Murphy Raises €12.8M for AI-Powered Debt Servicing

Barcelona-based European startup Murphy secured €12.8 million in combined pre-Seed and Seed funding. Northzone led the round for the Murphy AI debt servicing platform, which transforms debt servicing.

Murphy, founded in 2024 by Borja Sole and Marc Sanchez, replaces traditional call center operations with fully autonomous agents. This AI-powered debt servicing solution operates across over 100 languages and multiple channels. The platform addresses the historically slow and fragmented debt servicing industry.

Accelerating AI-Driven Debt Recovery

The platform reportedly achieves 40% higher recovery rates compared to traditional methods. Furthermore, it delivers a 75% reduction in time spent on collections. Murphy provides users detailed performance insights through comprehensive dashboards.

Murphy currently manages hundreds of millions of dollars in debt. This demonstrates superior recovery rates and drastically reduces operational costs.

The company aims to unlock significant value for Debt Collection Agencies (DCAs) and enterprises struggling with non-performing loans. Unlike traditional debt collection agencies relying on costly call centers, Murphy AI debt servicing leverages state-of-the-art AI voice agents and omnichannel outreach. This approach offers a scalable, multilingual solution.

Murphy plans to use the new funding to scale its product and expand its technical teams. Additionally, the investment supports rapid international expansion across Europe and the United States.