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There are few industries that have a more mixed reputation. Nevertheless, Pair Finance wants to transform this traditional industry. A former digital marketer and a fintech expert want to transform the debt collection business, an industry with a rather mixed reputation. Why are technology nerds choosing this particular industry?
Over 30% of adult Poles say they have missed payments and been contacted by debt collection agencies in the last 12 months (21.3% once, and 9.7% multiple times). The most common reason for late payments is simple: forgetting to make a payment.
A digital platform that recovers overdue payments using AI, behavioral research, and data science will now reach those who shop online but occasionally forget to pay. In Poland, this fintech is establishing a foothold for regional growth.
