Truora
Truora provides background checks and fraud prevention services in Latin America, operating in six countries and serving major marketplaces and financial institutions.
Company Overview
Truora is a B2B company based in Cali, Valle del Cauca, Colombia, and operates across Latin America. Founded as part of Y Combinator's W19 batch, Truora specializes in providing safe and reliable background checks and fraud prevention services. The company is in the growth stage of its development and serves a wide range of clients including FinTech startups, large financial institutions, and HR firms. Truora has a team size of 80 individuals with tech teams based in Colombia, and it operates in six countries: Mexico, Colombia, Peru, Costa Rica, Brazil, and Chile.
Services Provided by Truora
Truora offers a range of comprehensive services predominantly aimed at enhancing security and operational efficiency for businesses. These services include background check verifications and continuous identity verification. The company also provides digital identity solutions, OCR technologies for document authentication, KYC solutions, and biometric validations. Truora's offerings are designed to help mitigate risk, prevent fraud, and streamline onboarding processes for their clients, which include top marketplaces in Latin America like Didi, Rappi, and Liftit.
Operating Regions and Offices
Truora has a strong presence in Latin America, operating in six key countries: Mexico, Colombia, Peru, Costa Rica, Brazil, and Chile. It also maintains flexibility with remote and partly remote service offerings, catering to clients across various regions such as Colombia and other Latin American countries. The company has offices located across Latin America, ensuring local expertise and support for its clientele. Truora's tech teams are primarily based in Colombia, maintaining the company's competitive edge in technological advancements.
Key Clients in Latin America
Truora serves some of the leading marketplaces and institutions in Latin America. Notable clients include Didi, Rappi, and Liftit. These top marketplaces leverage Truora's services for thorough background checks and fraud prevention measures to ensure the safety and reliability of their operations. Additionally, Truora caters to a wide range of FinTech startups, large financial institutions, and human resources firms, providing them with essential tools for identity verification and fraud prevention.
Technology and Solutions
Truora leverages advanced technology to provide its suite of services. Core features of their software include background check verifications, continuous identity verification, and digital identity solutions. The company utilizes OCR technologies for accurate document authentication, coupled with robust KYC solutions and biometric validations. These technological solutions are aimed at ensuring high levels of security, reducing fraud, and automating verification processes for businesses across various sectors in Latin America.