Dublin AI start-up Webio raises €1.5m for credit collection service
Company uses artificial intelligence to reduce potential for conflict between creditors and the customers that owe them money
Webio, a Dublin-headquartered tech start-up which uses AI to make collecting debt less adversarial for companies and customers, has raised €1.5 million in a Series A funding round.
The round was led by Finch Capital, an early-stage venture capital fund with offices in London, Amsterdam and Singapore, which invested €500,000 in Webio.
The company said it will use the funding to accelerate its growth in the AI area, as well as on recruiting new staff.