HealPay has tweaked its business model, allowing the downtown Ann Arbor-based company to grow and add to its staff.
HealPay created debt-collection software about a year ago. Since then it has expand its platform to include payment processing and credit card transactions. "We make money on transactions now instead of licensing fees," says Erick Bzovi, CEO & co-founder of HealPay
That has allowed HealPay to grow from its original two co-founders to a staff of six employees and two interns. It is also looking to hire a mobile app developer.
HealPay plans to expand into the mobile sector, adding tools to its software that allows collectors to do email reminders and lets users pay their debts through mobile software. "We really do see mobile complementing our web app," Bzovi says.
Source: Erick Bzovi, CEO & co-founder of HealPay
Writer: Jon Zemke