Digital Repayments

The all-in-one past due consumer engagement and repayments automation platform

10 Million

Processed accounts

2 Million

Settled accounts

$1 Billion

Recovered with Paydit

4 Million

Successful payments


Richard Formoe

Co-Founder & CEO

Nick Varnitski

Co-Founder & President

Eugene Pratasenia

Co-Founder & CTO

Michael Atme

Chief Revenue Officer

Ryan Perry

EVP of Operations

Dustin Mena

VP of Growth

“We are dedicated to harnessing the power of technology to revolutionize in-house recoveries departments through innovation. Our cutting-edge technology empowers you to automate the entire consumer repayment journey.”

Richard Formoe, CEO at Paydit

Our Values & Vision

Data-Driven Digital Transformation

Working with the latest state-of-the-art AI and ML technologies, we harness the power of data to help you stay in touch with the consumer across multiple digital touchpoints, when they want, where they want, and how they want.

Consumers Deserve a Comfortable Experience

Experiencing calls can be an overwhelming, and embarrassing experience for individuals. Our mission is to provide a new level of comfort to the consumer repaying their financial obligations, all through their preferred digital channels.

Code-Based Compliance

In the dynamic world of business evolution, our platform is designed to enable you to stay ahead of both innovation and ever-changing regulatory compliance. We continually strive to develop and deliver cutting-edge technology solutions for in-house recoveries departments.

Performance Expectations

Our goal is to provide our customers with a remarkable 10x Return on Investment. This will allow you to re allocate those cost savings in other areas of your business.

Grow with us

Our Recoveries Automation Platform, tailored for in-house recoveries departments, seamlessly integrates with your core system of record. It automates the entire consumer repayment journey, relieving the burden on collections departments.