Quid
Quid offers AI-powered agents that streamline payment operations by handling accounts receivable, accounts payable, and complex payment workflows autonomously. Their solution significantly reduces operational costs by 90%, saves teams over 25 hours weekly, and decreases payment delays by 75%. With features like real-time payment tracking, automated follow-ups, and intelligent handling of chargebacks, Quid positions itself as a leader in payment automation, making financial processes more efficient and cost-effective for businesses.
Quid
Quid offers AI-powered agents that streamline payment operations by handling accounts receivable, accounts payable, and complex payment workflows autonomously. Their solution significantly reduces operational costs by 90%, saves teams over 25 hours weekly, and decreases payment delays by 75%. With features like real-time payment tracking, automated follow-ups, and intelligent handling of chargebacks, Quid positions itself as a leader in payment automation, making financial processes more efficient and cost-effective for businesses.
TL;DR
Product: AI-powered agents for accounts receivable, accounts payable, and complex payment workflows
Founded: 2024
Location: Berlin, Germany
Team size: 4 employees
Funding stage: Pre-Seed (Dec 2024)
Company Overview
Problem Domain
Finance and accounting automation for businesses, with initial focus on Germany.
Founded
2024
Industry
Financial services; Artificial intelligence (AI)
Funding Track Record
Round dated December 2024 per Crunchbase listing