SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ -- Truework, a fintech company that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding.
- The completion of this round will support planned product development, additional hiring, and foster the company's continued growth as an efficient, secure, and user-friendly platform for income and employment verification.
- By digitizing and simplifying the income and employment verification process for banks, lenders, payroll providers, and HR departments, Truework streamlines the lending process for both lender and borrower.
- With consumer consent as a foundation, Truework verifies income for important extensions of credit, such as mortgages and auto loans.
- On a mission to empower individuals to own and control their personal data, Truework provides an API-enabled platform for income and employment verification that is more efficient, accurate and secure.