This post is part of our live coverage of FinovateEurope 2014.
Making their way to the stage now are the co-founders of Trustev, presenting Trustev Retail Decision.
“Trustev Retail Decision (Trustev RD) provides real-time verification of customer identities in a physical retail location where across the counter sales are occurring. A software solution that runs on tablets, the product allows in store staff to verify customer identities, without requiring customers to produce masses of paperwork. Developed initially for the Retail Telecom sector, the product has been adapted for other industries.”
Presenting Pat Phelan (CEO & Co-Founder) and Chris Kennedy (CTO & Co-Founder)
Product Launch: February 2014
Metrics: Founded in early 2013, Trustev currently employs 15 at its HQ in Cork, Ireland and recently opened a Sales Office in New York. In late 2013, Trustev announced one of Europe’s largest ever seed rounds when it raised $3.5 million from a mix of international funds – a huge achievement for a company less than a year old. In August 2013, Trustev was named Europe’s Top Technology Startup by the European Commission. The company currently processes in excess of 250,000 records every single day.
Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms
HQ: Cork, Ireland
Founded: May 2013
Website: trustev.com
Twitter: @trustev