Business Insider: After expansion: these are the key people at debt collection startup Pair Finance

English private equity investor Pollen Street Capital acquired a majority stake in Berlin-based debt collection startup Pair Finance in October. "The purchase price is said to be just over €100 million, (...)," FinanceFWD wrote at the time about the takeover.

Those born from 1993 onwards talk more openly about debts and the topic of debt collection than the generations before, a recent survey shows. When communicating about forgotten or overlooked bills, they prefer an email and pay them most often via Paypal.

Have you every had troubles paying your bills and got some nasty calls or letters about it? Debt collection is surely one area where I would not have thought to find AI, but today on the show, I am talking to Stephan Stricker Founder and CEO of Pair Finance and Maxime Kaniewicz, Data Science Team lead. On how they combine the insights and methods from targeted marketing with reinforcement learning, to nudge customers towards paying their bills.