With Equifax in its sights, TransUnion invests $24M in income verification platform Truework

With Equifax in its sights, TransUnion invests $24M in income verification platform Truework

a year ago
Anonymous $KxGqLmj_R3

https://techcrunch.com/2023/06/14/with-equifax-in-its-sights-transunion-invests-24m-in-income-verification-platform-truework/

Truework, an income and employment verification platform used by banks, lenders, property managers and employers, today announced a strategic partnership and $24 million in equity funding from consumer credit reporting giant TransUnion.

Founded in 2017, San Francisco-based Truework integrates with third-party services, such as payroll providers, to help mortgage providers and similar lenders verify users and approve loans directly from within their own applications. It can also be used by landlords or would-be employers to carry out background checks.