Worth raised $25 million in a funding round led by TTV Capital to enhance its financial automation platform. The funds will help the company onboard larger financial institutions as clients.
Automation-focused FinTech platform Worth raised $25 million in new funding. The capital will help Worth enhance its platform, which specializes in onboarding and underwriting workflow automation. This helps companies make better and more accurate underwriting decisions. The new funding, led by TTV Capital, will help Worth add larger financial institutions to its roster of clients.
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Company Information
Company
Worth
Location
609 E. RIDGEWOOD ST.
Orlando, Florida, United States
About
Worth is a leading fintech platform that automates onboarding and underwriting for Financial Institutions, Fintechs, Payment Providers, Supplier Financing and ISVs. Powered by the largest database of over 242 million small businesses, the all-in-one solution integrates workflow automation, Know Your Business (KYB), Know Your Customer (KYC), Identify Verification (IDV) bank verification, fraud detection, and credit underwriting leading to the highest match rates through their pre-fill and crosswalking technology. This enables enterprises to onboard customers quickly and confidently. With deep insights into small business data, Worth accelerates time-to-revenue while fostering a more equitable financial ecosystem where both enterprises and small businesses can thrive.
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OrlandoInformation TechnologyFinancial ServicesSoftwareFintechSaaS