# InDebted

InDebted is an Asset Manager based in Sydney, Australia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Sydney, Australia
- **Region:** Asia Pacific
- **Address:** Sydney, Australia
- **Assets under management:** Undisclosed
- **Website:** indebted.co
- **LinkedIn:** https://www.linkedin.com/company/indebted

## Regulatory record

- **Reports private funds:** No

## About

InDebted is changing the world of consumer debt recovery for good by creating a better way for businesses to support their customers to get back on track.

## Sectors

- FinTech
- Enterprise Software
- AI/ML

## Offices

- United Kingdom
- United States
- Canada
- New Zealand
- Mexico
- United Arab Emirates

## People

- Josh Foreman — Founder & CEO
- Ellie Tahzib — Chief Operating Officer
- Pierre Bergamin — Chief Technology Officer
- Nic Chin — Chief Financial Officer
- Pierre Vercueil — Chief of Staff & Executive Director, UAE

## Questions

### Who runs investment decisions at InDebted?

InDebted is a venture-backed operating company, not an investment fund. Product, commercial, and capital-allocation decisions ultimately sit with Founder and CEO Josh Foreman, who returned to a product-focused role in early 2026. The executive team includes COO Ellie Tahzib, CTO Pierre Bergamin, and CFO Nic Chin. Strategic capital decisions, including the Series C raise and the Receive acquisition, are executed by this leadership group with board oversight from investors including Airtree and Mass Mutual Ventures.

### How does InDebted source proprietary deal flow?

The firm's revenue engine is a direct sales motion targeting digital-first lenders that originate high volumes of consumer receivables. InDebted positions its technology as a replacement for traditional collections agencies rather than a supplement. Its reference clients — Klarna, Affirm, Upstart and Velocity — function as a concentrated source of industry credibility, and the company's geographic expansion strategy has been augmented by acquisitions such as the purchase of Receive to deepen enterprise capabilities.

### Which sectors does InDebted explicitly avoid?

The company avoids traditional debt purchasing, where an agency buys charged-off receivables and profits from the spread between purchase price and collected amount. InDebted's model is purely technology and services: it does not hold consumer debt on its balance sheet. It also does not operate in jurisdictions with prohibitive digital-banking or collections regulations outside its six current regions.

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- [Avant](https://altss.com/profile/avant)
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Last updated: 2026-06-03T20:00:00.000Z

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