Digital identity verification firm Jumio wins Austrian start-up award

November 24, 2016 - 

Jumio has been awarded the title of Austrian start-up of the year in the Central European Start-Up Awards.

Jumio’s digital ID verification solution uses computer vision technology and biometric facial recognition to verify credentials issued by over 200 countries in real time web and mobile transactions.

In a company statement, Jumio says the judges were impressed with its 47 percent growth in annual recurring revenue year-over-year, that it counts five Fortune 50 firms as customers and that its diverse and multicultural team attracts experts from around the world to work in an environment where innovation, learning and success is nurtured and celebrated.

Alexey Grubauer, CIO and managing director Austria said: “We are thrilled to receive this award. Jumio is proud of its base in Austria and proud of what we are doing to encourage innovation and new thinking in authentication. This award is for each and every member of our team and recognition of the diverse and talented group of people we have driving our company forward to new successes.”

The Central European Start-Up Awards celebrate the entrepreneurial spirit of start-ups and the work they do in driving innovation across Central Europe.

Jumio will now go forward to the finals of the awards held in Ljubljana, Slovenia on the December 1 where the overall Central European Start-Up of the year will be announced.

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About Stephen Mayhew

Stephen Mayhew is the publisher and co-founder of Biometrics Research Group, Inc.. His experience includes a mix of entrepreneurship, brand development and publishing. Stephen attended Carleton University and lives in Toronto, Canada. Connect with Stephen on LinkindIn.