Paolo Colombari, CEO“Even when you’re entirely in the right, the cost of protecting your credit can be out of reach,” says Paolo Colombari, CEO of Invenium Legaltech. “Credit management, especially on a global scale, is inherently complex and being cut away from help makes it exponentially harder.”
Invenium Legaltech helps tackle these challenges by making specialized legal services accessible and affordable for every company, whether it is small and medium-sized enterprises (SMEs) that can’t afford expensive services or large entities that lack the expertise.
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We work for the creditor and the debtor. We support them in creating agreements that benefit both parties, ensuring the continuity of business relationships
The company specializes in international credit management and healthcare credits, using a powerful combination of human expertise and digitalization. This integration enables it to offer services that transcend borders, simplifying and streamlining international credit management for its clients.
A cornerstone of Invenium Legaltech’s approach is its focus on alternative dispute resolution (ADR). By prioritizing settlements over litigation, the company establishes a collaborative environment where all parties can benefit, effectively reducing the need for costly and time-consuming legal disputes.
Recently, the ADR approach worked wonders for a Swiss luxury goods business that used Invenium Legaltech’s service to recover a small credit in Mexico. This result would have been impractical through the traditional litigation approach. However, the company’s help made the difference. It dedicated five months of hard work to investigating, conducting extrajudicial negotiations and providing tailored solutions with installment plans and settlements. The plan worked, and they could recover the entire debt successfully without a title or formal ruling.
From Switzerland to Swaziland
When Invenium Legaltech says international credit management, it stands by that statement to the fullest extent. Stationed in Milan, Italy, it manages credits from Switzerland to Swaziland, with a global network of over 250 lawyers.
The culmination of Invenium Legaltech’s credit management expertise was a web application launched in 2021 as “my credit manager” and later renamed ‘MyInvénium.’ As one of the first web applications dedicated to international credit collection, it gives businesses essential insights into country-specific risks, legal systems and documentation requirements. By integrating financial and legal expertise, the platform empowers SMEs with tools traditionally reserved for larger enterprises, enabling them to navigate global legal systems, regulations and cultural nuances effectively. Presenting clients with a clear difference unheard of in the litigation path. The company also streamlines healthcare credit management, offering vital support to hospitals, pharmaceutical companies and private healthcare providers. From clinical trial agreements to insurance claims and government reimbursements, it ensures a seamless process every step of the way.
In one instance, Invenium Legaltech’s team collaborated with a European hospital to recover significant funds for clinical trials conducted across multiple countries. Through its MyInvénium platform, the team provided a precise analysis of cross-border risks and executed a successful recovery plan without resorting to litigation. The company also offers GDPR-compliant data handling while protecting sensitive patient-related information.
Experience Meets Technology
The nuanced nature of the debtor-creditor relationship requires an empathetic approach alongside technology. Team Invenium Legaltech bridges this gap with a human touch that a chatbot cannot replicate. This team of skilled professionals forms the foundation of Invenium Legaltech’s excellence.
In 2025, the MyInvénium platform will be enhanced with artificial intelligence, further streamlining processes. The AI-integrated version of the platform will provide even more detailed risk analysis and decision-making abilities. The result? A faster, more effective approach to international credit management.
Moreover, the company’s work with major institutions, including the Bank of Italy and international trade associations, underscores its dedication to promoting collaboration and driving change.
At its core, Invenium Legaltech is about empowering clients. Using a success-fee model, the company aligns its goals with those of clients, ensuring a shared commitment to efficient resolution. Success-based pricing, similar to litigation funding in the U.S., incentivizes speed, eliminating the financial burden of lengthy legal battles while focusing on delivering tangible results. A win here is a win for the creditor and debtor.
“We work for the creditor and the debtor,” says Colombari. “We support them in creating agreements that benefit both parties, ensuring the continuity of business relationships.”
This dedication has earned Invenium Legaltech consistent five-star reviews on platforms like Trustpilot and Google — a rarity in the debt collection industry.
A Global Vision for Debt Collection
Invenium Legaltech’s work extends beyond debt collection. The company’s import-exportech initiative is a collaborative hub that brings together businesses, financial institutions and trade organizations to navigate the complexities of international trade and remain competitive internationally. By integrating fintech, regtech and legal tech, it equips companies with the tools and data necessary for the global markets. The initiative has proven vital in addressing geopolitical shifts and currency fluctuations.
INNOVIT from the Italian Ministry of Innovation recognized this initiative. The appreciation signifies the importance of its service to the industry. Invenium Legaltech also went to Silicon Valley in the U.S., the heart of innovation, to share its perspective, a testament to its commitment to connecting international trade with digital transformation. The company ensures that businesses of all sizes can navigate the global credit complexities by making legal services accessible, integrating cutting-edge technology and maintaining a human touch.
Building on this foundation, the company empowers clients to achieve efficient, professional, sustainable solutions. Invenium Legaltech isn’t resting on its laurels and is developing better ways to simplify debt collection through collaboration and results-driven outcomes.
