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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth […] © 2024 TechCrunch. All rights reserved. For personal use only.



ClearGrid, a Dubai-based fintech startup, secured $10M to develop AI-powered solutions for modernizing debt collection in the MENA region. Their platform automates the collections process, predicts customer behavior, personalizes outreach, and structures repayments to help lenders recover debt without resorting to harassment.

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