TechCrunch
•79% Informative
Cambio is bringing AI to the banking world in a surprising way: it’s putting AI bots on the phone with companies and consumers.
The startup began by offering an AI-powered service that negotiated debt collections on behalf of consumers, which helped around 70% of customers resolve their collections and raise their credit score.
Cambio 's service has reached nearly 90,000 users over the past year and the app's business model shifted from freemium to paid service.
Cambio has raised a $3 million seed round of funding from Builders , DVC, EGR Partners , Envisant, Encurage Financial Network , Goodwater Capital , Leonis Investissement , Sandhill Capital , YC and other angel investors.
With the move into the B2B space, Cambio app for consumers isn’t going away.
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