Jumio

regtechauthentication and fraud prevention

STATUS: Acquired/Merged
FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 12/04/2021

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About

When identity matters, trust Jumio. Jumios mission is to make the internet a safer place by protecting the ecosystems of businesses through cutting-edge online identity verification and authentication services that quickly and accurately connect a persons online and real-world identities. Jumios end-to-end identity verification solutions fight fraud, maintain compliance and onboard good customers faster.Leveraging advanced technology including informed AI, biometrics, machine learning, certified 3D liveness detection and human review, Jumio helps organizations meet regulatory compliance including KYC, AML and GDPR and definitively establish the digital identity of their customers. Jumio has verified more than 225 million identities issued by over 200 countries and territories from real-time web and mobile transactions. Jumios solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors. Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation.For more information, please visit www.jumio.com.

MEDICI Analysis

Jumio was acquired by Centana Growth Partners on May 6, 2016.

Focus

PRODUCTS & SERVICES

Jumio offers NetVerify Identity Solutions that include: ID Document Verification: The platform fuses artificial intelligence, computer vision, and ID experts to determine the authenticity of an ID document. The NetVerify ID verification platform can be easily integrated with a company’s existing workflows via a simple API call. Identity Verification: It leverages biometric facial recognition, liveness detection, and live verification experts to compare a selfie to the picture on the ID supplied. It conducts three different types of checks for the authentication process like eyeball tracking (users have to follow an icon on the mobile screen with their eyes as it moves in a random pattern), validity check (authenticity of selfie), and similarity check (match with the user’s selfie). Document Verification: NetVerfiy Document verification enables users to perform a high-quality scan through their smartphone in order to acquire, extract, and verify data from the documents such as utility and bank statements.

REVENUE MODEL

Software-as-a-service revenue model

MAIN CLIENTS

United Airlines

Airbnb

EasyJet

Entropay

Gyft.com

Mr. Green

yobetit.com

Betfair

EXISTING PARTNERSHIPS

TJP Advisory & Management Services

Traction

VALUATION / MARKET CAP:

$192.31 M in 2015

COMPANY TYPE:

For Profit

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

May 2016

PRICE

---

company provided insights

Acquisitions

ACQUIREE NAME

Beam

ANNOUNCED DATE

Sep 2020

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

56,531

AVERAGE VISITS (6 MONTHS)

69,414.48

MONTHLY VISITS GROWTH

-31.19%

VISIT DURATION

496

VISIT DURATION GROWTH

73.45%

PAGE VIEWS VISIT

3.28

PAGE VIEWS VISIT GROWTH

-45.73%

BOUNCE RATE

57.99%

BOUNCE RATE GROWTH

-12.16%

GLOBAL TRAFFIC RANK

419,523

MONTHLY RANK CHANGE

110,982

MONTHLY RANK GROWTH

35.97%

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