Jumio Looks to Expand with New French Portfolio

Jumio is creating a new French portfolio in an effort to increase its appeal in French language markets. The company has also appointed Frederic Ly as its first sales leader for the region.

As sales leader, Ly will be asked to expand Jumio’s current clientele, and to oversee the formation of a new regional sales center that will work to deliver localized solutions for French financial institutions, telecoms, and other companies. Ly himself has more than 20 years of experience in technology sales, with previous career stops at Collective Thinking and Econocom.

Jumio is hoping that its French portfolio will allow it to meet the growing demand for digital identity verification solutions in the wake of COVID-19. In that regard, the company noted that the French government is planning a full digital transformation of its administrative procedures, an undertaking that is scheduled to be completed by 2022.

Of course, Jumio believes that it is well-positioned to facilitate that transition as a provider of selfie-based identity verification solutions. The company’s digital onboarding technology is compliant with the latest Anti-Money Laundering, Know Your Customer, and Strong Customer Authentication requirements. 

“We are excited to grow the team in France to better serve the needs of our local customers and partners,” said Jumio Chief Revenue Officer Dean Hickman-Smith. “Most industries have been swept up in digital transformation. Customer expectations are driving these changes — they want to be able to open a new account anytime, anywhere and in a matter of minutes.”

Jumio already has a strong presence in the UK, with a roster of partners that includes high-profile financial institutions like HSBC and Monzo in addition to newer startups like Lanistar. The company recently partnered with Mobiquity to try and reach banks and large enterprises that are looking to integrate biometric onboarding technology into their own branded offerings.

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July 2, 2020 – by Eric Weiss