Fimble (Techstars ‘24)’s Post

Payment collections on autopilot, made easy with Fimble (Techstars ‘24)! 🚀 ✨ What is Fimble? Fimble is a utility-based AI agent that acts as a credit controller that builds a relationship with the payer and extracts timely payments. It sends reminders, chases unpaid invoices and deals with customers being difficult. It automates one of the most time-consuming and emotionally taxing aspects of doing business. With Fimble business owners can focus on growth without the stress of chasing outstanding invoices. ✨ What problem are they solving? Late payments are driving thousands of businesses, especially SMEs, toward insolvency. This problem impacts not only individual companies but entire economies, with SMEs representing the backbone of employment and business activity. Whether in the UK, where 50,000 businesses face insolvency annually, or the US, where mid-sized businesses spend an average of 14 hours per week chasing overdue payments, the issue of late payments had become more severe since 2021. Fimble is finding a solution to this problem by automating payment collections through conversational AI, helping businesses get paid faster and freeing them from the burden of chasing overdue invoices. ✨ Meet the Team: Co-founder, Tomasz Krzewina Co-founder, Tomasz Kłudka ✨ Fun fact about the Fimble team? When they are not working on Fimble, they shoot at each other in a competitive virtual reality gaming competition - Dash League. ✨ Why did they join Techstars? Tomasz’s both have impressive CVs, graduated from best universities in the world and worked in some of the most professionally and intellectually demanding environments. That being said, they are first-time founders and lack the relevant know-how and network to quickly scale a VC funded business. To learn more, visit their website: www.fimble.co.uk Curious about other startups in the 2024 cohort? Stay tuned! #givefirst #techstars #abnamro #FutureofFinance #netherlandsfintech