FinTech

German identity verification provider IDnow is reporting significant UK growth, increasing its headcount and growing its order intake by 1400% since it launched in London and Manchester less than 12 months ago.

IDnow has made a number of significant hires from within the identity verification sector including Jo Schofield, Director of Customer Excellence, Ana Lucia Salazar, Sales Manager and Razia Ali, Account Manager.

The recruitment drive brings IDnow’s UK headcount to 10 across sites in Canary Wharf, London and most recently, it has established a presence in Manchester.

The firm reports a 249% increase in non-outbound enquiries over the past 12 months and order intakes rising by 1400%.

Roger Tyrzyk, Head of Sales UK and Ireland at IDnow, said: “We see the UK as a key market for achieving our overall global expansion plans, and as such, are investing heavily in our people, products and services.

“This growth and investment has enabled us to recruit some of the most knowledgeable and creative minds in the industry, which is testament to the value we see in our UK presence. Our 10-strong team will enable us to deliver our ambitious plans to become a leading identity verification player, both here in the UK and worldwide.”

Headquartered in Munich, IDnow’s hybrid approach to identity verification combines AI-based technology with human identity experts.

Its commitment to Britain is further supported by its recent confirmation that it is becoming a UK limited company. “Following continued growth and investment in the UK, becoming a Limited company was the natural next step for IDnow and reaffirms our commitment to the country,” concluded Roger.

IDnow covers a wide range of use cases both in regulated sectors in Europe and for completely new digital business models worldwide.

Its Identity Verification-as-a-Service (IVaaS) platform can be used in regulated sectors in Europe and for new digital business models worldwide.

Its portfolio of customers includes s Bank of Scotland, BNP Paribas, Telefonica Deutschland, Western Union as well as fintechs such as Fidor, N26, smava, and wefox.