Industry Veteran Pieter Stal joins Jumio as Senior Vice President EMEA Sales

PieterStalLondon – February 13, 2014 – Jumio, Inc., the fast growing payments and ID credentials management company, today announces the appointment of Pieter Stal as Senior Vice President of Sales in the EMEA region. Pieter brings over 20 years of experience in the ecommerce, payment and technology industries with specialities in the retail, travel, digital and financial service verticals. Based in the Netherlands, Pieter will lead new customer development efforts across the region.

“Pieter’s experience of payments, fraud and technology, combined with his industry relationships and extensive knowledge of the EMEA geographies, makes him the perfect choice to bring Jumio’s products to a wider audience, said Mike Orlando, Chief Sales Officer, Jumio.

For the past 9 years Pieter served at payments company Global CollectTM in various sales roles and most recently as Executive Vice President of Global Account Management & Vertical Markets. Prior to that Pieter held roles at KPN Telecom and TNT Express. Pieter gained his Masters of Law at the University of Utrecht and also holds an MBA from the University of Santa Clara, California, USA.

Speaking of his new appointment Pieter commented, “Jumio’s technology is a genuine innovation in the market today that solves real customer problems. We already have a proven customer base in the US and across Europe and our objectives are to expand more rapidly and cement Jumio as the industry standard across the globe for payments authentication and ID verification.

“We have seen that all industry sectors can work more efficiently, more securely, offer a superior customer experience and make more money by utilizing the Jumio technologies. In particular I plan to leverage my experience in the travel, retail, digital goods and financial services sectors to bring these business benefits to a wider audience.”

About Jumio

Utilizing advanced computer vision technology, Jumio is a next generation credentials management company offering payments and ID scanning & validation products for mobile and web transactions. Designed to reduce fraud and increase revenue by minimizing friction in customer transactions, Jumio’s products integrate easily into mobile apps or websites and create great customer experiences. Jumio’s products are widely used by leading retailers, marketplaces and financial institutions.

Jumio’s recently unveiled PORT, a secure device-based wallet infrastructure, allows consumers to conduct one-click purchases and transactions requiring identity verification, without the need to download a standalone wallet app. Netswipe® enables customers to scan their cards in online and mobile checkout resulting in increased revenue and reduced fraud for the merchants. Netverify® supports real-time ID verification in over 90 countries to help clients meet a variety of know-your customer requirements.

The company was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates globally with offices in the US, Europe and Asia.