Trustpair provides an AI-driven platform that performs automated IBAN checks, audits vendor databases, and verifies vendors' payment files to reduce wire-transfer fraud risk. The company was founded in 2017 by Baptiste Collot, Alexandre Gillier and Simon Elcham and is based in Paris. After one year of sales efforts, finance departments in more than 30 large French groups — including Air Liquide, Bolloré, Decathlon and Bpifrance — have adopted its solution. Trustpair plans to double its team over the next 12 months, hiring in R&D, sales, marketing and account management to accelerate finance departments' digital transformation. The startup intends to broaden its product offering and pursue international markets. Its current financing round strengthens its position to scale adoption among corporate finance teams.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2019