TrueNorth
12 Case Studies
A TrueNorth Case Study
CrowdOut Capital, a financial services firm, needed to build an online marketplace to connect mid-market borrowers with accredited investors. Their challenge was to introduce an intuitive user experience and a highly secure financial technology solution on a lean budget and in a short timeframe. They partnered with TrueNorth for its expertise in building secure fintech solutions and marketplace lending.
TrueNorth implemented the solution in two phases, first building a secure investor portal and then evolving it into a fully functioning marketplace. This work enabled CrowdOut to successfully originate $250 million and distribute over $40 million to investors, achieving returns of 12%+. TrueNorth's development provided the robust technological foundation for CrowdOut's operations and growth.