The Atlanta based, alternative credit bureau, FactorTrust has secured $42m in funding. ABS Capital Partners and MissionOG led the round.
FactorTrust, the alternative credit bureau, announced today that Michael Heller, an information and analytics industry leader, has joined as president. The company also closed on a $42 million investment led by ABS Capital Partners, a leading late-stage growth company investor, and MissionOG, a leading early to growth stage investor. With the investment, FactorTrust will accelerate its growth and expand its suite of offerings to enable lenders to drive desired business results in a challenging compliance environment.