John Banner
Founder/CEOMy prior startup's downfall was due to unpaid invoices. With no viable market solution and seeing that 1/4 of businesses faced bankruptcy for similar reasons, I founded Respaid, using AI and respect to address the issue. Beyond entrepreneurship, I'm a commander in the French Republican Guard, a pianist, composer, and passionate about fintech meeting psychology. An engineer by training, I graduated from Harvard Business School and Ecole Centrale Electronique. Also, I'm a proud dad of 4 under 5 🙂
Origins
My grandfather ran a furniture store in France. He extended credit himself, on trust. When customers didn't pay, he knocked on their doors on Sundays. One day, a customer pulled a knife on him.
I grew up hearing that story. Then I started a business and ran into the same wall: customers who don't pay. The impossible choice: push too hard, they turn on you; push too soft, they ignore you.
That was collections before software. The problem is still the same.
Every B2B invoice is a loan. Every company extends credit. But when customers pay late, they still hand the problem to legacy collections agencies that recover \~20% in 4-6 months and damage the brand on the way out.
I built AgentCollect because no one should knock on doors anymore. AI agents call, email, and negotiate 24/7 under our customer's brand. We recover \~49% in 20 days. Live with Dell, Microsoft, FedEx, Plaid, and Checkr.
