Historically, consumer financial data has been difficult to access due to data silos. Truv’s platform solves this problem by providing financial organizations access to every open finance data source available (payroll, banks, insurance).

The financial system is largely controlled by credit scores, which create financial inequality by being an inaccurate determination of someone’s ability to repay a loan. Lenders attempt to combat this by collecting income and employment data to augment a traditional credit score. This is a massive market across employment & income verification (according to Morgan Stanley research, the U.S. alone represents an $11B market/yr), loan applications and services and identity management with adjacent companies representing over $100B in market cap value.

Truv is on the mission to put data back in the hands of consumers. We believe that open finance data is a direct path to financial freedom and equality. By enabling applicants to connect directly to their payroll account, Truv provides verified identity, income, and employment data points within 60 seconds.

Today Truv Integrates with 50+ payroll providers, has 9,200 direct integrations with employers (10X industry average), and is on track to serve a few million consumers for income and employment verification in 2023.