Socure, the leading platform for digital identity trust, announced it has landed two spots on the prestigious Forbes Fintech 50 List 2021. The exclusive list selects the world’s most innovative financial technology companies that are disrupting legacy financial institutions and vendors by changing how people access services and transact online.
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“While there are multiple point products available in the market, Socure is the only complete solution that meets the challenging demands of extremely high growth, low user friction, and low risk for the onboarding and identity engines at the top companies in the world.”
“We are excited to be showcased in the Forbes Top 50 Fintech Companies list as the leader in the identity verification and trust space,” said Johnny Ayers, Founder and CEO of Socure. “There was a reinvention of financial services that happened over the last year, from online brokerage, to digital assets, to lending, to card issuance, to new forms of credit like buy now, pay later. It’s logical that many of these trailblazers made this list, leading the innovation and scale for this new digital age. In order to scale and manage risk, these companies face similar challenges at account origination and transaction. Socure is the common denominator and essential technology powering this tremendous growth.”
Socure is listed in two categories on the Fintech 50, including the “Newcomers” and “The Future of Payments.” The company sits among 20 other fintechs also making debut appearances, and Socure is one of only 10 payments-focused fintechs to be recognized.
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“Socure is the industry-leading identity verification and trust platform,” said Aman Sharma, Partner at Capital One Ventures. “While there are multiple point products available in the market, Socure is the only complete solution that meets the challenging demands of extremely high growth, low user friction, and low risk for the onboarding and identity engines at the top companies in the world.”
Socure’s 2021 appearance on the Fintech 50 list comes shortly after several notable milestones, including explosive 113% year-over-year growth, a strategic investment by Capital One Ventures, key leadership hires, and a $100m Series D round led by Accel, which marked the company’s valuation surpassing a billion dollars.
To qualify for the sixth annual Fintech 50, startups must have either headquarters or substantial operations in the U.S. and be private as of the publication date.