Deputy General Counsel
TruvSalary not specified
- Full Time
- Expert & Leadership (9+ years)
About Truv
Truv provides a platform that allows financial organizations to access consumer-permissioned data, which includes income and employment verification, direct deposit switching, and employment history verification. The platform works by integrating various data sources, enabling organizations to make informed decisions while reducing risks and costs associated with customer acquisition and verification processes. What sets Truv apart from its competitors is its comprehensive access to all consumer-permissioned financial data sources, which allows for quicker launches and a more efficient workflow. The goal of Truv is to empower financial organizations to operate more confidently and effectively by providing high-quality data and tools that drive growth.
New York City, New YorkHeadquarters
2020Year Founded
$27.7MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Remote Work Options
Paid Vacation
Professional Development Budget
Stock Options
401(k) Retirement Plan
Unlimited Paid Time Off
Risks
Increased competition from Plaid and Finicity threatens Truv's market share.
Data privacy concerns could arise due to handling sensitive financial information.
Economic downturns may reduce demand for mortgage-related verification services.
Differentiation
Truv offers unmatched coverage with access to every consumer-permissioned financial data source.
Truv's platform integrates seamlessly with leading mortgage POS systems like Lodasoft and BeSmartee.
Truv provides a rich developer experience, enabling quick launches for financial organizations.
Upsides
Truv's partnerships streamline mortgage processes, reducing costs by 60-80% for lenders.
The platform supports 95% of the U.S. workforce, enhancing verification accuracy and speed.
Truv's integration with Fannie Mae's DU service offers lenders Day 1 Certainty.
Funding
Total raised$27.72 M
Latest valuation$125.00 M
StageSERIES_A
SERIES A
2/28/2022$25
$125.00 M