Retape.ai

Retape AI is a startup founded in 2023 and backed by Y Combinator. The company specializes in AI-driven solutions for debt settlement and collections, aiming to enhance the efficiency of financial institutions, collection agencies, and debt settlement companies. Its platform features AI tools that automate debt recovery processes, integrating seamlessly with existing CRM systems.

The core offerings include AI voice agents and a Scrub Bot that automates bulk list processing. These tools streamline operations by identifying outstanding debts, negotiating with creditors, and significantly reducing manual effort. Retape claims its solutions can improve collection rates and operational efficiency, allowing for substantial reductions in team sizes while achieving record settlements. The company has successfully partnered with major creditors like Chase and Capital One, demonstrating its impact in the industry.

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