2021: Year in Review
20 Dec 2021
As we’re nearing the end of 2021 and preparing to enter 2022, it’s a perfect time to take a moment and reflect on the events of the old year. 2021 was a truly remarkable year for GetID in so many ways! Let’s turn back in time and remember the brightest moments of this year.
GetID becomes a part of Checkin.com Group
Checkin.com Group, a Swedish technology company developing a new internet standard for user onboarding, acquired all shares in the Estonian identity verification solution GetID in August 2021. The sum of investment corresponded to GetID’s market evaluation at $9.5 million. GetID’s Founder and CEO, Dmitri Laush, continued to lead the company.
From L to R: Kristoffer Cassel (CEO and co-founder of Checkin.com Group) and Dmitri Laush (CEO and co-founder of GetID)
“We strongly believe in the synergies this deal creates and we look forward to continuing our journey under the Checkin.com Group umbrella. Foremost we share their overall vision and believe that we when working together, have a very good shot at radically changing how users check in to products and services. This feels like a perfect match, which is also why I chose to transfer 100% of my ownership in GetID to long-term ownership in Checkin.com Group.” – said Dmitri Laush.
“GetID is a rapidly growing tech company with a fantastic team that in a relatively short time frame has built innovative and leading software based on AI for image recognition applied within face matching and reading of physical documents. I believe that their technology product-wise is far ahead of their competitors and we are thrilled that such a prominent team wants to be part of Checkin.com Group going forward”, comments Kristoffer Cassel, CEO and co-founder of Checkin.com Group.
Back on the road: Dubai, Amsterdam, Limassol
This year many conferences came back after the period of lockdowns. GetID team attended the iFX Expo in Dubai and Limassol, and Money 20/20 in Amsterdam.
We were really excited to be back at the expo and trade events for several reasons.
Firstly, we’ve been further developing our Identity Verification platform. We’ve made dozens of serious improvements and upgrades, and launched several products since our last expo show back at the beginning of 2020.
Secondly, during the period of several lockdowns, the offline events weren’t happening.
GetID team at IFX EXPO Dubai. From L to R: Alex Arhipov (Business Development), Dmitri Laush (CEO & Co-founder), Vladimir Popov (Head of Product)
So, our team was really excited to attend the trade shows again. And it seemed that other attendees were also missing the offline events and real human interaction.
And it was rewarding to see that GetID product – a combination of unique features, ease of integration and use, paired with speed and accuracy – got a lot of audience attention and strong positive feedback.
Overall, all the shows were really successful. We made a lot of new connections and partnerships.
GetID team (L to R): Dmitri Laush (CEO & Founder), Alex Arhipov (Business Development Executive), Vladimir Popov (Head of Product)
New products and service updates
KYC Flow Builder
Earlier this year we launched KYC flow builder, a powerful tool that helps automate and personalize online KYC and identity verification procedures according to specific regulatory requirements.
Essentially, KYC Flow Builder simplifies the setup of KYC process automation. What gains will you get from using the Flow Builder?
- The ease and flexibility of integration that saves you a lot of time
- Possibility to setup multiple verification flows
- Cross-platform solution
- Customization of visual appearance of the user journey
More Product Features and Some Stats
Increased digitization has propelled the adoption and usage of identity verification in the online environment. From our own experience, we can see that IDV solutions find more application in various fields, ranging from financial companies to marketplaces and aviation.
Ease of use, fast integration, great flexibility, speed and accuracy have been our main goals in the product development process. Fortunately, this didn’t go unnoticed by people who were looking for or evaluating Identity Verification services.
Now our platform users have more flexibility than ever before. With many options for integration and advanced customization, users can easily set up the system according to their specific needs, have more control, and receive more precise verification results.
We’re sincerely grateful that we’re able to help our customers in different ways, be it compliance, fraud prevention, or onboarding optimization.
Curious to know more about some of them? We’ve made a series of case studies where we describe different companies, the nature of their business, the types of challenges they had, and how we’ve been able to help them.
We’ve got a lot of exciting things coming up in 2022. Stay tuned for more news!