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truID

truID

Private
JohannesburgFinTechhttps://www.truid.co.za/

Last Round

Seed

Jun 10, 2020

Company Overview

truID is a financial software company that has developed an open banking platform for secure financial data sharing and identity verification.

Sector

FinTech

Verticals

Financial Data, Lending & Credit, Digital Identity, Credit Scoring, Compliance & Risk

Business Model

B2B2C

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

Open FinanceOpen Bankingfinancial data APIincome verificationSouth African fintechaffordability assessmentbank data accessexpenditure categorizationB2B2Ccredit decisioningaccount aggregationbank statement collectionbank scrapingusage-based billingcredit scoring

Historical Pricing

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Caplight Momentum Score

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truID Comparables

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truID comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Stitch
77%
Pngme
73%
Salt Edge
70%

truID Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJun 10, 2020

Key People

Founding team and executive leadership

Paris V.

CEO And Co-founder

Founding Team

truID Investors

Notable investors and investment history

truID investors
InvestorRounds
Crossfin VenturesSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 10, 2020

    Led by Crossfin Ventures

truID Filings

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truID filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about truID's valuation, stock price, and market status.

Is truID a public or private company?

truID is a private company.

What is the current stock price of truID?

truID is a private company with no public stock price. No recent secondary market data is available.

How much is truID worth (valuation)?

Valuation information for truID is not publicly available.

Can I buy truID stock?

truID shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was truID's last funding round?

truID's most recent funding round was Seed on June 10, 2020.

Who are the main investors in truID?

Key investors in truID include Crossfin Ventures.

Will truID IPO soon?

No public IPO plans have been announced for truID.

How can I track truID secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor truID's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersJohannesburg
Employee Range6
Year Founded2015
Last FundingJun 10, 2020

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