TrueAccord has raised almost $40 million in total capital
Ohad Samet · 1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months · Sep 17, 2019 · at 11:59
TrueAccord co-founder and CEO Ohad Samet discloses the total outside funding raised by the debt collection startup.
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“Almost forty million dollars.”
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More from Ohad Samet
TrueAccord Does Not Sue Debtors or Report to Credit Bureaus
“You know, we don't sue people. We don't report to credit bureaus.”
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.”
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.”