The founder and chief executive of $350 million-valued fintech InDebted, Josh Foreman, has stepped down from running the day-to-day business, saying he needs to focus on leading its technical teams through the disruption ushered in by artificial intelligence.
Foreman, a former software engineer, founded InDebted a decade ago as an online platform to help organisations chase debts. It has raised nearly $120 million from investors, including industry superannuation giant Australian Retirement Trust, and venture capital firms Airtree Ventures, Reinventure, Carthona Capital and Perennial.
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