FB pixel

Sales of Onfido biometric and ID check products leap 342 percent in 2018

 

Onfido has announced that its sales increased by 342 percent year over year in 2018, which it hails as a landmark year after winning several industry awards, forming new partnerships and winning notable global clients.

Over the last four years, Onfido says its new products, rapid international growth, and strong sales in different industries have led to a growth rate of 3,857 percent. New clients include Remitly, Indiegogo, and Bitstamp. Recent awards and recognitions include a place on Deloitte’s 2018 UK Technology Fast 50.

“It has been a milestone year for us at Onfido, and we’re particularly proud of the growing trend of trial before you buy that we’ve successfully been able to establish,” said Husayn Kassai, CEO and co-founder of Onfido. “This reinforces the team’s belief that our AI-powered identity verification offering is the leading solution on the market. We look forward to building on this year’s achievements even further in 2019.”

Onfido hired several senior-level managers and executives during the year, including CFO David Clarke, Chrissy Dal Porto as VP of Global Marketing, Ruth Penfold as Director of People, and Amy Wallace as General Counsel, as well as Michael Van Gestel as Identity Document Fraud Consultant.

The company says it now provides identity verification to more than 1500 companies, and will announce several major new partners in 2019.

Article Topics

 |   |   | 

Latest Biometrics News

 

Privacy doesn’t have to cost us great online services

By Andrew Black, Managing Director ConnectID and Sujeet Rana, Chief Digital Officer NAB For years, we accepted an implicit trade-off…

 

Alan Turing Institute reveals digital identity and DPI risks in Cyber Threats Observatory Workshop

Digital identity systems are showing growing vulnerabilities with commensurate risks for the development of DPI. The Alan Turing Institute launched…

 

Biometric identity verification gets caught up in great expectations and politics

The next generation of biometric identity verification collides with the politics of digital identity in the most-read articles of the…

 

Todd Morris named NEC NSS President as Dr. Kathleen Kiernan retires

Todd Morris is the new President of NEC National Security Systems (NEC NSS). Morris succeeds Dr. Kathleen Kiernan, who is retiring…

 

ISO’s mDL standard can’t guarantee issuer trustworthiness

The fear that the server retrieval capability supported by the ISO/IEC 18013 standard for mobile driver’s licenses (mDLs) could be…

 

One app, two app, three app, four: DECTA study shows users have ‘wallet fatigue’

While some see the concept of a “15-minute city” as sinister, advocates say they just don’t want to go very…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events