Crossfin invests in SA fintech truID
TruID aims to provide financial institutions and fintechs with secure access to consumer banking data
African fintech investor Crossfin has invested an undisclosed amount in SA fintech truID through its ventures investment arm, Crossfin Ventures.
TruID’s API provides financial institutions and fintechs with secure access to consumer banking data.
The startup was founded in 2015 by Paris Valakelis, who was joined in 2017 by Dmitry Drabkin and Christian Schuit.
According to the startup’s LinkedIn profile, Schuit is based in The Netherlands, while Drabkin and Valakelis are based in Johannesburg.