Ohad Samet

Co-founder & CEO, TrueML · 1 appearance on the record.

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Ohad Samet is a fintech entrepreneur who co-founded TrueAccord and its parent entity TrueML, a digital debt collection platform. He previously co-founded Analyzd, served as Chief Risk Officer at Klarna, and worked in risk analytics at PayPal and FraudSciences.

10statements → 4claims → 0claims resolved → 3.9/5average certainty → 1.3/5average debate potential →

4 not checkable as stated how the 4 claims stand · each chip opens the sources

4 assertions · 6 disclosures · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 0 are resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

What they said10 Episodes1

Everything Ohad Samet said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated

TrueAccord claims an NPS of 60 in debt collection

“We have a net promoter score of 60.”

Ohad Samet Sep 17, 2019 ▶ 1:31 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

TrueAccord Does Not Sue Debtors or Report to Credit Bureaus

“You know, we don't sue people. We don't report to credit bureaus.”

Ohad Samet Sep 17, 2019 ▶ 7:12 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

TrueAccord charges a 25% to 30% cut on recovered debt

“It's about 25 to 30%. Depends on the age of the debt and kind of complexity and so on.”

Ohad Samet Sep 17, 2019 ▶ 12:57 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

Samet: Upwork and Yelp use TrueAccord for debt collection

“We're being used by, we have Upwork that's doing services. They use us. We have Yelp.”

Ohad Samet Sep 17, 2019 ▶ 2:58 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

TrueAccord charges flat monthly fees or a percentage of recovered debt

“With very small companies, we have a little bit of a monthly fee, but once you get to a certain size, it's mostly percentage of recoveries, yeah.”

Ohad Samet Sep 17, 2019 ▶ 9:24 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

TrueAccord has raised almost $40 million in total capital

“Almost forty million dollars.”

Ohad Samet Sep 17, 2019 ▶ 11:59 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Assertion Not checkable as stated

TrueAccord Crosses $75 Million in Total Recovered Debt Since 2014

“We are, we just crossed about seventy five million dollars in recovered money.”

Ohad Samet Sep 17, 2019 ▶ 15:34 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Assertion Not checkable as stated

TrueAccord Estimates $40 Million in Debt Recovered Over Past 12 Months

“I don't remember the number. I think it's about forty million. I mean, we're just, you know, we're accelerating, so obviously the majority of it is in the past 12 months.”

Ohad Samet Sep 17, 2019 ▶ 15:47 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Assertion Not checkable as stated

TrueAccord Reaches Over 4.3 Million Debtors Representing Billions in Debt

“So we're talking about more than 4.3 million consumers, Billions of dollars in debt, and it just continues to grow and grow and compound.”

Ohad Samet Sep 17, 2019 ▶ 16:22 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Disclosure

Max Levchin is an investor in TrueAccord

“He's one of our investors and someone that I learned from a lot.”

Ohad Samet Sep 17, 2019 ▶ 18:45 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Appearances (1)

Episode	Date	Speaking time
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments O	Sep 17, 2019	10m

Ohad Samet

Appearances (1)

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