TruStage

TruStage

About TruStage

Simplify's Rating
Why TruStage is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Madison, Wisconsin

Founded

N/A

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • TruStage's partnership with Cotribute streamlines account opening and fraud prevention.
  • Jon Winderman's appointment as CFO enhances financial management and operational efficiency.
  • Gen Z's BNPL usage rise offers TruStage opportunities for tailored financial products.

What critics are saying

  • Ascent's rapid expansion threatens TruStage's market share in digital solutions.
  • BNPL rise among Gen Z may increase debt, impacting TruStage's younger demographic products.
  • New CFO Jon Winderman may cause short-term instability with strategic shifts.

What makes TruStage unique

  • TruStage integrates payment protection into Cotribute's platform, enhancing user experience.
  • TruStage's Payment Guard Insurance is a 2024 Finovate Awards finalist for innovation.
  • TruStage's survey shows optimism among middle-market Americans about their financial situation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Parental Leave

Paid Vacation

401(k) Retirement Plan

Hybrid Work Options

Tuition Reimbursement

Company News

PR Newswire
Jan 9th, 2025
Ascent Achieves Rapid Growth In 2024

With an expanding client base, partnerships, and doubling of headcount, rising fintech star concludes 2024 well positioned for progress in the year ahead.NEW YORK, Jan. 9, 2025 /PRNewswire/ -- Ascent Platform , the leader in digital experience solutions for financial institutions, achieved extraordinary success in its first year of operation, with rapid expansion of the company on all fronts.Ascent began 2024 by exiting stealth development and announcing its first strategic partnership with MSU Federal Credit Union to transform business and commercial lending for credit unions. Shortly afterwards, Ascent closed $5.3 million in venture funding in a round led by Foundation Capital , TruStage , Alloy Labs , and Reseda Group. This funding fueled platform development and expansion of use case support to include any-and-all product applications and servicing forms used by financial institutions.Ascent doubled its headcount during the year, growing both US staff and product development and engineering teams operating in Scotland. Ascent grew its advisory board to include legendary fintech expert Bryan Clagett , mortgage industry leader Robert Davis , credit union keystone Kirk Kordeleski , and digital transformation thought leader Kevin Porter. Ascent also expanded strategic alliances, including partnership agreements with the Cooperative Credit Union Association , Finalytics , Nook , and Digifi .Ascent continued to gain industry recognition with acceptance and participation in Project Fintech's National Accelerator and MSUFCU's Conquer Finance & Insurance Accelerator , and a finalist selection for Fintech Futures "Customer Journey and Experience" award

Coverage
Jan 8th, 2025
Cotribute Partners With Trustage

Cotribute, a digital account opening and onboarding platform for financial institutions, announced its partnership with. TruStage <i class="fa fa-info-circle company-popover" data-content="h3TruStage/h3. div

HR Tech Wire
Jan 8th, 2025
Cotribute Partners with TruStageTM to Provide Payment Protection Products

TruStage's payment protection solution is seamlessly integrated into Cotribute's account opening and loan application modules, and this will offer a simple, user-friendly and fraud-proof process to our clients, deepening the relationship with their members.

PR Newswire
Dec 12th, 2024
Trustage™ Announces Jon Winderman As Next Chief Financial Officer

MADISON, Wis., Dec. 12, 2024 /PRNewswire/ -- TruStage, a financially strong insurance, investment and technology provider, announced today the appointment of Jon Winderman as the company's next Chief Financial Officer (CFO). Winderman replaces Laurie Winger, who is retiring at the end of 2024 after more than 30 years of service to the company. "Jon brings over 25 years of deep financial acumen and a breadth of broad business experience to TruStage," said Terrance Williams, President CEO of TruStage. "From his extensive background in strategic financial oversight of a diverse product portfolio, to his skill in finance systems and operations, to his passion for developing talent within the organization, Jon will be a tremendous leader for our company.". Winderman brings an exceptional track record of financial stewardship for multiple top-tier, peer insurance companies

TruStage
Dec 12th, 2024
TruStage(TM) announces Jon Winderman as next Chief Financial Officer

MADISON, Wis. - TruStage, a financially strong insurance, investment and technology provider, announced today the appointment of Jon Winderman as the company's next Chief Financial Officer (CFO).

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