You buy. You sell. And Jumio Inc. offers next generation online and mobile credit card payments validation and ID verification products for retailers, financial institutions and governmental agencies. Designed to increase revenue, reduce fraud, and streamline customer experiences, Jumio utilizes patent-pending computer vision technology that will change the way we handle payments. Exciting times to validate and facilitate transactions while providing unprecedented levels of consumer convenience and data security. Jumio’s Netswipe enables customers to scan their cards in online and mobile checkout resulting in increased revenue and reduced fraud for the merchants. Netverify supports real-time ID verification in over 60 countries to help clients meet a variety of know-your-customer requirements. The company was founded in 2010 by CEO Daniel Mattes and is making everything in between a lot easier. We are currently in the development stage of creating a new backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates globally with offices in the US, Europe and Asia.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 03/01/11 | Series A | 6.5M | Unknown | |
| 01/01/12 | Other | 25.5M | Unknown |