EverChain Blog

EverChain and its employees believe in giving back to the local and global community. Each year, with the full support of the company, members of the team participate in and contribute to a wide variety of philanthropic and charitable initiatives aimed at supporting causes close to their hearts. The most recent example is from our Chief Technology Officer, Renato Marteleto. Renato, his wife, and two colleagues just returned from a week-long humanitarian mission to the Ubuntu Nation at Dzaleka Refugee Camp in Malawi, Africa, organized by the Fraternity Without Borders (FWB) nonprofit chapters in Canada and in the USA.

The newly formed EverChain UK will leverage EverChain’s decade of experience and proprietary recovery management solution to bring compliant debt sales to the UK

We sat down with EverChain's AVP of Business Development, Nicholas (Nick) Wheeler, who joined our team about a month ago. We wanted to understand the "Why" behind his choice to join EverChain and hear what he loves about the team after his first month on the job.

Everchain VP, Brooke Teal's 10-week Leukemia & Lymphoma Society (LLS) Man & Woman of the Year (Atlanta) Fundraising Campaign has come to an end and we are THRILLED to share that she was named RUNNER UP for raising $163,585 to battle Leukemia! Please join us in recognizing Brooke in this impactful and meaningful accomplishment, dedicated to the memory of her grandfather, Bill Teal, who was a leukemia patient and a veteran. The LLS mission is to cure blood cancer and improve the quality of life of patients and their families focusing on research, advocacy, and patient support. A cancer diagnosis is the leading cause of medical debt and Brooke is supporting consumers in these difficult circumstances. Due to her fundraising efforts, Brooke was awarded  the unique opportunity to link a mission portfolio to Patient Financial Support in EverChain’s name. The Atlanta Man and Woman of the Year campaign raised  $2,432,808 in total.

Two key leaders take the helm during unprecedented growth streak EverChain is pleased to announce the creation of two new executive leadership roles to support the company’s global growth and expansion. Jenn Wilson, EverChain’s President and Chief Compliance Officer, will assume the role of Corporate Secretary and Dan Green, EverChain’s Chief Revenue Officer, has been promoted to President of EverChain North America. The two promotions support EverChain's strategic business initiatives and further enhance their market position as an industry innovator.

Listen to the Interview. <div id="buzzsprout-player-10734297"></div><script src="https://www.buzzsprout.com/1966250/10734297-368-matthew-wratten-of-everchain.js?container_id=buzzsprout-player-10734297&player=small" type="text/javascript" charset="utf-8"></script>The debt buying process is one that has traditionally been highly manual with Excel spreadsheets flying around and not much automation or sophistication. But that has started to change as fintech has come to debt buying and selling.My next guest on the Fintech One-on-One podcast is Matthew Wratten, the CEO and founder of EverChain (formerly known as Debt Trader). EverChain has created a platform that allows debt buyers and sellers to manage their non-performing loans with a level of technology and compliance not before seen in the industry. In this podcast you will learn:The founding story of EverChain.The state of the debt buying industry today.What was wrong with how the debt sales process worked historically.How EverChain has made it easier.What is involved in the onboarding process for lenders.The different lending verticals they operate in today.The thinking behind the rebrand to EverChain.How they are working with the buy now pay later companies.The kind of volume you need to participate on EverChain’s platform.How they work with debt buyers.How they deal with buyers that receive a lot of complaints.Matthew’s thoughts about when lenders should be selling their non-performing loans.How they provide guidance to sellers on portfolio pricing.His thoughts on the action the CFPB has taken against debt collectors.How they are keeping on top of the changing rules at the different levels of government.What is next for EverChain. Below is the transcript - you can find the full episode on the LendIt website.