Settleitsoft, Inc.

SettleiTsoft® is web-based and mobile debt negotiation software that encapsulates the debt settlement process in an intuitive, automated 24/7 environment.

  • Stage Full Product Ready
  • Industry Fintech
  • Location Fort Lauderdale, FL, US
  • Currency USD
  • Founded December 2017
  • Employees 6
  • Incorporation Type C-corp
  • Website settleitsoft.com

Company Summary

Business Model
SettleiTsoft Inc. is committed to helping the growing population of millions of consumers in financial distress with a digital financial tool that teaches, guides, and assists them in becoming financially stable by reducing debt and creating viable, sustainable budgets.

Accessible 24/7, SettleiTsoft® Users may interact with the software platform to enter current financial data, find creative solutions for any type of unpaid debt problems - such as credit cards, student debt, and medical debt - develop strategies including “What if?” scenarios, and communicate with their creditors virtually. Therefore, minimizing upsetting phone calls and frightening letters by connecting responsibly with a creditor representative through a secure, online channel.

Structure
The SettleiTsoft name was incorporated in the state of Florida for the safekeeping of the trademark within the company corporate structure. After seed funds were successfully committed, the company was founded for operations at the end of the 4th Q 2017. Currently, SettleiTsoft Inc. is a well-organized Florida "C" Corporation with a Board of Directors and the following departments: Operations, Software Development, Marketing, Business Relations, and Media Productions.

Products/Services
SettleiTsoft® is a web and mobile debt negotiation platform, designed to help consumers to combat predatory debt collection practices. The software allows the debtor to negotiate and settle their contractual unpaid debt obligations - "specifically Unsecured Credit Card, Student, and Medical debt" - often for less than half of what is owed. Accessing online portals and mobile applications which facilitate communication and interaction between debtors and creditors, the User is always in control of the debt resolution process.

SettleiTsoft® was released for limited beta testing during the latter part of 3rd Q 2018 and the company officially launched the full web-based debt negotiation platform and mobile applications - iOS and Android - on July 18, 2019.

https://www.24-7pressrelease.com/press-release/464427/free-software-solution-to-protect-consumers-against-fraudulent-debt-recovery-practices

Value Proposition
SettleiTsoft has encapsulated all aspects of the debt negotiation and settlement process in a unique fully automated and intuitive system platform where debtors and creditors may digitally interface and interact, negotiate debt repayment arrangements, and create settlement agreements for delinquent debts, such as unsecured Credit Card Debt, in a secure virtual environment. The user is always in control and both parties – debtors and creditors – may choose to accept, reject, or make counter-offers to debt settlement proposals.

Team

  • Mr. Garcia has extensive financial experience in the mortgage and debt settlement industries which combined with computer science, operational research and technical background, have provided Settleitsoft Inc. the advantage of excellent, innovation and exceptional leadership. He holds two Bachelor Degrees in Computer Science and Industrial Engineering as well as advanced studies in Systems Intelligence, Software Design and Networking platforms.

  • VP of Intelligence Communications & Media

    As the Communications/Media Executive, Rich Rudner brings to the table a wealth of marketing, writing, media production, and organizational skills. During an award-winning 30+ year career that has focused on cutting edge technologies involving the Internet, Social Media Integration, Broadcast, and Print Media, Rich has been engaged to produce material for must financial services, providing a unique business background that is difficult to match.

  • VP of Intelligence Technologies & CTO

    Ms. Henry is responsible for the design and development of products and database architecture with a remarkable career of 35+ years of experience in business operations, strategic planning, project management, quality assurance, software application development, and database architecture. Some of her most notable clients included the City of New York, fortune 500 companies and prestigious Universities such as Princeton, Yale, Harvard and Eton.

  • VP of Business Development

    As the leader of the Business Development Division, Wilson Velandia sets the strategies and manages company methods, procedures, and operational logistics. Wilson has 15+ years of experience in the field of Networking and Structural Cable Engineering. He has completed multiple projects in logistics and field operations involving equipment and personnel with Comcast. Mr. Velandia also has completed advanced studies in creative design and SEO.

  • Methods & IT Procedure Specialist

    Mr. Ferreira has accumulated 20+ years of experience developing systems for the financial industry. He was Project Manager for the Banco Central Hipotecario (BCH) Colombia, in charge of networking and online transactions for ATM and Teller machines. As Director of Technology for Team-Engineering Co., he performed feasibility studies for a Waste Transformation to Energy Project in Trinidad and Tobago (sponsored by American and Canadian groups).

  • Executive VP & COO

    Mr. Garcia has ample experience facilitating cross-functional teams and building strong business partnerships to manage and solving operational issues. Carlos has 18+ years of management experience for companies such as United Parcel Service (UPS), Sucromiles and Bayer; performing and managing a diversity of fields including facilities design, methods and procedures, optimization, simulation, operations research, quality control, and logistics.

Advisors

  • Jade Chen
    Unconfirmed

Previous Investors

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