Loxon Collection
By Loxon Solutions
Founded in 2000, Loxon has established itself as a leader in credit management solutions, with a strong emphasis on customer-centric approaches. The company is headquartered in Budapest, Hungary, and operates in over 30 countries across Europe, the Middle East, Africa, and Asia-Pacific regions.
Loxon was founded by a group of young banking experts who aimed to enhance the lending and collection processes for financial institutions. Initially, the company focused on providing bespoke solutions for Raiffeisen Bank Hungary. Over the years, Loxon expanded its offerings to include a comprehensive suite of credit management solutions, leveraging its expertise to become a market leader in the field.
The company has grown organically through strategic partnerships and a strong customer base. Loxon's revenue was reported at $8.2 million in 2024, indicating a stable financial position.
Lending Solutions: Tools to streamline the lending process and improve customer onboarding.
Collection Systems: Advanced systems for debt collection, featuring personalized communication strategies and automated workflows.
Loxon has focused on expanding its product offerings through innovation and strategic partnerships, such as its collaboration with Oracle for implementing the Basel II Calculation Engine. The company has also embraced cloud technology to enhance its Collection SaaS solution, which has been recognized for its innovation in the industry
Loxon's Collection SaaS solution incorporates advanced analytics and artificial intelligence to optimize debt recovery processes. This system is designed to provide financial institutions with the flexibility to adapt to changing market dynamics and improve overall collection performance.
Loxon prides itself on a customer-centric approach, emphasizing the importance of building strong relationships with clients. The company fosters a supportive work environment, offering employees opportunities for professional development, competitive salaries, and various benefits such as health insurance and recreational activities.
Loxon serves a diverse range of clients, including top banks and financial institutions across multiple continents. The company is committed to expanding its customer base, particularly in Europe, by focusing on major banks and leading financial groups in the region.
