collections-platform
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Avtal
Avtal is an Austin-based fintech that builds an AI-powered, white-labeled digital engagement platform for third-party debt collection agencies. Combining automated email and SMS outreach with a compliant, self-serve consumer payment portal, Avtal layers onto an agency's existing phone and mail operations to lift liquidation rates by 50%-75%. The company charges only a performance-based percentage of what it collects, and raised $24 million in Seed and Series A funding led by S3 Ventures in March 2026.
Khaled Bitar
Khaled Bitar is the co-founder and CEO of Avtal, an Austin-based fintech building a white-labeled, AI-powered digital collections platform for third-party debt collection agencies. In March 2026 the company announced $24 million in combined Seed and Series A funding led by S3 Ventures. Before Avtal, Bitar co-founded and ran LeftLane Software, a subprime auto lending platform, led Supply Operations at ServiceChannel (acquired by Fortive for $1.2B), and spent four years as a consultant at Bain & Company. He holds an MBA from The Wharton School and a BBA from the University of Texas at Austin.