FinovateEurope 2020 / Trulioo
Presenter Profile:
How they describe themselves: Trulioo helps organizations instantly verify 5 billon people and 330 million businesses through a single API. Hundreds of businesses around the world use Trulioo to digitally verify customers, increase trust and safety, meet AML/KYC compliance requirements and mitigate fraud risks. Identity verification is mission-critical to participate in today’s digital, borderless economy. It’s particularly pertinent for people without access to traditional identity documentation (the underbanked) who face countless barriers when attempting life’s most basic tasks.
How they describe their product/innovation: GlobalGateway Business Verification gives regulated entities certainty about their business customers and confidence that they are meeting Customer Due Diligence (CDD) requirements. This AI-powered solution automates the entire Know Your Business (KYB) workflow, retrieving company vitals from government registrars in over 80 countries and non-government sources in over 195 countries. Companies can instantly verify business entity information, perform watchlist checks, and identify and verify the beneficial owners of the businesses.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts
Bus. Dev.: Brett Gillespie, Sales Development Manager, sales@trulioo.com
Press: Kim Hong, SVP of Marketing, kim@trulioo.com
Website: trulioo.com
LinkedIn: linkedin.com/company/trulioo
Twitter: @trulioo
Presenter: Baraa Safaa, Project Manager | Bond Lai, Marketing Project Manager
HQ: Vancouver, BC, Canada
Founded: October 2011
Product Demoed: Global Gateway Business Verification
Metrics: Trulioo has raised CAD $96.6M in total funding and currently serves hundreds of customers worldwide. We have over 150 employees located in our Vancouver, San Francisco and Dublin offices.
- Key Executives
Stephen Ufford (CEO & Co-Founder), Zac Cohen (COO), Ann Lawlor (CFO), Rob Hartley (SVP Product), Anatoly Kvitnitsky (VP Growth), Kim Hong (SVP Marketing), Rhett Shoemaker (VP Technology)
Key Stats
- Key Board Members
Tanis Jorge (Director & Co-Founder, Trulioo), David Blumberg (Blumberg Capital), Andrew Lugsdin (the IT Fund & BDC Venture Capital), Dan Levine (Tenfore Holdings)
- Key Investors
Goldman Sachs, American Express Ventures, Citi Ventures, Santander InnoVentures, Blumberg Capital, BDC Capital, Tenfore Holdings
- Key Partnerships
Refinitiv, AMEX, Experian, Mitek, Acuant, ID Mission, CRIF, TransUnion, TeleSign, Enstream, O2 (Telefonica), Vodafone, Equifax, Dun & Bradstreet, CreditInfo
- Key Customers
We are a trusted identity verification provider to some of the world’s top financial institutions, payments providers and online marketplaces, including Fortune 500 companies.