Tag: Daniel Bilbao

Greatest Hits Episode: Daniel Bilbao, Fighting Fraud in Latin America, Ep 146

You can now find the full show notes of the Crossing Borders podcast on LatamList.com’s new podcast section. I’ll still post the audio of the podcast on my blog and I’m planning to start writing more again on my blog, like I used to.

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Thanks for listening to Crossing Borders all these years! If you have any feedback or questions, please feel free to reach out here, or contact me on social media.

Outline of this episode:

  • [1:30] – Nathan introduces Daniel
  • [2:14] – Why is fraud a big problem to solve in Latin America?
  • [7:08] – The difference between background checks in LatAm and the US
  • [9:42] – Growing up in Cali, Colombia
  • [12:48] – How startup failure led to Paladin Cyber
  • [14:10] – Where did you get the attitude to give back to your home country?
  • [16:14] – Lessons learned in Daniel’s childhood
  • [19:32] – Why Truora likes to hire very junior engineers
  • [20:21] – Lessons learned from Beepy
  • [22:38] – How does experience with Beepy and Rappi influence Truora?
  • [25:37] – Why transparency is important at a startup
  • [26:14] – How to build the Truora team
  • [27:16] – How does the app work?
  • [28:35] – How to raise money for Truora
  • [30:51] – Top tips for companies applying to YC
  • [32:41] – How to get the most out of YC?
  • [33:30] – Advice for founders raising money in LatAm
  • [35:36] – What’s next for Truora?
  • [36:53] – Daniel’s recommended resources
  • [38:12] – Daniel’s advice to his younger self

Show notes on Latamlist.com.

Daniel Bilbao, Truora: Fighting Fraud in Latin America, Ep 80

Originally from Cali, Colombia, Daniel studied in the US and started a company in Silicon Valley before realizing he wanted to us his experience to solve a pressing Latin American problem: fraud. Truora, a startup that provides instant background checks, was born to fight that problem.

I sat down with Daniel for this episode to talk about why he decided to go after the Latin American market instead of Silicon Valley, how he raised money from Y Combinator, Accel, and Kazsek Ventures, and why he wants to tackle the problem of fraud in Latin America. We also discuss why he based his company in Cali and the lessons he learned building and working for three startups in Latin America and Silicon Valley. Magma has been supporting Truora since before YCombinator, so I’m especially excited to share the story of this ambitious founder from Colombia on the podcast.

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