November 18 2022
iProov, the world leader in face biometric verification and authentication technology, announced today that it has been recognized by Deloitte as one of the fastest growing technology companies in the UK for the third year in a row. iProov landed on the 2022 Deloitte Technology Fast 50 list at number 41, with a 966% growth rate within a four-year period.
The Deloitte Fast 50 is one of the UK’s foremost technology awards programs. Now in its 25th year, the awards celebrate innovation and entrepreneurship by highlighting the companies that are successfully bringing ideas to market. This year’s ranking is based upon revenue growth from 2018 to 2021.
“Being one of the fastest growing technology companies in the UK is an impressive accomplishment. We commend iProov for making the Deloitte UK Technology Fast 50 with a phenomenal 966% growth rate over four years,” said Duncan Down, Deloitte’s technology partner for London.
iProov experienced a huge worldwide increase in demand for its services in 2021, adding new customers including the Australian Taxation Office, Jumio, and itsme. Revenue for 2021 tripled the previous year’s results, marking a major milestone for the company. During a single 10-day period in 2021, online verifications surpassed the number achieved in the whole of 2020. In addition, iProov delivered more than 1 million verifications in a single day several times throughout the year.
“It is a substantial achievement for any organization to rank as one of the fastest growing companies in the UK, but to do so three years running is quite remarkable,” said Andrew Bud, founder and CEO at iProov. “iProov’s continued growth reflects the increase in demand for biometric face verification as a way of keeping people safe online. Government agencies, banks, travel providers and other organizations have concluded that no other online identity verification technology can match the levels of security, usability and performance that we offer. We’re delighted to be recognized by Deloitte again this year, and it’s a great tribute to all the iProov staff who made it happen.”
If you’re interested in knowing more about iProov’s technology, you can request a demo here.