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FinTech news in G Squared category

SMB FinTech startup Truework raised Series C round of $50M

Founded in 2017, San Francisco-based Truework integrates with payroll providers including Gusto, Zenefits and BambooHR, and enables mortgage providers and lenders (e.g. automotive, personal loans, and student financing) to verify and approve borrowers quickly within their own applications using Truework APIs. Truework, a company that builds technology for mortgage and consumer-centric lenders to instantly verify the income and employment of borrowers, has raised $50 million in a Series C round of funding led by G Squared. Aside from lead backer G Squared, Truework’s Series C round included investments from Sequoia Capital, Activant Capital, Khosla Ventures, Indeed, Human Capital and Four Rivers Group. On the flip-side, mortgage demand recently hit a 20-year low after the highs of 2020, but Truework co-founder and CEO Ryan Sandler reckons that the need for automated verifications is only going in an upward direction.

AI startup LinkSquares raised Series C round of $100M

Demonstrating that there a robust market for contract management solutions, LinkSquares, a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared.