YC-backed Cambio puts AI bots on the phone to negotiate debt, talk to a bank’s customers

A Y Combinator-backed startup called 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 […] © 2024 TechCrunch. All rights reserved. For personal use only.

Feb 14, 2024 - 05:54

YC-backed Cambio puts AI bots on the phone to negotiate debt, talk to a bank’s customers

A Y Combinator-backed startup called 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 […]