Founded in 2016, Flow (formerly AsiaCollect) provides an AI-powered platform that automates ethical debt collection for banks and non-bank lenders. Its system engages borrowers through automatically generated SMS, interactive voice recordings, and predictive dialing while applying machine-learning models for behavior prediction and speech recognition. The company operates in Vietnam, Indonesia, and India and claims to have assisted more than 2.8 million consumers to date. Flow positions itself as a responsible partner focused on improving financial literacy and bringing international standards to the region’s NPL market. With the latest funding, the firm intends to accelerate geographic expansion and deepen its AI capabilities. Management reports rising recovery rates and consumer engagement, underscoring the efficacy of its technology-driven approach. Looking ahead, Flow is planning a Series B round that will combine equity and debt to address the post-COVID surge in NPLs.

Total raised

$11M

Funding rounds

3

Latest round

Series A

Latest activity

May 2020