Trustfolio shortlisted in Prolific North Tech Awards ‘Tech Start-up of the Year’ category

Lou Yates, CEO, Trustfolio
06 October 2022

‘Debt-tech’ collective Trustfolio has been shortlisted for yet another accolade – this time Prolific North’s Tech Awards 2022 ‘Tech Start-up of the Year’ category.

The Prolific North Tech Awards celebrate the incredible innovation of the North's tech sector, rewarding the organisations, teams and individuals contributing to the region's growth. It recognises that tech has played a huge part in transforming the way we live, work, communicate and socialise and the North’s crucial role in the national and international tech ecosystem.

Trustfolio’s mission is to enable better debt solutions and advice through powerful, bespoke technology (or ‘debt-tech’ as we like to call it). It aims to make the process surrounding personal insolvency, debt advice, and related solutions more efficient, cost-effective, and secure to deliver best outcomes for all stakeholders, including the consumer-in-debt. The team’s focus is on making the latest technology as user-friendly as possible so it can be used by creditors, insolvency practitioners, debt advisers, consumers and regulators to make informed, auditable and compliant decisions by putting the most relevant data at their fingertips.

Trustfolio acquired TIPTrust (formerly The Insolvency Panel) in January 2022, bringing the industry leading Debt Adviser Support Portal (which is backed by AdviceUK) into its suite of solutions, along with well-established data transfer software company Asperitas Technologies.

Lou Yates, CEO of Trustfolio, comments:
“This is the third award we’ve been shortlisted for recently and we’re incredibly proud to be recognised, especially on a North of England stage. Our team is made up of some of the brightest and best leaders from across the consumer credit, debt advice, collections, insolvency, and fintech sectors so we are only a start-up in the sense that we fairly recently came together under one umbrella to pool our combined skills, expertise and software. We’re already putting into practice our shared belief that tech should empower rather than replace those working in the sector for the ultimate good of the consumer-in-debt and we have big ambitions for the future – watch this space!”

Trustfolio was also recently shortlisted in the IRRV Performance Awards Excellence in Innovation (Debt Management) category alongside its Creditor Debt Solutions Platform client Birmingham City Council, and the Credit & Collections Technology Awards for ‘Tech Team of the Year’.