Summary
Respaid uses AI to collect overdue B2B invoices through a respectful, lawyer-led approach. Founded by John Banner, a repeat founder whose previous startup nearly failed due to unpaid invoices, they solve the problem of balancing effective collections with maintaining customer relationships. They recover up to 85,000 invoices per day and collect approximately 50% within 20 days. Customers upload an Excel file and Respaid's AI handles research, outreach via calls, emails, SMS, and WhatsApp, and dispute resolution while protecting brand reputation. They charge success fees only.