Founder and CEO Stephan Stricker sees great growth opportunities for his debt collection fintech with the new majority shareholder Pollen Street Capital. The sale is the second major exit after the Penta-Qonto deal.

In our series: The Faces of the FinTech Industry, we have always regularly asked a person from the payment and banking industry questions. In the meantime, over 300 scene and industry heads have answered our ten questions about themselves and their areas of responsibility.

In our series: The Faces of the FinTech Industry, we have always regularly asked a person from the payment and banking industry questions. In the meantime, over 300 scene and industry heads have answered our ten questions about themselves and their areas of responsibility.

The collection fintech PAIR Finance has been certified an ISO 27001 certificate by TÜV Rheinland. Consumers and business partners thus receive independent proof that PAIR Finance meets the highest standards of data protection and information security in the business process.

AI-based debt collection fintech Pair Finance has hired former Flaconi executive Susanne Wruck as chief operating officer (COO). "Starting at Pair Finance is an exciting opportunity for me. Pair Finance's technology is a game changer." (...) After ten years in e-commerce at Flaconi and Bringmeister, she now takes over from Fabian Platzen, who now wants to focus on his job as Chief Financial Officer.

Collection fintech Pair Finance has recruited Susanne Wruck as its new COO. From August 1, 2022, she will take over the role from Fabian Platzen, who will now focus on his role as Chief Financial Officer. Wruck most recently spent a decade in e-commerce at Flaconi and Bringmeister. At Flaconi, she was primarily responsible for fulfillment, delivery and customer care.

Pair Finance increases its management level: Susanne Wruck takes over the agendas of Fabian Platzen as Chief Operating Officer, who will focus on his role as Chief Financial Officer from now on. Susanne Wruck joins Pair Finance after a decade in e-commerce at Flaconi and Bringmeister. At Flaconi, she was most recently responsible for fulfillment, delivery and customer care.

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.

The payment reminder is lost in the flood of mail, the first reminder is not opened,
the second one either. And then things take their course: debt collection, legal dunning proceedings, and so on. This usually ends unpleasantly and with a lot of resentment towards each other. But according to Pair Finance, it doesn't have to come to that. Founder and CEO Stephan Stricker combines debt collection and the dunning process with behavioral research based on artificial intelligence. He claims that 90 percent of cases can be resolved before court. (€)

The digitization of the legal industry is often viewed with a view to new digital business models in the area of ​​consumer rights. In addition, digital companies are also transforming what is perhaps the most classic legal service: debt collection. The use of artificial intelligence is a response to the increasing pressure to innovate, especially in receivables management.

Mathias Kadler is General Counsel of PAIR Finance GmbH - a fintech company that is revolutionizing the debt collection market. With a self-developed technology whose algorithm is based on artificial intelligence, PAIR Finance offers a digital and individual payment solution for defaulting consumers. For Kadler, this means: Highly dynamic work and a lot of creative freedom in an innovative environment.

Stephan Stricker built one of the most successful fintechs in Germany. One that was profitable after just a few years. Pair Finance operates digital debt collection services. With this, Stricker also wants to improve the image of the industry. (...) In the new episode of "So techt Deutschland", Stephan Stricker explains how the entrepreneur deals with criticism of the industry and how he sees fintechs in Germany.