|Description||Realtime Online Identity Verification|
|Angel, 2/2013 ||$300k|
|Seed, 10/2013 |
Mangrove Capital Partners
ACT Venture Capital
Trustev provides real time online identity verification using its proprietary social fingerprinting technology, to help combat online ecommerce fraud. With just a few lines of code, Trustev adds a new social verification layer at the front side of the checkout process that pre qualifies potential customers through analysing social data from a wide number of sources including Facebook, Twitter and LinkedIn, while maintaining user privacy at all times.
Founded in 2012, and headquartered in Cork, Ireland, Trustev is mirroring the way merchants make real life selling decisions, online for the very first time. According to a recent Gartner survey over 50% of new retail customer identities will be based on social network logins by 2015. Through Trustev’s unique social fingerprinting technology, online retailers can be certain that they are dealing and transacting with real human beings.
Trustev’s platform provides a multi layered approach to fraud detection to maximum revenue and minimize loss while reducing the cost of policing fraud.