FinovateEurope 2021 / iProov
Presenter Profile:
How they describe themselves: iProov creates digital trust with our strong biometric authentication solution. Our approach to verification achieves unmatched security through its resistance to identity spoofing, including attacks using synthetic media such as deepfakes. iProov is used for secure customer onboarding and repeat authentication, as well as rebinding. We have achieved wide recognition globally and our products are being used by governments and banks worldwide.
How they describe their product/innovation: Flexible Authentication combines two iProov innovations – Genuine Presence Assurance and Liveness Assurance – to give banks, insurers and other regulated businesses the ability to adapt to the risk profile of a given scenario. Instead of having to choose a high security or lower security biometric authentication solution, Flexible Authentication enables the appropriate level of verification to be applied.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts
Bus. Dev.: contact@iproov.com
Press: Connor Mitchell, Tyto PR, connor.mitchell@tytopr.com, +44 756 411 4624
Website: iproov.com
LinkedIn: linkedin.com/company/iproov
Twitter: @iproov
HQ: London, UK
Founded: November 2011
Product Demoed: Flexible Authentication
Metrics: We are a team of 74, based in London, Maryland, and Singapore. We are already cash flow positive and doubled our customer base and revenue between November 2019 and 2020. We have received funding from the EU and have been awarded grants by Innovate UK.
Actively Seeking Capital: No
Presenter: Andrew Bud, CEO & Founder
- Key Executives
Andrew Bud (CEO & Founder), Dominic Forrest (CTO), Joe Palmer (Technical Director), Matthew Pearch (Commercial Director), Dr. Andrew Newell (Research Director), Aarti Samani (Product & Marketing Director), Luke Moore (SVP Revenue)
Key Stats
- Key Board Members
Andrew Bud (Chairman), Peter Sugarman (Non-Executive Director & COO, JRJ Group), Eddie Alleyn (Non-Executive Director & Former Chairman, HMGCC)
- Key Investors
Jeremy Isaacs (JRJ Group), Roger Nagioff (JRJ Group), Peter Sugarman (JRJ Group), Dr. Jordan Giddings (UK Government), Patrick Ryan (fmr. CEO & Founder, KYCnet/Equiniti)
- Key Advisory Board Members
Professor Angela Sasse (Chief Scientific Advisor, UCL)
- Key Partnerships
Acuant, Blue Prism, Evernym, IDV Pacific, iiDENTIFii, InnoValor, Mvine, NorthRow, Regula, Thirdfort, Toppan Ecquaria, TRUSTDOCK, Worldline, WorldReach Software
- Key Customers
Rabobank, ING, Knab Bank, Standard Bank, DBS Bank (via GovTech Singapore), the UK Home Office, the NHS, the US Department of Homeland Security, Eurostar