Growth in Asia Pacific leads Jumio to best sales quarter ever

Jumio announced its best sales quarter in company history, ending June 30, 2018, representing a 269 percent increase in sales over the same quarter last year. Record sales growth in the Asia Pacific region, which grew 531 percent over the previous quarter, fueled the results.

“We’re thrilled that within three months of opening our Singapore office, Asia Pacific has already generated so much in sales and has seen such wide adoption,” said Steve Stuut, CEO of Jumio. “This type of immediate market traction speaks to the opportunity this region represents and the untapped potential, especially within financial services, enterprise and e-commerce markets.”

The AI-powered identity-as-a-service provider also noted the following Q2 milestones: six straight quarters of sales growth; Asia Pacific expansion which includes a new Singapore office and expanded sales presence; liveness detection for web; new executive hires, and continued industry recognition.

Jumio recently published an e-book on “GDPR & Online Identity Proofing: An Inconvenient Truth” to help companies properly vet data processors.

Article Topics

biometrics  |  financial results  |  identity verification  |  Jumio