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TrueAccord

TrueAccord

TrueAccord is a Lenexa, Kansas based digital debt collection company.

TrueAccord is a software platform and digital debt collection agency. It is headquartered in Lenexa, Kansas. The company was founded in 2013 by Nadav Samet, Jr., Nadav Samet, Sr., and Ohad Samet.

TrueAccord's digital platform uses behavioral analytics and machine learning to collect credit card and consumer debt. The platform uses a data to drive an automated system to contact customers which the company claims an increased rate of debt repayment payment. The platform is marketed towards enterprises, small businesses, and freelancers.

TrueAccord stores customer data in ISO 27001 certified data centers. The platform offers secure payments through PCI-DSS compliant processors.

Timeline

November 28, 2018
Financial industry veteran Sheila Monroe named Chief Operating Officer.
November 14, 2017
TrueAccord raises a $22,000,000 series B round from Arbor Ventures, Assurant Growth Investing, Caffeinated Capital, Crystal Towers, Felicis Ventures, Nyca Partners and TenOneTen Ventures.

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

News

Title
Author
Date
Publisher
Description
Omar Faridi
August 19, 2021
Crowdfund Insider
Case Study: 35% better performance on accounts placed with digital-first debt collection Fintech TrueAccord compared to traditional agencies.
Omar Faridi
July 20, 2021
Crowdfund Insider
Fintech TrueAccord says financial tech firms are "rethinking" approach to existing problems to build better solutions.
Omar Faridi
June 2, 2021
Crowdfund Insider
Fintech TrueAccord reveals that CEO Ohad Samet joins California Dept of Financial Protection and Innovation.

References

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