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ClearGrid emerges from stealth with $10M to transform debt collection, starting with MENA

GlobeNewswire LogoGlobeNewswire21h ago

ClearGrid emerges from stealth with $10M to transform debt collection, starting with MENA - GlobeNewswire

Quick Summary:

At ClearGrid, we’re reimagining debt resolution from the ground up, giving lenders the intelligence and tools they need to recover capital effectively while creating better outcomes for borrowers.” ClearGrid founders: Mohammad Khalili and Mohammad Al Zaben.  ClearGrid offers an AI-powered collections platform that automates every step of the recovery process - from borrower engagement to negotiations - helping lenders scale while providing a better borrower experience.

This ambitious roadmap positions ClearGrid not just as a collections solution, but as the foundation for a more transparent, efficient financial system across MENA and beyond.*List of angels: Anu Hariharan (Avra), Jason Gardner (Marqeta), Bjorn Wagner (Parity Technologies), Amjad Masad (Replit), Vinay Menda (Blank Street), Justin Kan (Twitch), Mohammed Ballout (Kitopi), Sultan Olayan, Ahmed Alenazi (Barq), Ahmed Hamdan (Unifonic), and additional founders from the US and MENA.  Ends  Notes to the editorMedia images can be found here.

Today, ClearGrid announces its launch from stealth with $10M in funding to build the first modern debt collection infrastructure for the digital age, turning what was once a liability into a competitive advantage that reinforces the financial foundation of the entire MENA region.

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Article Details

Author / Journalist: ClearGrid

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 13:00:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1325 words

Reading Time: 8 minutes read

Sentences: 59 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27191496

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 85 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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