JJumio provides identity verification and authentication services through a SaaS platform to help businesses fight fraud and stay compliant during customer onboarding and ongoing checks. The platform uses artificial intelligence, face-based biometrics, computer vision, and certified liveness detection to verify real-world identities, including document verification and risk assessments. It combines multiple verification methods within a single, scalable system and serves clients across financial services, marketplaces, and sharing platforms in 200+ countries. Its goal is to let organizations onboard new customers quickly and securely while minimizing fraud and complying with regulations.
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Industries
Company Size
501-1,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$205.4M
Headquarters
Palo Alto, CA
Founded
2010
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Total Funding
$205.4M
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Funded Over
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Jumio, the Sunnyvale, California-based identity verification provider, said it completed the worldwide rollout of its reusable identity product selfie.DONE in the third quarter of 2026. The product now covers North America, Asia-Pacific, and EMEA, following an earlier launch in Latin America. It draws on an identity graph of more than 75 million identities, growing by about 85,000 a day. Jumio said deployments raised verification completion rates by up to 20%, and up to 60% of returning users verified without documents. The company's latest models detect up to 70% more deepfakes than earlier versions. Jumio also added more than 30 customers and appointed Matt DeLauro, formerly president of SEON Technologies, as chief revenue officer. During the 2026 World Cup, its platform processed tens of millions of gaming transactions.
7 takeaways from SBC Summit 2026: trust, identity and less friction. By Anna Ross | October 09, 2026 SBC Summit 2026 brought the global betting and gaming industry together in Lisbon, with more than 40,000 industry professionals attending. From regulatory change and market expansion to fraud, onboarding and the evolution of the player experience, the event provided a clear snapshot of where the industry is heading. For Jumio, it also provided plenty of opportunity to speak directly with operators and industry leaders about the challenges shaping their businesses. One key theme came through: identity is no longer simply a compliance checkpoint. It is becoming a continuous part of the player journey - helping operators build trust, prevent fraud and reduce friction. Jumio left SBC Summit with many great insights this year. See its top 7 and watch a quick highlight video with insights from its team here: 1. Regulation is reshaping the industry. Regulatory change was a strong theme throughout the SBC Summit, and Finland was a particularly interesting example. Raph Apata, Jumio account executive, had many discussions about the country's move away from its historic gambling monopoly. Under Finland's new Gambling Act, betting, online slot and casino games, and online money bingo are being opened to competition through a licensing system, with licensed gambling services able to begin operating from July 1, 2027. This represents a significant shift, creating new opportunities for international operators while also raising the bar for compliance. Operators entering the market will need to demonstrate that they can meet regulatory, KYC and responsible gambling requirements from day one. This reflects a wider trend: compliance is becoming a prerequisite for sustainable growth. 2. Brazil highlights the complexity of emerging markets. Jumio CRO Matt DeLauro heard a lot about Brazil's regulatory landscape, particularly the country's increasingly restrictive approach to online gaming and betting, set out by their current president. Following a recent introduction of a nationwide ban on fixed-odds betting, including online betting games, the market faces significant uncertainty around the legality of operators, the enforcement of restrictions and the future of digital gambling services. The ban places scrutiny on payment providers, financial intermediaries and digital platforms that may facilitate transactions linked to prohibited gambling activities. It also raises important questions around customer verification, transaction monitoring, fraud prevention and the identification of unlicensed operators. For businesses such as Jumio, the key challenge is understanding how these restrictions translate into practical compliance obligations, while navigating a regulatory environment in which enforcement priorities, legal challenges and the future of the market remain in flux. 3. Better experiences are becoming a competitive advantage. The player experience is increasingly becoming a competitive differentiator. Monty Singh, Jumio sales development manager, heard strong interest in how operators can improve onboarding while maintaining robust identity controls. selfie.DONE(TM) generated particularly strong conversations around this challenge. Traditional identity verification can introduce friction at a critical point in the player journey, with players often required to repeatedly provide ID documents or complete verification checks. Reusable identity changes that dynamic. Once a player has established a trusted identity, operators can build on that identity rather than treating every interaction as a completely new verification journey. The proposition is simple: less friction for trusted players, a better user experience and the potential for higher conversion rates. The conversations at SBC reinforced that identity can directly influence whether a player completes registration, returns to an operator and continues engaging with the platform. 4. Compliance doesn't mean friction. For Philipp Pointner, Jumio's chief of digital identity, a key takeaway from SBC Summit was that licensed operators are actively looking for ways to comply with regulations. There is sometimes an assumption that stronger KYC and AML controls inevitably mean more friction and lower conversions. Philipp's conversations suggested the opposite. Operators want to meet their obligations around KYC, AML and responsible gambling, but they also want to deliver an experience that doesn't penalise legitimate players. This is where reusable identity becomes particularly powerful. If an operator can establish that a player is genuine and trusted, they can use that verified identity intelligently throughout the customer lifecycle, reducing unnecessary repetition while maintaining appropriate controls. The opportunity is to make identity verification smarter, more contextual and more connected to the overall player journey. 5. Moving beyond traditional KYC. For years, identity verification was largely viewed as something that happened just at registration: a player signs up, submits their information, completes a verification check, and gets approved. With modern consumer expectations, that's something of the past. Players want fast onboarding, personalised experiences and minimal repetition. At the same time, operators are dealing with increasingly sophisticated fraud, including multi-accounting, stolen credentials, synthetic identities and attempts to circumvent traditional verification processes. The result is a shift from "verify once at the start" toward continuous intelligence. This is the foundation of the identity intelligence approach: bringing together identity, risk and behavioural signals to help operators make better decisions throughout the customer lifecycle. 6. The fraud problem is becoming more connected. Fraud can no longer be viewed one account at a time. Gaming ecosystems generate enormous volumes of signals across accounts, devices, transactions and behaviours, while fraudsters are using AI and increasingly sophisticated techniques, including injection attacks, to bypass traditional controls. Identity verification therefore cannot operate in a silo. Jumio must connect trusted identity data with risk intelligence, authentication, fraud detection and ongoing signals across the customer lifecycle. The goal isn't simply to answer "Is this person who they say they are?" It is to understand who the player is, whether they can be trusted, what risk they present and how that assessment should evolve over time. 7. The player journey is becoming the identity journey. From its time spent at SBC Summit, it's clear that identity is becoming a continuous part of the player journey, rather than a one-time check at onboarding. Reusable identity and technologies provide a way to address the challenge of improving conversion, reducing friction and delivering a better user experience - while maintaining the consent, privacy, security and compliance controls required for each use case. The future of gaming isn't about choosing between compliance and customer experience. It's about using identity intelligence to deliver both.
Jumio completes global rollout of selfie.DONE Reusable Identity solution across EMEA. Jumio has completed the global rollout of its reusable identity solution, selfie.DONE, by expanding the service into Europe, the Middle East, and Africa. For fintech professionals, this marks a significant shift toward document-free re-verification in highly regulated markets, balancing the friction of KYC compliance with the demand for seamless user experiences through a consent-based, biometric-first architecture. What was announced. The expansion into the EMEA region represents the final phase of a worldwide rollout for selfie.DONE, following previous launches in North America, Latin America, and Asia-Pacific. The solution is designed to navigate the complex regulatory landscape of EMEA markets, where organizations must adhere to stringent frameworks including GDPR, PSD2, and AMLD. By establishing a "selfie-first" fast lane, the product allows enrolled users to bypass repetitive ID document scans, instead utilizing real-time biometric matching to verify identity. The system is powered by Jumio's proprietary global identity graph, which contains over 75 million legitimate and fraudulent identities and grows by approximately 85,000 entries every day. Unlike closed-loop identity wallets or restricted networks, this approach relies on real-time re-verification and fresh risk analysis rather than cached, static results. Every reuse decision is anchored in explicit end-user consent, ensuring compliance checks are performed behind the scenes without interrupting the user journey. Data from existing deployments indicates that selfie.DONE can increase verification completion rates by up to 20%. Furthermore, it enables up to 60% of returning trusted users to complete their verification without presenting a physical document. While the solution is currently being highlighted for gaming operators at the SBC Summit Lisbon to streamline player registration, its application extends across high-trust sectors including financial services, cryptocurrency, marketplaces, and mobility. "Bringing selfie.DONE to EMEA completes our worldwide rollout of our reusable identity solution, shifting the industry from static, point-in-time checks to continuous, connected, and contextual identity intelligence on a global scale. In markets where regulatory scrutiny and user expectations for friction-free digital experiences are equally high, selfie.DONE proves that conversion and compliance are not a trade-off. By putting explicit user consent and privacy at the core of our global identity graph, we empower businesses to instantly recognize trusted users while ensuring rigorous security and privacy standards." Bala Kumar, president and CPTO at Jumio. The companies involved. Jumio is a leading provider of AI-powered identity intelligence, specializing in biometric authentication and automated data-driven insights. Based in Sunnyvale, California, the company operates on a global scale with a presence in North America, Latin America, Europe, Asia-Pacific, and the Middle East. To date, Jumio has processed more than 1 billion transactions across over 200 countries and territories, serving a diverse range of industries from account opening to ongoing monitoring. The company's platform leverages automated technology, including machine learning and liveness detection, alongside no-code orchestration that connects with hundreds of data sources. This infrastructure is designed to combat fraud and financial crime while helping businesses meet rigorous KYC and AML regulatory requirements. Jumio is backed by several prominent investment firms, including Centana Growth Partners, Great Hill Partners, and Millennium Technology Value Partners. The firm's leadership includes Bala Kumar, who serves as President and CPTO, and it continues to position itself as a central player in the global identity verification market. What FF News has reported before. FF News has closely followed Jumio's aggressive expansion of its reusable identity capabilities throughout 2026. In September, we reported that Jumio Launches selfie.DONE in APAC to Enable Document-Free Reusable Identity Verification, which followed the company's massive operational success during the summer. In August, the company demonstrated its scale when Jumio Processes Tens of Millions of Identity Verifications During 2026 World Cup Gaming Surge, proving the platform's ability to handle high-volume, real-time traffic. This period of technical expansion follows a significant leadership transition earlier in the year. In January 2026, Jumio Appoints Bala Kumar as President and Interim Chief Executive Officer, a move that signaled a renewed focus on product innovation and global scaling. These milestones collectively highlight the company's trajectory toward replacing traditional, document-heavy onboarding with more agile, biometric-led systems. What this means. The move toward reusable identity is no longer a theoretical goal; it is becoming a competitive necessity in the EMEA region. As regulators tighten the screws on AML and fraud prevention, the industry faces an existential pressure to reduce onboarding abandonment rates. By moving away from "point-in-time" checks toward a continuous identity graph, Jumio is challenging the traditional siloed approach to KYC. This launch puts pressure on legacy verification providers who still rely on manual document reviews or static databases. The success of this model will likely depend on how well it navigates the "consent fatigue" of users while maintaining the high security standards required by European financial regulators. Featured speakers.
Jumio, an AI-powered identity intelligence provider, has appointed Matt DeLauro as Chief Revenue Officer. DeLauro brings over 20 years of experience scaling high-growth technology organisations and most recently served as president of SEON Technologies, where he led a strategic transformation. In his new role, DeLauro will unify Jumio's customer-facing teams to support the company's global expansion plans. He will be responsible for aligning teams and driving accountability across the full customer lifecycle. Jumio CEO Mark Lorion said DeLauro was brought in specifically to align customer-facing teams during the company's current transformation. DeLauro's expertise spans both fraud prevention and regulatory compliance, areas central to Jumio's identity verification platform, which has processed over 1 billion transactions across more than 200 countries.
Jumio announces Matt DeLauro as Chief Revenue Officer. Business Wire Published Sep 23, 2026 DeLauro's appointment the newest in a series of key executive placements to accelerate Jumio's growth and market leadership SUNNYVALE, Calif. - Jumio, the leading provider of AI-powered identity intelligence, today announced the appointment of Matt DeLauro as Chief Revenue Officer. With over 20 years of experience successfully scaling high-growth technology organizations, DeLauro will play the central role in unifying Jumio's customer-facing teams to support the company's next chapter of global expansion. He most recently served as president of SEON Technologies, where he was the architect of a highly successful strategic transformation. In that role, DeLauro led global teams responsible for revenue, marketing, engineering, operations, and corporate systems. He also brings deep and global expertise in both fraud prevention and regulatory compliance to Jumio's leadership team. "Matt has built and scaled revenue engines at companies moving through exactly the kind of transformation Jumio is undertaking right now," said Mark Lorion, CEO of Jumio. "We brought him in to align our customer-facing teams and drive accountability across the full customer lifecycle. He has done this at scale before, and I expect him to move fast." Top Stories Interested in more newsletters? Browse here. "I am thrilled to join Jumio at such a pivotal moment in the company's journey," DeLauro said. "Jumio's commitment to innovation and its market-leading solutions provide a powerful foundation for identity intelligence. I look forward to driving this new chapter of growth and working with our global teams to empower customers to accurately establish, maintain and reassert trust in every digital interaction." To learn more about Jumio and its award-winning, AI-powered identity intelligence solutions, visit jumio.com. About Jumio Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust. Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions. Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners. View source version on businesswire.com: Media Contacts U.S. Media Contact Haleigh Kent-Bryant 10Fold Communications 810-516-5486 APAC Media Contact Luke Nazir FINN Partners +65 8139 2504 LATAM Media Contact Giancarlo Aracena Sentidos Comunicaciones +56 9 7969 5161 This advertisement has not loaded yet.
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Industries
Company Size
501-1,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$205.4M
Headquarters
Palo Alto, CA
Founded
2010
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs