FactorTrust

Empowering lenders with unique alternative credit insights for underbanked consumers, delivering accurate predictions and valuable data for over a decade.

General Information
Company Name
FactorTrust
Founded Year
2005
Location (Offices)
Founders / Decision Makers
Number of Employees
-
Industries
Finance, Financial Services
Funding Stage
Private Equity
Social Media

FactorTrust - Company Profile

FactorTrust is an alternative credit bureau that aims to empower lenders with unique insights into the credit lifecycle of underbanked consumers. Through exclusive alternative credit information, unavailable from the Big Three bureaus, FactorTrust enables lenders to make more informed decisions when extending credit to non-prime consumers. The company, founded in 2005, leverages its team of experts in predictive analytics, statistics, and the financial industry to provide valuable data and insights to lenders in the U.S. and the U.K. In November 2015, FactorTrust received a significant $42.00M investment in a Private Equity Round led by ABS Capital and MissionOG. This investment reflects the recognition and support from industry players for FactorTrust's mission of delivering accurate predictions and valuable data for underbanked consumers. As the company continues to make strides in the finance and financial services industries, this investment is poised to fuel its growth and innovation in the evolving credit landscape. With its focus on providing essential credit insights and enabling better risk assessments for non-prime consumers, FactorTrust stands at the forefront of addressing the needs of an expanding demographic. As it continues to enhance the credit industry's understanding of underbanked consumers, FactorTrust's unique positioning and strong investor backing position it for continued success in the years ahead.

Taxonomy: Alternative Credit Bureau, Underbanked Consumers, Credit Lifecycle Management, Predictive Analytics, Credit Data, Risk Assessment, Non-prime Consumers, Credit Information, Lending Industry, Statistical Analysis, Credit Risk Management, Consumer Credit, Financial Inclusion

Funding Rounds & Investors of FactorTrust (1)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round $42.00M 2 03 Nov 2015

Latest News of FactorTrust

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No recent news or press coverage available for FactorTrust.

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