Paydit is the online debt collection platform of tomorrow. Leveraging AI and ML, it empowers consumers with a self-serving, digital debt negotiation experience that is available 24/7. Paydit’s technology acts as a “Virtual Agent” enhancing collections’ capacity.

Advisory Board

Meet our Strategic Advisory Board

Michael Bennett

Chief Executive Officer, Buddy’s Home Furnishings


Boomer Muth

President & Co-Founder at Koalafi

“The unmatched experience of this group leaves Paydit incredibly well-positioned to execute on our mission of reinventing debt collection by harnessing the power of modern technology.”


Richard Formoe, Paydit Co-Founder & Chief Executive Officer

Strategic Partnerships

Case study

Struggling with high debt recovery costs due to the legacy software and redundant processes, Hunter Warfield, an established debt collector in the U.S., contacted Paydit to solve these issues.

Press releases

Explore current press releases, publications, and blogs that educate others about our product and our thoughts on making an impact on the automation of the entire debt negotiation process.

Investor Relations

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