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Truebill

Truebill

Truebill is the first platform that allows you to find, track and manage your subscription services and recurring bills.

[0]**** Truebill is the world’s first personal finance management service that allows users to find, track, and cancel paid subscripti ons and recurring bills in one pla ce, for free.

[2]

Truebill’sprimary service allows users to securely connect and scan their bank transactions to identify paid subscriptions like Netflix, AT&T and gym memberships, and request Truebill to cancel unwanted services on their behalf.

Truebill supports thousands of financial institutions, identifiedover 700 paid subscription services and recurring billing agents, and tracks over $100 Million in annual subscription payments.

According to their website, the average Truebill user saves $512 per year.

[3]

The app won the 'Best Apps for Managing Personal Finance' Business Insider.

[2]

Its headquarters are currently in San Francisco.

How TrueBill Started

Yahya Mokhtarzada and Idris Mokhtarzada founded Truebill in December 2015.

Yahya got a $40 bill from Gogo.

After taking a closer look at the subscriptions on his banks statement, he realized he had been subscribed to the service for more than a year.

After getting a refund, he wondered how many people pay for subscriptions they didn't know they had.

[4]

Truebill launched out of beta mode on February 2, 2016.

[4]

Investors

Truebill is backed by Sherpa Ventures, Social Capital, and Y Combinator.

[2]

References

[1]
Citation Linkcrunchbase.com"CrunchBase:TrueBill"
Sep 30, 2016, 1:18 AM
[2]
Citation Linktwitter.com"Twitter Account"
Sep 30, 2016, 1:19 AM
[3]
Citation Linkfacebook.com"FaceBook Page"
Sep 30, 2016, 1:24 AM
[4]
Citation Linktruebill.comTruebill's website
Oct 24, 2016, 2:15 PM
[5]
Citation Linktechcrunch.comTechCruncharticle on what Truebill is and how it started
Oct 24, 2016, 2:18 PM