For lenders, debt collection is largely automated. But for people who owe money on their credit cards, it can be a confusing and stressful process.Relief is looking to change that. Its app automates the credit-card debt collection process for users, negotiating with lenders and collectors to settle outstanding balances on their behalf.The fintech just launched and closed a $2 million seed round led by Collaborative Ventures.Relief’s fundraising experience was a bit different to most.
$2M • 2021 • Seed
Relief automates credit card debt collection by negotiating with lenders and collectors on behalf of users to settle outstanding balances.
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