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To become the new standard for how organisations resolve debt - ethically & technologically.
Debt affects millions of consumers in the UK. Over 300 people a day are declared insolvent or bankrupt – that's equivalent to one person roughly every 4 minutes. And at the same time, 12.8 million households have less than £1,500 in savings, and 4.8 million households live without at least one essential household appliance. But the aggressive ways in which companies collect debt remains relatively unchanged from 100 years ago.
Ophelos is an early-stage startup aiming to radically alter the way consumers manage debt. Their focus is on reimagining the customer experience by interacting with households through digital platforms and truly supporting them on their journey to become debt-free and beyond.
Backed by some of Europe's top investors – who have previously backed Citymapper, Curve, TrueLayer, and Wayve – the Ophelos team of researchers, engineers and business leaders bring decades of experience working across enterprises and academia, for companies like Oracle, Monzo and IBM, and academic institutions such as Oxford University, the University of Amsterdam and the University of Hong Kong.
Freddie
Company Specialist at Welcome to the Jungle
Jun 2022
$6.4m
SEED
Jun 2021
$2.3m
SEED
Amon Ghaiumy
(CEO)Experienced startup operator, previously Director at Moat (acquired by Oracle) and ASAPP.
Paul Chong
(CCO)Experienced technology executive, previously Head of IBM Watson, and VP at ASAPP.
Qingchen Wang, Ph.D
(Chief Scientist)Leading AI/ML researcher and professor at the University of Hong Kong.
Melissa started as a Mid Software Engineer in 2021 (employee no. 11). She progressed to Senior Software Engineer in March 2023 and is now the Tech Lead for our CX squad.
All
Meaningful work (4)
Nice people (3)
Opportunities to learn (2)
Supportive management (2)
Clear values (2)
Great work is recognised (1)
Flexible working (1)
Working in a relatively niche and old-school industry (debt collection) means that there's so much scope for innovation & improvement. Every project we work on has a tangible positive effect on people's financial situations, so I get a great sense of purpose from my role.
Product
Meaningful work
Feb 2022
The people at Ophelos are honestly amazing - everyone is so friendly, fun to be around, interesting and supportive. There's a really great feedback culture as well and people always make an effort to celebrate each others' achievements, however big or small.
Product
Nice people
Feb 2022
I've never felt as supported as I do at Ophelos. I get the perfect balance of guidance and independence. My managers aren't interested in just ticking personal development boxes - they are genuinely interested in where I want my life to take me and in how they can help me explore different avenues. Our team has a ton of experience as well, so I get to learn from some of the most intelligent and accomplished leaders out there.
Product
Supportive management
Feb 2022
My manager is honestly everything I have ever wanted as a manager. He allows me space to learn and grow and propose solutions whilst also offering a guiding hand in how things should be done. He's always supportive and will put you as a person above you as an employee.
Software Engineering
Supportive management
Jul 2021
I love working at Ophelos because we are helping people in need of support in sorting out their debt. The whole company revolves around helping those in debt take steps to start paying it off in a sustainable way. Every decision is aimed towards this common goal of helping the end user. Also because we have such a small team we really all can have a huge impact in our work.
Software Engineering
Meaningful work
Jul 2021
I have never worked somewhere with such a good feedback culture. Everyone's contributions no matter how big or small are always recognised. People actively make sure to thank you for help and support and it builds an excellent culture where you feel really valued.
Software Engineering
Great work is recognised
Jul 2021
Some of the nicest and most welcoming people I've met. Everyone is supportive of each other.
Software Engineering
Nice people
Jul 2021
Ophelos aims to be an ethical debt collector, which at first sounds like a contradiction. The focus is on supporting people with debt, trying to improve their situation and make sure they get all the help they need. The people at Ophelos back this up, they always discuss how we can help people more.
Software Engineering
Clear values
Jul 2021
Ophelos has very flexible working arrangements. I can work from home or the office whenever I wish, and the work hours are very flexible.
Software Engineering
Flexible working
Jul 2021
I joined the Engineering team at Ophelos with not much experience & the tech stack was pretty new to me. From the outset, I had an amazing balance of being supported and guided in my learning while having the freedom to explore and experiment. My favourite aspect to this is being given the freedom to build features myself, and then pair programming with the Head of Engineering to review and refactor my feature together - I'm learning so much! Also - everyone at Ophelos is so talented and there is a culture where experts in any part of the business (be it Engineering, Data Science, Sales, Operations etc) actively share their insights and expertise.
Software Engineering
Opportunities to learn
Mar 2021
Working at Ophelos is meaningful to me because we as a team, are trying make sure every person who may be struggling with debt feels heard and valued. This idea of fixing the debt collection process and being compassionate towards people who may be struggling is at the core of the company culture - it's a driver for all conversations from strategy to recruitment to engineering decisions.
Software Engineering
Meaningful work
Mar 2021
The Ophelos team is made up of kind, compassionate, thoughtful and FUNNY people! I genuinely enjoy spending time with them all - both in serious work and chill time. The cultural fit aspect is a top priority for recruitment which I love.
Software Engineering
Nice people
Mar 2021
I love working for Ophelos because we're trying to revolutionize the traditional debt collection industry. Contrary to industry norms, we are 100% customer-oriented, and we're also 100% driven by data and technology. The work we do everyday is gratifying, and we've been making tremendous progress.
Data
Meaningful work
Nov 2020
Our employees have the freedom to explore in any direction they deem to be meaningful. I personally have explored algorithms for improving the debt collection process, but other colleagues have explored other areas, such as building data pipelines, dashboards, etc. We share our learnings in daily standup meetings and have learned a lot as team.
Data
Opportunities to learn
Nov 2020
Ophelos is founded with the goal of revolutionizing the debt collection industry by being customer-oriented and data/technology driven. This is the north star of our company, from the founding team, to our investors, to each individual employee.
Data
Clear values
Nov 2020