Copenhagen, February 26, 2025
Debtist, one of Europe’s leading providers of digital debt collection for B2B and B2C, is expanding its operations and entering the Danish market—another milestone in the company’s European growth journey.
Founded in 2023, Debtist has already achieved significant success, including reaching an annual recurring revenue of €5 million and building a dedicated team of 35 employees. Additionally, well-known companies such as Hive, Celonis, Enterprise, and Agicap have joined Debtist’s portfolio—a clear sign of the industry’s trust in its innovative solutions.
"Our growth demonstrates the enormous demand for digital debt collection. Expanding into Denmark is the next logical step in making our solutions even more widely available across Europe," says Matteo Benedetti, co-founder of Debtist.
This year, Debtist is focused on expanding its presence across Europe to establish innovative digital debt collection in more regions.
The move into Denmark lays the foundation for Scandinavia to become part of Debtist’s success story.
The company leverages automated processes, artificial intelligence, and smart technologies to make receivables management efficient, digital, and innovative. This modern approach marks a major advancement in the debt collection industry and reflects Debtist’s commitment to fundamentally transforming traditional practices.
Debtist’s entry into Denmark is driven by the belief that a modern approach to debt collection can drive the necessary change. Denmark, as a relatively untapped market, offers ideal conditions for introducing innovative collection solutions.
Moreover, the company’s existing presence in the region and an attractive fee structure make it easier for businesses and creditors to benefit from Debtist’s forward-thinking services.
To establish the Danish branch, Debtist has appointed Mads Schøning as country manager. With extensive market knowledge and years of experience in assisting foreing companies expanding into the nordic market, Schøning will oversee operations in Copenhagen and drive the development of innovative debt collection solutions.
"Denmark is ready for a digital debt collection revolution. I am excited to work with Debtist to set new standards in receivables management," says Mads Schøning.
His expertise will help Debtist further advance the digitalization of debt collection and introduce tailored solutions for businesses across Scandinavia.
Debtist’s expansion into Denmark highlights its commitment to actively shaping the transformation of the debt collection industry. Under the motto "Digital. Collections. Europe.", the company is making a strong statement and offering a service that meets the demands of a modern market. The combination of cutting-edge technology, favorable market conditions, and deep industry expertise promises to revolutionize receivables management in the long term.