InDebted (formerly Receeve)

InDebted, formerly known as Receeve, is an AI-powered debt collection and recovery platform that modernizes collections processes for financial institutions and regulated industries. Founded in 2019 in Hamburg, Germany, the company became an independently operating subsidiary of InDebted after its acquisition in December 2024. It focuses on first-party collections software and aims to provide a contemporary alternative to traditional debt collection methods.

The platform offers a customizable collections decisioning system that automates processes and personalizes customer interactions. Key features include AI decisioning and analytics for real-time strategy adaptation, digital-first engagement through various communication channels, and compliance with industry standards. InDebted serves high-volume sectors such as financial services, telecommunications, utilities, and government, ensuring efficient and compliant collections. The company collaborates with partners like Klarna, Snap Finance, and Trustly to enhance customer experiences.