PAIR Finance appoints Fabian Platzen as new COO and extends business model

Digital receivables management and debt collection company PAIR Finance strengthens its management team. As the new Chief Operating Officer, Fabian Platzen will take over the finance and operations department in future.

As of 1 October 2018, Fabian Platzen has joined the management team in his new role as the COO at PAIR Finance. Platzen has many years of experience in the banking industry. He comes from NIBC Bank, where he was most recently Director and head of the Telecoms, Media, Technology & Financial Services team, focussing on setting up and expanding the fintech and financial services providers division. Platzen began his career in the Financial Engineering department of Commerzbank AG in Frankfurt, where he spent several years, ultimately in a senior role.

“We are very pleased to have someone with such experience as our new COO in order to work together on bringing the development of PAIR Finance to the next level,” explains Stephan Stricker, Founder and CEO of the debt collection company. “As well as his outstanding expertise and his network of contacts in the finance industry, Fabian also has excellent knowledge of the debt collection industry based on many years of support for existing debt collection companies.” His main responsibilities will include process optimisation in Operations and Finance in order to enable further scaling the business model. Platzen will also take on the purchase of debt portfolios, known as ‘non-performing loans’. Previously, PAIR Finance has only been active in servicing debt collections.

Fabian Platzen, “PAIR Finance has a digital, customer-friendly approach to settling unpaid debts, making it the absolute forerunner in the debt collection industry. Its innovative, efficient services give PAIR Finance excellent opportunities in the market. Having followed the very positive development of the company over the last two years, I am really pleased to be working for this very successful fintech company.

About PAIR Finance

PAIR Finance is a technical, data-driven company in the debt collection and receivables management sector, which efficiently collects debts from defaulting customers through digital, consumer-focused communications methods and behavioural analysis. The company was founded in Berlin in 2016 and already has more than 200 German corporate clients. The team currently stands at 30 employees led by founder and CEO Stephan Stricker.