Trusting Social, founded in 2013 and headquartered in Singapore, is a pioneering AI fintech company focused on advancing data science and technology to drive financial access for underserved markets. The company's mission is to achieve financial inclusion in Southeast Asia and India through AI-based risk assessment and innovative products for embedded finance. Trusting Social's core offering centers on revolutionizing credit scoring using big data technology and leveraging social, web, and mobile data to enable lenders to reach billions of "financially invisible" consumers in emerging markets. With a strong focus on driving social impact, Trusting Social offers Enterprise Solutions for the lending industry and engages in Co-Lending Partnerships. The company boasts a significant presence in Vietnam, Indonesia, India, and the Philippines, having served one billion consumers in 2020. Notably, Trusting Social secured a Series C investment on 28 April 2022, with Sherpa as the lead investor. Trusting Social's commitment to innovation and its broad impact are evidenced by its collaborations with over 40 leading financial institutions. Its areas of dominance include consumer credit scoring, personal loan lead generation, eKYC, and pioneering efforts in reimagining credit cards for mass consumers. The company operates across multiple offices in Singapore, Vietnam, Indonesia, India, and the Philippines, reflecting its multinational and diverse team. In summary, Trusting Social's focus on leveraging data science and technology to drive financial access, combined with its significant traction in serving underserved consumers, positions it as a compelling player in the fintech landscape. The recent Series C investment underscores investor confidence in the company's vision and potential to continue shaping the future of financial access in emerging markets.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | Unknown | 1 | Sherpa | 28 Apr 2022 |
Debt Financing | Unknown | 1 | 29 Apr 2021 | |
Series B | Unknown | 4 | Sequoia Capital | 24 Jun 2020 |
Series A | Unknown | 2 | Sequoia Capital | 23 Jul 2019 |
Seed Round | Unknown | - | 03 Mar 2018 |
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