#ClearGrid, armed with a fresh M, is developing AI to improve debt collection in MENA

#ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth…

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#Bolt CEO Ryan Breslow explains his troubled M personal loan, announces new ‘super app’

#Bolt CEO Ryan Breslow explains his troubled $30M personal loan, announces new ‘super app’

Bolt’s controversial co-founder Ryan Breslow, who returned as CEO earlier this month, spoke on Monday about the $30 million personal loan he took out of his company that sparked legal battles and contributed to his (temporary) ouster. Breslow also announced that Bolt will launch an “everything app” that will integrate one-click checkouts for everything from…

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