About Truv

Enabling a More Equitable Financial Ecosystem

Access to credit is fundamental to our lives, but traditional measures for evaluating credit are becoming increasingly less accurate. That’s why the way employment and income data is currently siloed is increasingly unacceptable, for both businesses and consumers.

Thankfully, with advances in consumer data access and protection, it’s now possible to unlock this data and make it accessible. That’s what we’re doing at Truv. We’ve built the safest and most reliable API connections to payroll accounts, unlocking the power of consumer permissioned data.

Vision

Unlocking the Power of Consumer-Permissioned Data

Truv has built the safest and most reliable API connections to payroll accounts to enable use cases such as income & employment verification as well as direct deposit switching.

Founding Story

The idea was simple: manual and legacy methods are slow, expensive, and often inaccurate. Better access to data can change that. In 2020, we set out to automate the process to improve the experience and outcomes for everyone.

Truv Co-Founder and CEO Kirill Klokov has experienced the struggles first hand. Klokov immigrated to the U.S. and attended Stanford Business School for his MBA before successfully leading product organizations at several very successful startup organizations. However, he had a 520 credit score. Getting approved for a loan in some cases was impossible, and other cases required very manual processes like uploading paystubs, W2s, and more.

In two short years, we now cover more than 120 million Americans via 50 integrations with payroll providers, and over 2,000 custom-built connections to specific employers. We work with the majority of the top 10 background screening companies, 3 out of top 10 largest mortgage lenders, some of the top 20 banks in the US, and have partnered with the major credit bureau Experian.

This is just the beginning.