India, March 11 -- Continuing its acquisition spree, fintech SaaS unicorn Perfios has now acquired AI-powered debt collection startup CreditNirvana, over a month after buying CustomerXPs, the parent entity of banking fraud management startup Clari5.

However, the company did not disclose the financial terms of the deal.

With this acquisition, Perfios aims to enhance its debt management capabilities. Additionally, it also aims to help financial institutions with streamlined recoveries, reduce frauds and maximise portfolio performance in the BFSI (banking, financial services, insurance) segment.

"By integrating CreditNirvana's AI-driven capabilities with our existing solutions, we aim to unlock new efficiencies. This addition reinforces o...