Pair Finance: Now member of BDIU

Pair Finance: Now member of BDIU

The “Bundesverband Deutscher Inkasso-Unternehmen (BDIU)” is Germany’s national association of debt collection agencies. Founded in 1956, it has 560 members and represents 90 per cent of the market participants.

A Milestone for Pair Finance

The BDIU is the biggest national debt collection association in Europe and the second biggest worldwide. Members execute more than 5 billion Euros of justified claims each year on behalf of more than half a million customers within all economic sectors. BDIU membership stands for the superb quality of services, applying higher standards than the law requires.

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Pair Finance has been approved by the BDIU board of directors and thus, became a full member of the association. BDIU CEO Kay Uwe Berg said, “As BDIU we represent 90% of the market. We are delighted to welcome Pair Finance as newest member. Competing with traditional players Pair Finance will surely strive passionately to become an essential part of the debt collection landscape in Germany.” Stephan Stricker, MD of Pair Finance adds that, “The BDIU membership will affirm Pair Finance’s reputation and trust on the market as well as with its customer base. Most importantly, the membership will gain acknowledgement for the venture in the debt collection industry.”

About Pair Finance

Pair Finance offers a digital, data-driven solution to the debt collection industry. The debt collection engine and machine learning technology is unique, as it learns from debtor behavior, offering a superior solution to the debt collection problem. It not only increases and fastens recovery rates, but also offers debtors the best customer experience possible to turn them back into valuable customers.

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Author

Dara Lazarova

Working Student Venture Development at finleap