Jumio provides identity verification and authentication solutions via a SaaS platform that helps fight fraud, stay compliant with regulations, and speed up onboarding. It uses AI, face biometrics, computer vision, and certified liveness detection to verify real-world identities. It differentiates itself by combining biometrics, document verification, liveness checks, and AI at global scale across multiple industries. Its goal is to help businesses onboard quickly and securely while reducing fraud and meeting KYC requirements.
Company Size
501-1,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$205.4M
Headquarters
Palo Alto, California
Founded
2010
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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, 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.
The growth capital represents the largest funding round in the history of digital identity and will fuel innovation and automation
Jumio pushes reusable identity as APAC stakes rise. September 15, 2026 Jumio has extended its reusable identity solution, selfie.DONE, into the Asia-Pacific region, marking the latest step in the company's global rollout of the technology. The expansion follows earlier launches of selfie.DONE in Latin America and North America, and introduces a selfie-first onboarding experience for businesses operating across APAC. The solution removes the need for every onboarding journey to begin with an identity document scan, instead allowing companies to recognise enrolled, trusted users through a global, consented identity graph. Document checks are reserved for cases where recognition cannot be confidently made, creating what Jumio describes as a fast lane for verified users while maintaining full verification for anyone flagged as higher risk. According to the release, reusable identity has already shown a measurable effect on onboarding performance. Deployments of selfie.DONE have produced a 20% rise in verification completion rates, with as many as 60% of users completing identity checks through a selfie alone, without needing to submit a document. Jumio's approach differs from closed identity networks limited to partner businesses, instead relying on intelligence gathered across its entire customer base. Every verification feeds into the company's global identity graph, which now holds more than 75m legitimate and fraudulent identities and expands by roughly 85,000 entries each day. This shared intelligence is designed to let organisations across sectors, including financial services, crypto exchanges, gaming and sharing economy platforms, identify trusted users instantly regardless of where they first verified, while still applying fresh risk checks to each new transaction. The announcement comes as businesses across the Asia-Pacific region look to adopt more flexible approaches to know-your-customer processes. Among them is Nimbura, a Malaysia-based fintech platform connecting consumers to online digital lending and financing solutions, which said it is tracking the rollout closely as it works to strengthen a trusted digital ecosystem for its users. Jumio president and CPTO Bala Kumar said, "The launch of selfie.DONE in APAC marks a pivotal milestone in our mission to redefine digital trust. With the region's dynamic, mobile-first economy, the demand for frictionless, high-assurance onboarding has never been higher. "By introducing selfie.DONE to the region, we're helping organizations shift from point-in-time verification to a model of continuous, contextual, and connected identity intelligence, enabling them to instantly recognize trusted users and turn identity verification from a friction point into a competitive advantage." Nimbura CEO for Asia Artjoms Borcovs said, "In digital lending, reducing onboarding friction can have a meaningful impact on customer conversion, provided security and compliance remain uncompromised. selfie.DONE has significant potential to simplify the experience for trusted customers through selfie-first verification, while continuing to assess identity risk in real time. We are looking forward to seeing how this approach can improve both customer experience and operational efficiency at Nimbura." Enjoying the stories? Investors. The following investor(s) were tagged in this article.