Official Statement: SEC Settles with Former Jumio Executives
Jumio releases official statement in reaction to U.S. Securities and Exchange Commission settlements against Daniel Mattes, former founder, and Chad Starkey, former CFO:
“Jumio severed all ties with former founder, Daniel Mattes, and former CFO Chad Starkey in 2015, and they have not been involved with the successor company, Jumio Corp., in any capacity,” said Robert Prigge, Jumio president. “The actions of Mattes and Starkey that were the subject of the settlement were between shareholders and never impacted company operations. In fact, over the past few years, Jumio has proven itself as the leader in the identity-as-a-service market, as evidenced by our leadership team, innovative solutions and high-integrity business practices. We’ve verified over 170 million identities in more than 200 countries and territories worldwide and, in 2018, grew our customer count by 60 percent and sales volume by 70 percent (year over year). We’re extraordinarily proud of the company that we’ve created over the past few years.”
When identity matters, trust Jumio. Jumio’s 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 person’s online and real-world identities. Jumio’s end-to-end identity verification solutions fight fraud, maintain compliance and onboard good customers faster.
Leveraging advanced technology including augmented intelligence, 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 170 million identities issued by over 200 countries and territories from real-time web and mobile transactions. Jumio’s 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.