InDebted scales up in NZ with Debtworks takeover

InDebted CEO Josh Foreman and CFO Nic Chin. (Image: Supplied)

Mon, 14 Jul 2025

Australia-founded debt resolution technology firm InDebted has made its first acquisition in New Zealand with the takeover of Auckland company Debtworks.Founded in 2016 by chief executive Josh Foreman, InDebted provides third-party collections services. In September, it completed a A$60 million ($67m) capital raise, taking its total valuation to more than A$350m.InDebted’s first international expansion was to New Zealand in 2019. It now operates across Australasia, the UK, North and Latin America, and the Middle East.Companies mergeAs par...

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