TrueNorth

TrueNorth

Fintech software development and digital transformation

About

TrueNorth specializes in software development for the financial technology (fintech) sector, offering services such as consulting, customization, and digital transformation. The company focuses on replacing outdated IT systems with modern digital solutions to help businesses in financial services, healthcare, and education gain a competitive edge. TrueNorth's main product is the "TrueSolution" package, which includes consulting with industry experts, building enterprises from the ground up, integrating fintech partners, and modernizing legacy systems. The company generates revenue through its professional services, leveraging a team of skilled engineers proficient in the latest fintech applications. A distinctive feature of TrueNorth is its "Team Captain" structure, which ensures efficient project management. The goal of TrueNorth is to empower businesses to digitally transform and thrive in their respective industries.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Fintech, Financial Services

Total Funding

$13.6M

Headquarters

San Francisco, California

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with OneVest enhances wealth management solutions for North American financial institutions.
  • Collaboration with Brim Financial expands credit card-as-a-service offerings in the US and Canada.
  • Involvement in ICBA ThinkTECH Accelerator fosters innovation in community banking.

What critics are saying

  • Competition from Paymentology and Audax may challenge TrueNorth's digital banking market share.
  • Brim Financial's partnership with Mastercard could overshadow TrueNorth's credit card initiatives.
  • Exposure to early-stage fintechs in ICBA ThinkTECH Accelerator may create future competitors.

What makes TrueNorth unique

  • TrueNorth's Team Captain approach ensures expert guidance in fintech software development.
  • The company has built three fintech unicorns: Lending Club, Upgrade, and Dianrong.
  • TrueNorth specializes in digital transformations, securing $40 billion in client funding.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

2%

2 year growth

2%

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