About Trusting Social
Trusting Social is a company based in Singapore (Singapore) founded in 2013 by Tuyen Huynh and Nguyen Nguyen. It operates as a AI-as-a-Service, B2B2C, and FinTech. Trusting Social has raised $84 million across 4 funding rounds from investors including Masan Group, Peak XV Partners and Sherpa Pullover Company. The company has 13 employees as of April 03, 2024. Trusting Social offers products and services including Trust Scores, Trust Vision, and Smart Customer Acquisition. Trusting Social operates in a competitive market with competitors including Experian, TransUnion, Equifax, LeaseAccelerator and Nova Credit, among others.
- Headquarter Singapore, Singapore
- Employees 13 as on 03 Apr, 2024
- Founders Tuyen Huynh, Nguyen Nguyen
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Trust Iq Pte. Ltd.
- Date of Incorporation 29 Jun, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.9 M (USD)66.11as on Mar 31, 2022
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Net Profit
$8.94 K (USD)-75.44as on Mar 31, 2022
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EBITDA
$256.03 K (USD)47.29as on Mar 31, 2022
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Total Equity Funding
$84 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Masan Group
& 5 more
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Employee Count
13
as on Apr 03, 2024
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Products & Services of Trusting Social
Trusting Social offers a comprehensive portfolio of products and services, including Trust Scores, Trust Vision, and Smart Customer Acquisition.
AI-driven credit and fraud scores are provided for decisions.
Digital onboarding with fraud detection is enabled through AI.
Creditworthy borrowers are targeted for seamless digital lending.
Funding Insights of Trusting Social
Trusting Social has successfully raised a total of $84M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series C - Trusting Social | Valuation | Masan Group | |
| Apr, 2022 | Amount | Series C - Trusting Social | Valuation | The Sherpa Company |
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| Jun, 2020 | Amount | Series B - Trusting Social | Valuation |
investors |
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Investors in Trusting Social
Trusting Social has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Masan Group, Peak XV Partners and Sherpa Pullover Company.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location |
Investments & Acquisitions by Trusting Social
Financial Statements - Trusting Social
Trusting Social Comparisons
Competitors of Trusting Social
Trusting Social operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Experian, TransUnion, Equifax, LeaseAccelerator and Nova Credit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Experian is recognized as a leader in credit reporting and financial services.
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| domain | founded_year | HQ Location |
Provider of credit scoring data for consumers and businesses
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| domain | founded_year | HQ Location |
Credit score data is provided online for businesses and individuals.
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| domain | founded_year | HQ Location |
Cloud-based lease accounting and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Nova Credit is focused on consumer credit data solutions.
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| domain | founded_year | HQ Location |
Loan lifecycle management software is developed for financial institutions.
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Frequently Asked Questions about Trusting Social
Trusting Social was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Trusting Social is headquartered in Singapore, Singapore.
Nguyen Nguyen is the current CEO of Trusting Social. They have also founded this company.
Trusting Social is a funded company, having raised a total of $84M across 4 funding rounds to date. The company's 1st funding round was a Series B of $19M, raised on Jul 23, 2019.
As of Apr 03, 2024, the latest employee count at Trusting Social is 13.
Annual revenue of Trusting Social is $1.9M as on Mar 31, 2022.
AI and big data solutions are delivered by Trusting Social to enhance financial access for underbanked populations. Services are focused on credit risk assessment, fraud detection, and customer acquisition for the lending industry. Operations target over 3 billion underserved consumers across Asia. Advanced technologies like facial recognition and alternative data scoring are utilized to enable secure digital transactions and onboarding. The company is trusted by over 130 financial institutions in markets such as India, Indonesia, and Vietnam.
Trusting Social's top competitors include Experian, TransUnion and Equifax.
Trusting Social offers Trust Scores, Trust Vision, and Smart Customer Acquisition.
Trusting Social has 6 investors. Key investors include Masan Group, Peak XV Partners, Sherpa Pullover Company, The Sherpa Company, and 500 Global.