London-based startup named among new entrants to prestigious programme for fast-growing tech

Onfido, a leading provider of KYC solutions to the iGaming industry, was today named one of 26 new entrants to Tech City UK’s Future Fifty programme. The Future Fifty showcases and supports 50 of the country’s most pioneering growth stage companies, with the likes of Deliveroo and Transferwise already among its number.

Future Fifty companies have enjoyed phenomenal success since the programme began, demonstrating that the Tech City UK initiative is a real proving ground for the UK’s most talented entrepreneurs and their teams. Future Fifty alumni companies have now created 27,000 jobs and raised almost $4 bn in funding through venture capital and capital markets in the last 36 months.

Onfido was one of a cluster of FinTech companies joining the list this year. Founded in 2012 by three graduates from Oxford University, Onfido has since grown to a team of 145 across offices in London, San Francisco and Lisbon. The company secured Series B funding totalling $25 million for its Machine Learning-based KYC solution early last year, which is now used by over 1000 businesses worldwide.