Switzerland
Market: Financial services
Project stage: Operating business
Also this project:
-
Find investments
- Participate in the Unicorn Battle
Idea or High Level Concept
eCollect is a B2B2C FinTech driven startup with an in-house developed all-in-one cross-border receivables management platform. We make use of best-in-class AI solutions to turn traditional debt collection into an innovative fully digitised hassle- free experience for every industry and their customers. Our AI-based service surpasses the outdated methods of traditional debt collection employing a proven workflow to take customer communication to the next level.
Traction and Current Status
eCollect is a B2B2C FinTech driven startup with an in-house developed all-in-one cross-border receivables management platform. We make use of best-in-class AI solutions to turn traditional debt collection into an innovative fully digitised hassle-free experience for every industry sector and its clients.
Our AI-based service surpasses the outdated methods of traditional debt collection employing a proven workflow to take customer communication to the next level. The result is a fully integrated platform, which allows the cost-effective processing of even small-sized and cross-border receivables.
Problem or Opportunity
eCollect turns chaotic and expensive receivables management procedures into a slick, intelligent and keen technology-driven process. Instead of using multiple providers and lavishing internal resources and money, businesses can now put their entire receivables management on autopilot, incl. billing, dunning, pre-legal and legal collection, payment related customer support.
Solution
A technological all-in-one solution, that covers the entire receivables management process. eCollect operates cross-border and maintains multi-language dispute management and customer support. There is a possibility of multi-currency payments with over 150 integrated payment methods and flexible data transfer, which makes us a trusted partner for our clients and their customers in multiple industries: Digital Enterprises, Public Utilities, Government, Mobility, Healthcare, Travel & Hospitality, Insurance and Financial Services.
Competitors and Existing Alternatives
Some of our competitors are: Receeve, CollectAI, Pair Finance, and Troy. However, eCollect is a frontrunner because of our multi-channel, cross-boarder end-to-end receivables management platform.
Advantages or differentiators
Our USPs: - Invoicing - Dunning - Pre-Legal - Legal Collection (I2C) Process with one single onboarding for multiple countries - Cross-border, multi-jursdiction, multi-language and multi-currency usability with over 150 payment methods worldwide with monitoring of exchange rates - Innovative software platform with micro-services architecture and event-based processing - Capable of processing over 2 million transactions per day - AI-based omnichannel communication processes which are adjusted according to the target persona - Exploratory Analytics apps with UX dashboard - White-label customer app, Payment Page & White-label client app - Banking grade data and identity protection
Incubation/Acceleration programs accomplishment
Visa Innovation Program 2020
Won the competition and other awards
Tech Rocketship Awards 2021 - Category winner Digital Economy & Security Venture Lab - Top 5 Swiss Fintech startups 2020
