Cambio secures $3mn in seed funding to revolutionise debt negotiation with AI
In brief:
- Cambio’s core service revolves around the use of artificial intelligence to assist consumers in managing and negotiating their debt.
- This technology not only negotiates with collectors but also provides real-time coaching to users during calls, a feature inspired by the capabilities of ChatGPT.
- The funding will be directed towards further development of Cambio’s AI technology and expansion of its services to banks and credit unions.
