May 26

Trébol Secures $3 Million to Help Banks and Lenders in Latin America Automate the Verification Process for Businesses

Trébol, a startup that seamlessly automates business identity verification and underwriting decisions, has secured $3 million in seed funding to help modernize how companies in Latin America are onboarded. Trébol’s infrastructure is revamping how banks, lenders, and compliance officers onboard their business customers by automating traditional pen-and-paper processes. With Trebol’s technology, banks and lenders can quickly access must-have data from reliable sources such as formation documents, tax records, proof of address, and more to onboard a business safely.

Photo courtesy of Hello Lightbulb.

Source: Fintech Finance News (link opens in a new window)

Finance, Technology
data, lending