Media Centre


In India, tech is collecting loans it helped create

Source - Moneycontrol March 28, 2023 10:46 am

Repayment collection in India is a new field of tech innovation

Source - Livemint March 28, 2023 11:15 pm

Exploring the Limitless Possibilities of OpenAI’s ChatGPT

Source - Microsoft Azure Developer Community March 29, 2023 10:00 am

In India, tech is collecting loans it helped create

Source - Moneycontrol March 28, 2023 10:46 am

Repayment collection in India is a new field of tech innovation

Source - Livemint March 28, 2023 11:15 pm

Exploring the Limitless Possibilities of OpenAI’s ChatGPT

Source - Microsoft Azure Developer Community March 29, 2023 10:00 am

Getting Rid of Linguistic Barriers for a Seamless Debt Collection Process

Source - Economic Times March 27, 2023 3:40 pm

Needless to say, collection platforms have taken giant strides to ensure a seamless flow of information to platform users and borrowers. Thanks to personalized content and user-friendly gateways, integrated and digital platforms have persuaded existing and potential customers of the platform to engage with the collection agency.

Can India’s collect-tech startups turn bad loans into good business?

Source - The Captable March 15, 2023 10:30 am

Despite credit growth reaching new heights, debt collection has remained an archaic process. While AI-led innovations by collect-tech startups promise to revolutionise the space, both banks and non-banks are loath to cede control of their collections machines.

Meet the women shaping the booming fintech sector in India

Source - Mint March 13, 2023 4:56 pm

Breaking through the glass ceiling in the male-dominated sector, women are revolutionising the financial ecosystem through the adoption of technology

Women’s Day: ‘There is need for female role models in tech-dominated fields’

Source - Mint March 8, 2023 12:51 pm

Schools and colleges must stress the importance of entrepreneurship and, most importantly, the inclusion of women in it, said Puja Srivastava – CTO and Co-Founder of spocto Solutions

“Spocto wants to help India become a $5 trillion economy by assisting in debt collection” Sumeet Srivastava, Co-founder & CEO of Spocto a Yubi company

Source - Techstory February 9, 2023 10:30 am

Sumeet Srivastava, CO-Founder & CEO of Spocto, shares with TechStory, how Spocto is changing age old norms of the debt recovery sector using new age technology such as artificial intelligence and machine learning.

Why compliance in debt collection will usher in dignity for borrowers and agents

Source - The Economic Times January 29, 2023 2:49 pm

Although the RBI guidelines seem promising, seamless debt recovery from borrowers is still a far-fetched reality for lenders. One of the major pain points of every lender is irregular payments and loan defaults by borrowers.

spocto Launches spoctoX Globally; Integrates a New Bundle of 12 Products Under One Unified Platform.

Source - ANI January 23, 2023 6:22 pm

spocto-World’s leading full-stack debt support and risk mitigation platform, today announced the launch of spoctoX-a unified full stack debt support and risk mitigation platform that understands customers.

World’s first ‘collect-tech’ venture spocto scripts aggressive MENA expansion amid global recession talks

Source - Arabian Business January 31, 2023

The venture, which has its regional headquarter in Dubai, is eyeing a $100 million revenue target from the Middle East region in the next few years.

The US$7B debt-collection market pits startups’ tech against lenders’ door-to-door approach

Source - The Ken January 17, 2023

The RBI regulations and the covid-induced lockdown helped collection-tech startups gain ground. But lenders feel it won’t be easy to replace good old legwork.

Movius To Partner With spocto’s Debt Support and Risk Mitigation Platform

Source - BW Distrupt December 12, 2022

Movius, cloud-based secure mobile communications, announces that its conversational artificial intelligence (Conversational AI) platform, Curie, will partner with spocto’s debt resolution and risk mitigation platform in India and the MENA region.

Adda 24/7 – spocto Introduces India’s First Debt Collection Innovation Lab

Source - Adda 24/7 December 5, 2022

The world’s leading full-stack debt support and risk mitigation platform has inaugurated India’s first Innovation Lab (SIL) dedicated to the debt collection segment of banking industries in India and the Middle East.

CXO Today – spocto launches India’s First Innovation Lab focusing on the Debt Collection ecosystem

Source - CXO Today December 5, 2022 2:19 pm

spocto Innovation labs aim to develop a start-up ecosystem touching close to 10,000+ enterprises to co-create, prototype and implement ideas within fintech and collections space

IBS Intelligence – spocto launches Innovation Lab focusing on debt collection ecosystem

Source - IBS Intelligence December 5, 2022

spocto, a full-stack debt support and risk mitigation platform has launched India’s first Innovation Lab (SIL) catering to the debt collection segment of banking industries across India and MENA.


The Times of India – Hyper-personalisation is the key to transforming the debt recovery ecosystem

Source - The Times of India November 29, 2022 4:11 pm

Systematic lending, borrowing, and debt recovery have been a part of the Indian financial system for centuries. From a stringent debt system under the reign of Mauryas to a modern-day regulated banking system, we have come a long way.


Entrepreneur India – The Recap: Tech Innovation Awards 2022

Source - Entrepreneur India November 16, 2022

The event, sponsored by du and is organized in association with in5, Fluidmeet, Kapturise, and Tech Venue AI and Tech Hub, recognized individuals and enterprises that have been making waves in the region’s tech industry.


Zawya – Leading global risk mitigation platform spocto establishes presence in MENA

Source - Zawya October 5, 2022

spocto, a Yubi company, has launched in the Middle East and North Africa (MENA) with regional headquarters located in Dubai International Financial Centre (DIFC). As a leading risk mitigation platform, spocto is establishing a foothold in the region, with the UAE serving as a springboard for its global ambitions.

Khaleej Times – India’s fintech unicorn Yubi makes UAE debut with spocto

Source - Khaleej Times October 5, 2022 8:09 pm

For spocto, a pioneer in AI-enabled recovery infrastructure, the UAE debut will provide a strategic springboard to expand its operations globally as part of the India-UAE Start-Up Corridor. The initiative was launched in May 2022 by the DIFC and FICCI Leads, a business incubator of FICCI grow the startup ecosystem of India and the UAE.


Gulf News – Indian fintech spocto wants to make it easier for UAE banks to lend

Source - Gulf News October 5, 2022 11:17 am

An Indian fintech that specialises in credit risk mitigation is ready to help you and the bank meet at the halfway point. “If you look at platforms such as BNPLs, which are mostly small loans, the average loan period in the UAE is about 90 days,” said Sumeet Srivastava, founder and CEO of spocto. “However, for large loans such as to a small business, personal loans, mortgages and credit cards, product-specific adjustments are required.

Analytics Steps – In conversation with Mr. Sumeet Srivastava, Founder and CEO of spocto Solutions

Source - Analytics Steps November 9, 2021

A new emerging method of debt management with the assistance of digital collections can be understood as the utilization of modern technology like Artificial Intelligence and Machine Learning for the creation of effective customer communication channels.


Krishi Jagran – spocto’s Kisan Pay BOT reduces farm loan NPAs and eases collections

Source - Krishi Jagran November 11, 2021 9:21 am

spocto Solutions Pvt Ltd, a collectech start-up & 1st to introduce contactless collections for banks and NBFCs in India covering all kinds of loans, enters the agricultural sector with its Kisan Pay BOT, a one-stop solution for the banks and farmers, where banks do not have to worry about farmer loan payment under Kisan Credit Cards.