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

The company, which belongs to the Versicherungskammer Bayern group, is now piloting the Pair Finance solution. With this, BavariaDirekt wants to expand its competencies as a digital insurer. Policyholders can use it to manage outstanding receivables on their smartphones. For example, they can create individual installment payment plans via the personalized home page.

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.

Pair Finance is a collection service provider for Klarna and Zalando customers who pay late. The Finleap start-up made its first profits in 2019 and is now receiving millions more for its growth.