Verified debt settlement infrastructure for Nordic lenders.
TrueDebt helps banks reduce payout fraud, manual verification, and hidden over-indebtedness in debt consolidation workflows.
— The problemDebt consolidation still runs on customer-supplied payment details.
Current debt consolidation workflows rely on customer-provided payment information.
This creates operational overhead, manual verification work and a persistent surface for payout fraud. Funds can be routed to the wrong destination, debts may be understated, and lenders carry the downstream risk.
- Manual review of customer-submitted invoices
- Misrouted payouts
- Hidden over-indebtedness across creditors
- Limited audit trail at the moment of settlement
— The solutionA verified settlement layer between lender and creditor.
TrueDebt provides a secure validation and routing layer that helps lenders verify payout destinations before funds are disbursed.
Consolidation requests are enriched with verified debt and payment data sourced directly from the underlying creditors, so every settlement leaves the bank with the correct amount, the correct reference and the correct destination.
— How it worksThree steps between consolidation request and verified payout.
Retrieve verified debt and payment data
Consent-based access to the customer's existing debts and corresponding payment instructions, sourced from the underlying creditors.
Validate payout destination and reference details
Integrated with receiving institutions, validating the correct payment details before any funds are released.
Deliver structured settlement data to the lender
The lender receives a clean, machine-readable settlement instruction with a complete audit trail for every payout.
— Security & complianceBuilt for bank-grade controls.
TrueDebt is designed to operate within the controls Nordic lenders already maintain — with strong identity, scoped data access and clear auditability across the settlement lifecycle.
Data models built around minimal disclosure and purpose limitation.
Encryption in transit and at rest with strict key management.
Customer data is retrieved only with explicit, scoped consent.
Complete, tamper-evident audit trail for every settlement event.
— ContactTalk to the TrueDebt team.
We work with banks and consumer credit institutions evaluating verified payout infrastructure for debt consolidation. Reach out to start a conversation.