Our founders, Stephen Ufford and Tanis Jorge, have over a decade of experience working in data-driven businesses. The duo garnered an intimate understanding of the data industry and recognized the limitations of the current identity verification system and the massive possibilities for the future. After successfully launching and exiting three startups together, they wanted their fourth company to be meaningful and impactful at a global scale.
Their “aha” moment occurred after watching a CNN segment about a woman from India who wept after seeing her Facebook profile for the very first time. It was right then and there that Stephen and Tanis realized the profound impact a digital identity had on people, especially in developing countries where most citizens don’t have a record of their existence.
With a digital footprint, they no longer had to be invisible; they could participate.
Globally, there are an estimated 220 million children whose birth is not recorded, excluding China, where figures are unknown. More than 2 billion people in this world are unbanked and unable to access financial services, primarily due to a lack of traditional identity documentation. After witnessing the tremendous emotional reaction and sense of belonging experienced from the woman from India – resulting from creation of a digital profile (footprint), Stephen and Tanis knew their next business venture together would make a profound difference in this world, hence the launch of Trulioo.
Trulioo’s disruptive technology encapsulates the strengths of traditional ID verification and implements the latest capabilities in online tech today. Trulioo has developed a global ID verification solution that is not constrained by geography, economic status, age or gender, and available to any business or organization around the world at a low cost and frictionless manner – all with consumer privacy at the forefront.
Trulioo is a leading global identity and business verification company that provides secure access to traditional and alternative data sources worldwide to instantly verify consumers and businesses online. Clients have access to over 400 trusted data sources, including credit files, mobile network operators, public records, government data, business registers, mobile applications, consumer marketing, and digital data.
Trulioo’s instant electronic identity verification service, GlobalGateway, was created specifically to help businesses comply with cross-border Anti-Money Laundering (AML) and Know Your Customer (KYC) rules and has since evolved to support a diverse range of international electronic identity verification requirements (eIDV). With the ability to verify 4.5 billion people and 250 million
companies in over 100 countries, Trulioo offers the most robust and comprehensive identity and business intelligence data from over 400 trusted sources globally. Our technology allows for seamless integration of identity information into existing systems that perform frictionless, on-demand ID verification at a competitive price.
Trulioo enables increased trust and safety online by powering fraud prevention and compliance systems for hundreds of clients including payment providers, eCommerce merchants, financial services providers, online gaming, and online marketplaces.
Trulioo partners with other world-class organizations to deliver best-in-class solutions for our products and services.
Solving a big problem and disrupting an industry requires the ability to see beyond the obstacles and challenges and focus on what could be. Teaming up with those who believe in our vision and our ability to make it come to fruition is paramount to making our vision a success.
We at Trulioo would not be able to forge ahead without the encouragement and financial backing of our investors. We are honored and proud to have the support of the following venture capital firms: