NEWS | Onfido doubles revenues in 2017

October 3, 2018 Niamh Cassidy

More good news from Onfido HQ! Our revenues accelerated by 118% in 2017.

From 2015 to 2016 we grew revenues by over 475%, so we're very proud to have seen another strong year of growth in 2017. Onfido's scaling rapidly, and healthy revenue growth is key to making that happen. So we’re particularly excited to share this news about our growth—but it's just one of many milestones we’ve celebrated this year.

We’ve also entered new global markets. When we raised $30m in funding last year, we said expansion was one of our focus areas for the investment. Today we have offices in London, Lisbon, San Francisco, New York, New Delhi and Singapore, with plans to open more locations in the next 12 months.

Our team’s grown, too. We now have more than 200 startup professional from all walks of life, including some of the world’s most prestigious technology executives.

And that’s aside from the amazing new clients we've partnered with, including the likes of Bitstamp, Indiegogo, Remitly, Bunq and Nickel.

Onfido is first and foremost a technology company—and building truly great tech takes time, effort and investment. We're only just getting started. Revenue growth enables us to drive even more investment into our product which is what matters most to our partners.

 Our vision is an open world where identity is the key to access. Thanks to our continuing growth, we’re one step closer to realising that.

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