Trigo
Trigo is a New York-based fintech company specializing in credit and lending, offering services that reduce first-party fraud and enable more loans through rent history data.
Company Overview
Trigo is a fintech company based in New York, NY, USA. Operating within the credit and lending sub-industry, Trigo leverages consumer rent history to assist landlords in tenant approval and lenders in writing more loans. Founded by experienced entrepreneurs in consumer data and finance, the company has positioned itself as a pivotal player in reducing first-party fraud by 50%.
Services
Trigo offers a range of services designed to streamline credit and lending processes. These include real-time API and web application access to consumer rent data, enabling landlords and lenders to gain insights from rent payment history and over 30 additional fields. The platform promises 75% coverage of rent data within 48 hours and facilitates 17% more loans using rent history. Subscription services begin at $18 per successful report, and Trigo provides real-time updates and extensive API customization for seamless integration.
Founders
Trigo was founded by repeat founders with significant experience in consumer data and finance. Their background has enabled the company to address crucial gaps in the credit and lending market through innovative use of rent data aggregation.
Y-Combinator Involvement
Trigo is a part of the Y Combinator W23 batch. Being part of this prestigious startup accelerator provides Trigo with access to extensive resources, mentorship, and a network of potential investors, facilitating its early-stage development.
Technological Capabilities
Trigo utilizes an advanced technological framework involving a comprehensive real-time API and web application to gather and analyze rent payment histories. The company provides extensive customization options and integration capabilities, allowing businesses to embed Trigo's data services directly into their applications. Identified as a Consumer Reporting Agency (CRA), Trigo maintains robust data quality standards and offers real-time updates to ensure accurate credit and lending decisions.