Bfree, a tech-enabled debt collection startup based in Nigeria, was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects of ...

Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt ...

According to the Department for Business & Trade, late payments, including overdue invoices, cost the UK economy nearly £11 billion per year and lead to the closure of 38 UK businesses per day – a ...

Bangalore (Karnataka) [India], September 22: A leading digital lender achieves a breakthrough 80%+ early recovery rate, establishing a new industry benchmark as Neowise bridges AI automation with ...

The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...