Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Truework Secures Funding From American Express Ventures

Funding Extends Truework’s Previously Announced $30 million Series B

Truework, the consent-based identity platform that gives consumers control over their personal and professional information, announced new funding from American Express Ventures, the strategic investment group of American Express. Amex Ventures joins Activant Capital, Sequoia Capital, Khosla Ventures and other participants in Truework’s Series B funding, announced in May 2020.

This latest funding comes as Truework continues to expand its network of lenders, employers and other customers as demand for its employment and i***** verification platform grows.

Recommended AI News: K12 Climate Action Examines Climate Change Mitigation In Schools

Related Posts
1 of 40,031

“In light of the COVID-19 pandemic, the digital transformation we’ve been seeing in lending and other consumer transactions has led to our platform growing over 5x this year,” said Ryan Sandler, CEO and co-founder of Truework. “Our API enables online lenders to verify source-of-truth i***** and employment data faster and easier than ever before, which has been critical for approving applications quickly as m************* are at industry lows and the demand for new homes and refinancing surges.”

Truework’s core product, an employment and i***** verification platform, simplifies the verification process for lenders, landlords and those seeking background checks by reducing the amount of time it takes to verify each individual. In doing so, Truework is able to keep consumer consent at the forefront while reducing the need for manual intervention. As Truework expands its reach to new verticals, more Americans can take advantage of the platform during important life events like getting a new job or buying a home.

Recommended AI News: Industrial AI Solutions Startup MakinaRocks Joins NVIDIA Inception

“The traditional methods many organizations use to verify an individual’s employment information can be time-consuming and expensive,” said Dana Eli-Lorch, managing director at Amex Ventures. “Truework’s platform simplifies the process and gives greater control to the individuals. We are excited to invest in Truework to support their future growth.”

Recommended AI News: Benefitfocus Expands Its Partnership With Transamerica To Provide Seamless Retirement Plan Enrollment

  1. Copper recovery solutions says

    Scrap Copper recycling center Scrap copper transportation Metal waste management services
    Copper cable analysis, Metal reclaiming and salvage, Scrap copper extraction

  2. Iron reclamation yard services says

    Metal scrap trading Ferrous material recycling profit Iron scrap recovery and utilization

    Ferrous material market overview, Iron and steel scrapping and reutilization, Metal scrap heap

  3. московский медицинский центр укрепления здоровья says

    современный центр медицины здорового образа жизни Москва купить медицинскую справку от врача задним числом официально медсправка задним числом купить

Leave A Reply

Your email address will not be published.