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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA
Dubai-based ClearGrid aims to help modernize debt collection — and recovery — with AI.
“When we spoke with collectors, it was clear the industry was stuck in the past — some agencies still used pen and paper, and the most advanced relied on basic CRMs,” Al Zaben told TechCrunch. “At a time when lending is booming, regulations are tightening, and AI is reshaping industries, we see this as an opportunity to help lenders recover debt while building trust with borrowers.” the CEO said. The company also plans to double its engineering team in the next fiscal quarter to build what Al Zaben calls the “definitive credit orchestration infrastructure for the region.”
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