FactorTrust operates an alternative credit bureau that leverages proprietary data and predictive analytics to help lenders assess credit risk for non-prime and underbanked consumers. Its core product is a rich dataset and technology platform built on more than 200 million loan transaction records and predictive scoring not available from the major bureaus. The company is adding over 350,000 new unique consumers per month to its database and reports revenues have more than doubled year-over-year. FactorTrust sells data and analytics primarily to short-term and installment lenders, and also serves lenders in the U.S. and the U.K. Management says the company intends to broaden the industries it serves beyond short-term and installment lenders, expand beyond underwriting data services, and may accelerate growth via acquisitions. The company is headquartered in Atlanta and was founded nine years ago.

Total raised

$42M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2015