2 months ago

Income Verification Platform Truework Raises $50 Million

Cheddar News
Cheddar News
Income and employment verification platform Truework recently raised $50 million dollars in a Series C round led by G Squared. Truework says mortgage, auto, and consumer lenders can use its platform to verify borrowers' income and employment in seconds, and that its technology can facilitate the verification process in a cheaper, more efficient, accurate, and secure way than other options on the market. The company expects to service more than 12 million income and employment requests in 2022, from more than 20,000 small businesses and 100 enterprises. Ryan Sandler, co-founder and CEO of Truework, joined Cheddar News' Closing Bell to discuss.