The origins of Arvato Financial Solutions date back to the year 1961. Back then, an idea with far-reaching consequences was born in the accounting department of Vereinigte Verlagsauslieferung (VVA): The idea was that receivables from bookshops would be purchased from publishing firms as soon as they arose. Since then Arvato Financial Solutions has grown to an international, leading financial service provider trusted by millions of customers every day. Nowadays, 4,900 experts are delivering efficient credit management solutions in around 15 countries around the globe.