Digital id options firm Jumio introduced yesterday that Singapore car-sharing firm GetGo has chosen its know-how to assist onboard new drivers.
As one of many largest car-sharing companies in Singapore, GetGo seeks to supply a user-friendly on-line ecosystem that promotes shared and sustainable mobility. The corporate was based in 2020 to assist customers lease and share vehicles, enabling customers to e-book a automobile utilizing their cellphones. GetGo focuses on simplicity, flexibility, and accessibility. These three attributes add as much as one factor– buyer centricity.
As a way to assist drivers onboard to the GetGo platform, GetGo will leverage Jumio’s id verification instruments that leverage biometrics and AI to mechanically authenticate GetGo customers. Jumio will assist GetGo defend its fleet of 1,700 autos in opposition to theft by requiring drivers to supply a legitimate government-issued ID and a selfie. The partnership will scale back the time it takes GetGo clients to onboard right down to minutes.
“Jumio’s facial verification know-how permits GetGo to concurrently elevate its belief and security requirements whereas enhancing its buyer onboarding expertise,” mentioned GetGo Product Lead Lionel Fong. “GetGo seems to be ahead to a long-term partnership with Jumio in pushing the boundaries on bringing a dependable and frictionless verification expertise to the plenty.”
Jumio was based in 2010 and got here near collapse when it filed for chapter in 2016. After restructuring, Jumio bought to Centana Enterprise Companions, which acquired the corporate for $850,000 two months after its chapter submitting.
Jumio has come a good distance since its dip in 2016. The corporate has processed over one billion transactions from over 200 nations and territories. What’s extra, Jumio acquired KYC and anti-fraud options firm 4stop in 2021 and compliance agency Beam in 2020. The corporate’s most up-to-date funding spherical came about in March of 2021 when it closed a $150 million spherical from Nice Hill Companions, bringing its complete funding to $255 million.
Photograph by Lisa Fotios
