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TrueAccord was named for the 2018 CB Fintech Insights 250 Checklist of the quickest rising Fintech startups

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San Francisco, October 26, 2018 / PRNewswire / – TrueAccord (http://www.TrueAccord.com), the primary expertise platform of its variety to be reported to CB Insights' second annual checklist of Fintech 250 Rising personal firms working in modern monetary expertise. This announcement additionally offers with Gartner's "nice suppliers" in Banking.

"We’re delighted to be named on CB Insights' Fintech 250 checklist, which highlights the expansion of TrueAccord and its main place in debt transformation," he stated. Ohad Samet, government director and co-founder, TrueAccord. "This recognition underscores our dedication to the usage of expertise to assist firms in a wide range of industries, corresponding to telecommunications, finance and e-commerce, to acquire excellent invoices, to keep up constructive relationships with prospects, to assist Individuals to get higher".

Based in 2013, TrueAccord provides a data-driven digital debt restoration expertise that closes the hole between the creditor and the roughly 77 million Individuals who presently have debt in collections. The system makes use of behavioral evaluation, machine studying and a humanistic strategy, the primary time that the antiquated (and sometimes threatening) debt assortment system has been questioned in many years. Greater than 25 p.c of customers contacted by collectors. Samet constructed the TrueAccord platform with the target of interrupting the gathering of money owed with synthetic intelligence, transparency and, most significantly, empathy.

"After we named the inaugural Fintech 250 in 2017, they went on to lift $ 23B together with 30 rounds of greater than $ 100 million. Twenty-two of the Fintech 250 have already left with half by way of IPO. This 12 months, we added 113 new firms to the Fintech 250 utilizing the CB Insights Mosaic algorithm, and the group is broad, starting from insurance coverage expertise to client banking and capital markets expertise. We look ahead to the success of this 12 months's group, "stated CB Insights CEO Anand Sanwal.

For extra data, go to: www.TrueAccord.com. For extra data and an entire checklist of the CB Insights Fintech 250, go to: https://www.cbinsights.com/analysis/fintech-250-startups-most-promising/.

About TrueAccord
Created in 2013 by veterans of Silicon Valley expertise, TrueAccord is an automatic debt restoration platform that closes the hole between the creditor and people in debt. TrueAccord works with small companies to get well billions of {dollars} in versatile options. TrueAccord has developed a system that makes use of behavioral evaluation, machine studying and a humanistic strategy to assist the historic antiquated debt restoration trade. For extra data, go to: www.TrueAccord.com. Comply with TrueAccord on Twitter @ TrueAccord

About CB Insights
At CB Insights, we consider that essentially the most complicated strategic enterprise issues are finest answered with info. We’re a mechanical intelligence firm that synthesizes, analyzes and visualizes thousands and thousands of paperwork to offer our purchasers with quick and fact-based data. On the service of nearly all of Fortune 100, we give firms the ability to make higher choices, take management of their very own future and capitalize on change.

Media contacts:
Nora Miller
JCUTLER media group
[email protected]

SOURCE TrueAccord

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https://www.trueaccord.com

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