Trust IQ Pte.
Latest round
- Series B
Last raised
- Jun 2020
Total raised
- $28M
Investors
- 5
About Trust IQ Pte.
Based in Singapore, Trust IQ Pte. Ltd.Trust IQ Pte. Ltd. was founded in 2013 and operates out of Singapore. The founders include Nguyen Nguyen, Pniel Cohen, and Tuyen Huynh, and the current CEO is Johnny Escaler.Trusting Social offers a comprehensive suite of AI-powered products focused on enhancing credit risk assessment, identity verification, and customer acquisition in the lending industry. The primary offerings include Trust Scores, which utilize big data and AI algorithms to generate alternative credit scores and fraud scores, enabling financial institutions to make informed lending decisions. Additionally, the Trust Vision solution facilitates digital onboarding of customers by employing advanced facial recognition and AI-based fraud detection, ensuring secure transactions. These services target underserved segments within Asia, specifically in countries such as India, Indonesia, and Vietnam, where Trusting Social has established partnerships with over 130 financial institutions.41 mn. The company primarily earns revenue through partnerships with financial institutions that utilize its suite of technology solutions. Trusting Social supports more than a million borrowers monthly, contributing to approximately USD 800 mn in personal loans facilitated via its Smart Credit Acquisition strategy. Revenue is derived through licensing agreements or service subscriptions, where partners integrate Trusting Social’s proprietary systems into their operations. Trust IQ Pte. Ltd. plans to expand its product offerings and enhance its technology to better serve its clients in the lending sector. Additionally, the company is focusing on expanding its market presence in Asia, particularly in regions with a high percentage of underbanked populations. Specific targets for expansion include India, Indonesia, and Vietnam, with ongoing developments expected to be rolled out in the next few years.
Who invested in Trust IQ Pte.
5 investors across 5 rounds
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Questions about Trust IQ Pte.
Who invested in Trust IQ Pte.?
Trust IQ Pte. has 5 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Trust IQ Pte. raised?
Trust IQ Pte. has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Trust IQ Pte. last raise money?
Trust IQ Pte.'s most recent round on record is a Series B, in Jun 2020.
What does Trust IQ Pte. do?
Based in Singapore, Trust IQ Pte.
Where is Trust IQ Pte. headquartered?
Trust IQ Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like Trust IQ Pte.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back information services companies at Trust IQ Pte.'s stage. Their profiles are linked below.
VCs backing information services startups at Series B
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