Fresh today, we’ve been selected to the Red Herring Top 100 leading private companies in North America, in recognition for our innovative payments and ID verification products and progress in the market. Wohoo! Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation and intellectual property, management quality, business model, customer footprint, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to compile a list of the most promising new business models in North America.
Here’s what Daniel Mattes, Jumio Founder, said: “We’re honored that Red Herring recognized Jumio for our advancements as we look to fundamentally change the way people make payments or verify their identity on mobile and other connected devices. Consumers want convenient, safe ways to transact online and merchants want to reduce the risk of fraudulent activity. This award validates the advancements we’ve made to provide technologies that meet both of these demands.”