The Kansas City Area Development Council announced today that TrueAccord, a San Francisco-based FinTech company, will invest $1.34 million in a new shared services operation in Lenexa, Kansas.
“We chose the greater Kansas City area after a thorough nationwide search. We reviewed factors such as ease of travel, cost of doing business and the local culture. Ultimately, our decision came down to the ability to attract top talent to meet our growing business needs,” said Sheila Monroe, chief operating officer of TrueAccord, in a written statement. “The expansion and our new team members will help to further the TrueAccord mission to modernize and improve the debt recovery marketplace.”
TrueAccord will create more than 150 jobs in a 12,000-square-foot office space at 16011 College Boulevard in Lenexa.
Headquartered in Silicon Valley, TrueAccord is a debt-collection agency.
KCADC worked with a number of regional partners in attracting TrueAccord to the region, including the Kansas Department of Commerce, State of Kansas, Lenexa Economic Development Council, Evergy, Kansas Gas Service and Nick Suarez with Newmark Grubb Zimmer.
“We are pleased that TrueAccord has chosen Lenexa for their new facility and are proud to welcome them into our corporate community,” said Blake Schreck, president of the Lenexa Chamber of Commerce, in a statement.