Truora is a Latin American technology company specializing in reliable background checks and fraud prevention tools, helping businesses in the region identify, verify, and onboard users securely. Truora delivers these services through modern APIs and web solutions, designed for scalability across multiple industries and countries.
What technology powers Truora’s background check and fraud prevention platform?
Truora leverages a combination of API-driven automation, digital identity solutions, and advanced software engineering to provide:
- Background verification checks for individuals and businesses
- Continuous identity verification and monitoring
- KYC (Know Your Customer) compliance solutions
- Biometric validations
- OCR (Optical Character Recognition) technologies for document authentication
Their infrastructure allows customers to integrate Truora’s capabilities directly into their onboarding and risk processes, reducing manual review and increasing accuracy. With a team of 60+ software engineers and expertise from founders in security and fraud prevention, Truora develops solutions suited for the unique regulatory and operational challenges of Latin America.
Who uses Truora?
Truora serves a broad spectrum of clients across six Latin American countries, including Mexico, Colombia, Peru, Costa Rica, Brazil, and Chile. Their customer base features:
- Leading marketplaces such as Didi, Rappi, and Liftit
- FinTech startups
- Major financial institutions
- Large HR and staffing firms
These organizations rely on Truora to streamline background checks, reduce fraud, and ensure regulatory compliance during customer or employee onboarding processes.
Who are Truora's competitors?
Truora operates in the B2B SaaS space focused on fraud prevention and background screening in Latin America. Key competitors and related providers include:
- Neoway: Latin America's largest provider of data analytics and AI for business risk and compliance.
- Dock: Offers customer data validation APIs to enhance onboarding security.
- LSEG Risk Intelligence: Provides global risk and fraud management services, including account verification.
- First Advantage: International background screening with robust API integrations, serving clients globally.
While some competitors focus on analytics or global coverage, Truora differentiates itself through regional expertise, rapid integration, and a focus on Latin America's regulatory and market needs.
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