Riverty

Riverty
Company typeSubsidiary
IndustryFinancial technology, Financial services
PredecessorArvato Financial Solutions
Founded2022 (rebranding; origins in the 1960s)
HeadquartersGütersloher Str. 123,
Verl
,
Germany
Key people
Andreas Barth (CEO)
ProductsBuy Now, Pay Later (BNPL), debt collection, accounting services
Number of employees
4,000+
ParentBertelsmann
Websitewww.riverty.com

Riverty (legally Riverty Group GmbH) is a German financial technology company. It operates as the fintech arm of the global media and services company Bertelsmann SE & Co. KGaA and provides a range of services, including Buy Now, Pay Later (BNPL), accounting services, and debt management.[1][2]

The company was established through the rebranding of Arvato Financial Solutions in 2022, consolidating several legacy financial services brands under the Riverty name.[3]

History

Riverty was founded in 1961 as a B2B factoring business supporting the printing and publishing operations of the Bertelsmann group.[4] By the late 1990s, the business had expanded significantly, serving international clients and offering financial management, warehousing, and IT services under the Arvato brand.[5][4] In the 2000s, Arvato Financial Solutions expanded into credit risk management, fraud prevention, debt collection, and emerging consumer payment products, including BNPL.[6]

In 2005, Arvato joint-ventured with Infoscore, Germany's credit agency and debt collection provider, integrating its data and accounts receivable services.[7] In 2013, the company acquired Gothia Financial Group, a Nordic provider of invoice and debt management services.[8] In 2014, Arvato Financial Solutions continued its expansion by acquiring Dutch payment services provider Afterpay, adding BNPL capabilities to its suite of services.[9] In the same year, the company also established Infoscore Nederland B.V.[10] In 2020, the company underwent several portfolio adjustments: the “Auskunftei” business was carved out and sold to global information services company Experian, and the German debt collection arm was rebranded as Paigo.[11] Additionally, Arvato Financial Solutions acquired a majority stake in the Swiss MF Group.[12][13][14] In 2022, Arvato Financial Solutions simplified its business by merging its various brands, like AfterPay and Paigo, under one brand roof called Riverty.[15][16]

Riverty received the Red Dot Design Award in 2023.[17][18] In October 2024, the company's Dutch subsidiary, Riverty Services Netherlands B.V., was registered in the Netherlands’ official Incassoregister, allowing it to operate as a debt collection service provider.[19] In the same year, Riverty received regulatory approval from the German Federal Financial Supervisory Authority (BaFin) under the German Credit Servicing Act (KrZwMG), allowing the company to provide regulated credit servicing activities in Germany.[20][21] Riverty partnered with companies like Mollie and Adyen to make its "buy now, pay later" services available on more online shopping websites.[22][23]

Activities

Riverty operates as a subsidiary of Bertelsmann[24] and maintains its headquarters in Verl, Germany.[25] The company works across multiple European markets, including Germany, Austria, Switzerland, the Netherlands, Ireland, Luxembourg, Poland, Norway, Sweden, Denmark, Finland, and Estonia.[26][27]

Riverty provides payment, accounting, and debt collection services across multiple markets, serving merchants, consumers, and institutional clients including e-commerce retailers, public transport providers, telecommunications companies, EV charging operators, insurers, banks, and other financial services providers.[28][29]

The Pay & Credit division provides BNPL services, including short- and medium-term invoice plans, monthly invoices, and installment options like “Pay in 3” (Netherlands) and “Flex,” which lets users adjust repayments via the Riverty app.[30]

Riverty has integrated artificial intelligence into its operations, focusing on automating and enhancing customer service processes.[31] The company collaborates with technology partners such as Microsoft, Adyen, and Parloa to develop AI-driven solutions, including voice assistants and intelligent service tools.[32][33][16]

Memberships

The company is a member of the Federal Association of German Collection Agencies (BDIU) and the Federation of European National Collection Associations (FENCA).[34]

Riverty maintains partnerships with major payment service providers such as Mollie, Adyen, Computop, and Stripe, and serves a wide range of merchants including Asos, Lego, Easypark, Tom Tailor, eBay, Decathlon, Mister Spex, Wehkamp, Flaconi, and SIXT.[35][36]

References

  1. ^ Neutsch, Juliane (23 June 2025). "Mit Riverty bezahlen: Das müssen Sie beim Shoppen beachten". Chip. Retrieved 13 March 2026.
  2. ^ "Riverty Group GmbH". Bloomberg. Retrieved 13 March 2026.
  3. ^ "Arvato Financial Solutions, Bertelsmann's financial service provider, rebrands as Riverty". EuropaWire. 5 October 2022. Retrieved 13 March 2026.
  4. ^ a b "Geschichte verpflichtet". medianet (in German). 27 October 2023. Retrieved 13 March 2026.
  5. ^ "Arvato Hightech". FIN. Retrieved 13 March 2026.
  6. ^ Ochiana, Raluca (10 January 2024). "Thriving in the evolving payment landscape and pioneering seamless transactions". The Paypers. Retrieved 13 March 2026.
  7. ^ "Infoscore-Gruppe und arvato-Töchter fusionieren "arvato-Infoscore" neuer Dienstleister im Daten-, Informations- und Forderungsmanagement Unternehmenssitz wird Baden-Baden 1.700 Mitarbeiter". PressePortal (in German). 17 February 2005. Retrieved 13 March 2026.
  8. ^ "arvato AG acquires International Gothia Financial Group". Bertelsmann. 25 April 2013. Retrieved 13 March 2026.
  9. ^ Mual, Melisande (17 January 2014). "arvato Financial Solutions acquires AfterPay". The Paypers. Retrieved 13 March 2026.
  10. ^ "Internationales Inkasso: arvato infoscore ab sofort in den Benelux-Ländern vertreten". NewsFenster (in German). 1 August 2012. Retrieved 13 March 2026.
  11. ^ "Experian completes acquisition of majority stake in Arvato Financial Solutions Risk Management". Experian. Archived from the original on 13 January 2026. Retrieved 13 March 2026.
  12. ^ "DIVESTITURE of a 49% stake in a provider of e-commerce B2C factoring MF Group Factoring AG to Arvato Financial Solutions". Reach. Retrieved 13 March 2026.
  13. ^ "SolarisBank holt sich 26,3 Millionen Euro". Deutsche Startups (in German). 14 March 2017. Retrieved 13 March 2026.
  14. ^ O'Brien, Chris (14 March 2017). "SolarisBank raises $28 million to expand its European fintech platform". VentureBeat. Retrieved 13 March 2026.
  15. ^ "Riverty de nieuwe naam van AfterPay". Thuiswinkel (in Dutch). Retrieved 13 March 2026.
  16. ^ a b Heuzeroth, Thomas (6 February 2026). "Inkasso-Betreiber: "Wer seriös ist, redet mit den Betroffenen und sucht Lösungen."". Die Welt (in German). Retrieved 13 March 2026.
  17. ^ "Hohe Auszeichnung: Riverty gewinnt renommierten E-Commerce Germany Award in der Kategorie "Beste Zahlungslösung"". FinanzNachrichten (in German). 27 February 2024. Retrieved 13 March 2026.
  18. ^ "Archive Special Winner". German Brand Award. Retrieved 13 March 2026.
  19. ^ "Riverty Services Netherlands B.V." Justis. Retrieved 13 March 2026.
  20. ^ "Annual Report 2024" (PDF). Bertelsmann. Archived from the original (PDF) on 31 March 2025. Retrieved 13 March 2026.
  21. ^ "The German Secondary Credit Market Act: what companies need to know". BaFin. 17 May 2024. Retrieved 13 March 2026.
  22. ^ "How to boost sales on Shopify with Riverty's Buy Now Pay Later (BNPL)". Flatline. 10 April 2025. Retrieved 13 March 2026.
  23. ^ "Mollie and Riverty Partner on BNPL Solution in Europe". PYMNTS. 4 July 2024. Retrieved 13 March 2026.
  24. ^ "Andreas Barth to Succeed Jan Altersten as CEO of Riverty". Bertelsmann. Retrieved 13 March 2026.
  25. ^ "Riverty GmbH Credit Report". Creditsafe. Retrieved 13 March 2026.
  26. ^ "Riverty". Briqpay. Retrieved 13 March 2026.
  27. ^ "Riverty". Nuvei. Retrieved 13 March 2026.
  28. ^ "Riverty". WWV. Retrieved 13 March 2026.
  29. ^ Schermer, Britta (17 August 2025). "Was ist Riverty? Alles, was Sie über die neue Zahlungsplattform wissen sollten". Chip (in German). Retrieved 13 March 2026.
  30. ^ Thompsett, Louis (28 March 2024). "Riverty & Adyen: Empowering Merchants with 14-Day BNPL Solution". FinTech Magazine. Retrieved 13 March 2026.
  31. ^ "Cluster Reply unterstützt die KI-First-Strategie von Riverty für menschenzentrierten Omnichannel-Kundenservice". Neuhandeln. Retrieved 13 March 2026.
  32. ^ Jacob, Constantin (17 December 2024). "Riverty und Parloa kooperieren: Riverty AI Voice Assistant wird 2025 ausgerollt". CCV (in German). Retrieved 13 March 2026.
  33. ^ Heuzeroth, Thomas (13 January 2026). "Inkasso: Diese eine Sache ist wichtig bei Ratenzahlungen, laut Riverty-Chef". Business Insider (in German). Retrieved 13 March 2026.
  34. ^ Sieberichs, Dagmar (2 April 2025). "Riverty Services GmbH schickt Mahnung: Das ist zu tun". Focus. Retrieved 13 March 2026.
  35. ^ "Riverty and Adyen Partner up to Offer 14-day Invoice Solution in DACH". Adyen. 27 March 2024. Retrieved 13 March 2026.
  36. ^ Neutsch, Juliane (23 June 2025). "Mit Riverty bezahlen: Das müssen Sie beim Shoppen beachten". Chip. Retrieved 13 March 2026.
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