How much funding has Lexop raised?

Lexop has raised $13.8M in total funding, most recently a Series B round.

Where is Lexop headquartered?

Lexop is headquartered in Montreal, Canada.

What industry is Lexop in?

Lexop operates in Collections, Fintech.

Lexop

Acquired

Montreal, Canada · Founded 2013 · $13.8M raised

Collections

Fintech

Headquarters: Montreal
Founded: 2013
Business Model: B2B
Website: lexop.com

Total Funding: $13.8M
Last Round: $13.8M Series BJan 2025
Rounds: 2

About

Lexop was a Montreal, Canada-based collections technology provider that helped credit unions and community banks modernize past-due bill recovery through self-service digital payment portals, AI-driven reminders, and integrations with core banking and collections systems like Jack Henry Symitar and Temenos Akcelerant. In January 2025, Lexop was acquired by Eltropy, combining Lexop's member-first collections technology with Eltropy's AI-powered communications platform to serve financial institutions.

Summary

Lexop is a Collections company based in Montreal, Canada, founded in 2013. It has raised $13.8M in total across 2 rounds, most recently a $13.8M Series B round in Jan 2025.