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Verifi ranks high in Deloitte Fast 500

For Immediate Release


Verifi Identity Services Ranked Number 281 Fastest Growing Technology Company on the Deloitte Technology Fast 500™ Asia Pacific 2019.

Attributes its 253% Percent Revenue Growth to the demand for innovative RegTech products such as Cloudcheck.

Auckland, New Zealand, 16 December 2019 – Verifi Identity Services today announced that it ranked Number 281 on the Deloitte Technology Fast 500™ Asia Pacific 2019, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Verifi Identity Services grew 253% during this period.

This is second successive year that Verifi Identity Services has made the Deloitte Technology Fast 500™ Asia Pacific list.

Verifi Identity Services’ Managing Director, Vincent McCartney, credits its growth on the continuing demand for innovative RegTech products such as Cloudcheck. He said, "An ever-increasing number of companies captured by New Zealand’s Anti-Money laundering legislation are realising that by using Cloudcheck they can streamline their customer onboarding, increase revenue, reduce costs and improve their overall customer experience.

To place 281st in Asia Pacific, on the back last year’s 154th place, is an outstanding achievement and shows just how much New Zealand companies are continuing to embrace our innovative Cloudcheck service. Whether its to meet their AML/CFT obligations or to ensure their customers are old enough to buy their products, New Zealand companies are embracing technology.”

“Success in the technology sector requires a special mix of innovation, creativity and leadership,” said Mike Horne, Asia Pacific Deloitte Private Leader. “With its 253% growth rate over three years, Verifi Identity Services has shown that they have what it takes to create and sustain success.”

Deloitte Technology Fast 500™ Asia Pacific selection and qualifications

The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About Verifi Identity Services

Verifi Identity Services Limited (“Verifi”) is a leading provider of online electronic identity verification (“EV”) solutions for companies requiring real-time online verification of their customers.

Verifi was founded in 2012 in Auckland, New Zealand by legal and financial services professionals Tyler McNamee and Vincent McCartney, and interactive pioneers Karl von Randow and Matthew Buchanan of Cactuslab. Together they provide over 30 years of global financial services experience and 30 years of modern, functional and accessible web solutions. Please see www.verifidentity.com for more information.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms and their affiliated entities are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Shanghai, Singapore, Sydney, Taipei and Tokyo.

Deloitte Private is the brand under which firms in the Deloitte network provide services to privately owned entities and high-net-worth individuals.

© 2019. For information, contact Deloitte Touche Tohmatsu Limited.


ends

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