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Respaid

Respectful B2B Debt Collection, Powered by AI

We recover up to 85,000 invoices per day and get 50% paid within 20 days on average. Respaid uses AI to respectfully collect overdue B2B invoices. Just give us an excel file—no attached invoices needed. We integrate with your stack or work standalone, protecting your brand's reputation while maximizing collections through our AI-powered, respectful approach.
Active Founders
John Banner
John Banner
Founder
My prior startup's downfall was due to unpaid invoices. With no viable market solution and seeing that 1/4 of businesses faced bankruptcy for similar reasons, I founded Respaid, using AI and respect to address the issue. Beyond entrepreneurship, I'm a commander in the French Republican Guard, a pianist, composer, and passionate about fintech meeting psychology. An engineer by training, I graduated from Harvard Business School and Ecole Centrale Electronique. Also, I'm a proud dad of 4 under 5 🙂
Company Launches
Respaid - Respectful B2B Collection, powered by AI
See original launch post

Hey! This is John, the founder of Respaid.com

Are you constantly juggling a million things while overdue bills keep slipping through the cracks? AI-powered respectful collection enables you to receive up to 9x more payments.

Yeah… I'm a solo founder, but.. I’m not alone. Actually we’re 40+ passionate people from 7 countries!

❌ Problem: collect small overdue bills is hard

Be too harsh and people feel offended, be too soft, and they not take it seriously.
At Respaid, we've found the sweet spot. With our similar approach that a lawyer would do, combined with surprising softness and simple direct payments, people are happy to pay (NPS: 93).
Your brand reputation is even greater.

✨ Solution: AI-Powered Lawyer collection + Respect

We combine a respectful approach (contact with care through a real lawyer) + AI (predict the perfect timing, message and channel) to collect your overdue bills. Your customers are surprised that your company’s lawyer has been soft and made it easy to pay.
How to start: give us a simple excel file, we do the rest (no attached invoices required).

e.g. Apple Pay increase collection rate by up to 7%

👉 For Who: SaaS, Subscription and Marketplace

Your customers are SMBs? Finding a solution which is profitable and not time consuming is now possible.
We currently have 458 customers (DoorDash, Checkr, Podium…) in 8 industries (retail, insurance, finance, service..). We usually start with an excel file, but you can also automate us through Zapier or direct API.
We do up to 85k collections per day!

🕤 BackStory: how BAD debts killed my last startup

In my previous startup, I didn’t find a solution to chase small debts, and debt collectors would not take us seriously regarding volume or risk too high (they tend to select debts they have more chance to be collected). I realized 1/ 4 startups fail due to small debts. I knew the only way to fix it was through technology + respect. 18 months later, we were #1 on Trustpilot “debt collector”, had 16 unicorn customers.
But….we never officially launched in the US… until today!

• We do a fair pricing (success fees only)

You only pay a success fee when we succeed (starting 10.9%). In the industry, we’re probably the only ones to even display a pricing page as we understood it was not right to calculate pricing depending on debt quality.
Use the code “YCS23”🔥 at signup to get 1 month trial period, there's no need to worry about license fees.
It's our way of demonstrating our commitment to your success.

🙏 How You Can Help

Intros to founders/CFO - You can help us by introducing startups/companies having: 1. a lot of SMBs or 2. a lot of individuals as customers to share how they handle overdue bills. Please cc me: j+YC@respaid.com or directly book a demo here

Try collecting $1 to yourself in 10sec: start $1 collection here

Hear from the founders

How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)

In my previous startup, unpaid invoices almost killed our company. When you're too aggressive with collections, clients are offended—they can even try to damage your reputation or claim your actions are unfair. But when you're too soft, they just ignore you. By using a respectful, AI-driven approach, you can recover 50% of debts within 20 days—even after internal collection attempts have failed.

Jobs at Respaid
Remote
$3K - $5.5K / monthly
3+ years
Respaid
Founded:2020
Batch:Summer 2023
Team Size:42
Status:
Active
Location:San Francisco
Primary Partner:Garry Tan