NuovoPay is a cloud-based finance recovery product that enables telecom carriers, device financing companies and financial institutions to de-risk the device financing model with its remote locking technology. NuovoPay is on a mission to empower finance companies, telecom carriers and resellers to build a sustainable device leasing model. With its remote device locking technology, NuovoPay streamlines the process of protecting the leased devices against non-payments or theft, assuring effortless payment requisition. Leasing companies or telecom carriers can leverage NuovoPay capabilities to enable utmost device security and save physical device recovery costs.