The story of Trustpair
From how it all started to where we are going
Trustpair was born out of a strong conviction that manual controls of third-party data are time-consuming, costly and fallible for companies. Trustpair makes third-party data reliable throughout the Procure-to-Pay process, allowing teams to focus on the essentials.
How? The platform helps finance teams to confirm bank account ownership globally and to monitor risks within their existing P2P tools.
Trustpair started after Baptiste Collot, our Co-Founder & CEO, worked as a Treasurer in a major French corporation. He realized that paying third-parties was so tricky and unsafe that the Group decided to stop doing wire transfers, opting for a return to payment by cheque.
A lack of trust was prevalent in the relationships his former company had built over time with their business partners. As a result, Baptiste had the conviction that technology was the answer for overcoming such setbacks.
With the vision to become a global market leader in Third-Party Risk Management, Baptiste joined forces with Alexandre Gillier and Simon Elcham in 2017, to combine their experience in Finance and Product Development.
Today, around 100 talented employees with broad expertise are building the leading vendor fraud prevention platform for global enterprises.
Long story short
2017
Trustpair's creation 🐣
Trustpair becomes the largest data aggregator of bank details in Europe
2018
First partnership 🤝
Société Générale recognizes Trustpair as the leading solution on the market
2019
Series A 💸
Trustpair raises €5M and invests into R&D to extend its coverage to Europe and China
2020
Europe expansion 🇪🇺
Trustpair becomes the European leader in payment fraud prevention
2022
200 clients trust us 🎉
Trustpair achieved more than 200 successful projects with corporates and is now Leader in Europe
2022
Series B 💸
Trustpair raises $20M to expand in the USA and hire international talent
2023
+100 employees on board 🛳
The Trustpair team continues to grow and diversify
2024
International clients 🏆
Trustpair launches in Italy and continues to grow, supporting 300+ clients across Europe & the USA
2025
Our vision? 🔭
Reaching our vision to become the global market leader in Third-Party Risk Management
Our Values
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We commit to each other
- We are one team, designing and selling one product
- We commit to the company, to our projects and to the team around us
- When joining a project, our first question is: “how should I contribute”?
- We go above and beyond to overachieve our collective objectives
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We explore new paths to find the right one
- We observe, understand and create: 3 things found in an adventure
- If the solution does not exist, we create it ourselves
- We also know when to stop exploring and when to start acting
- We test new ideas on the ground quickly, with short feedback loops
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We speak our mind, honestly & respectfully
- We say what we mean, and we mean what we say
- When we’re not aligned with decisions, we are open about it
- We share and welcome feedback respectefully to keep improving our impact
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We move forward with persistence
- Rigor and discipline is our key to success
- We challenge the status quo, again and again
- Each of us focuses on key priorities that contribute to the company's objectives
- We maximize our impact by constantly our effort / outcome ratio
Baptiste
CEO & Cofounder
Alexandre
Managing Director & Cofounder