Income verification fintech raises $50 million for expansion
Income verification fintech raises $50 million for expansion
Abstract
Truework will build out hiring and product development with $50 million just raised in its Series C funding round. G Squared led the new round for the technology company, which facilitates access to borrower-permissioned information that confirms their income and employment data without necessarily going to a payroll provider to get it. Truework's platform connects consumers to 17,000 consumer lenders, including Caliber, Caliber and Citizens Bank. The company's platform is also a division of Rithm and Citizens bank. The technology is aimed at creating more data verification inroads for borrowers.. trending and other banks and lenders.
