Jumio signed more new customers in Q2 than in any quarter in the company’s history as digital transformation initiatives became an economic necessity.
PALO ALTO, Calif., July 30 (Bernama-BUSINESS WIRE) —Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth in the company’s history. Jumio says its growth was spurred by financial services and healthcare organizations which were forced to accelerate digital transformation in light of the COVID-19 pandemic.
The second quarter was marked by a number of milestones for the company. Market trends shifting to telehealth and remote new account onboarding fuelled significant gains in new business growth, which collectively grew by more than 100% year-over-year. Moreover, business from Jumio’s ecosystem partners increased tenfold in Q2 over first quarter levels, which speaks to the growing importance of this emerging channel.