February 21st, 2013

Jumio Brings Identity Verification To Mobile Apps – Just Hold Up Your ID To The Camera

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Jumio, the Andreessen Horowitz-backed mobile payments and ID-scanning startup, is today releasing a new version of its Netverify product designed specifically for mobile devices, both smartphones and tablets. Netverify Mobile, as it’s called, will allow app publishers to authenticate their customers’ identities via their driver’s license, passport or other ID card. → Read More

October 3rd, 2012

Jumio’s Credit Card Scanning Technology Pops Up in Travelocity’s Hotel Deals App

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Jumio, the computer vision startup backed by $32 million in funding from Andreessen Horowitz, Eduardo Saverin and others, is today announcing the first travel application to integrate its Netswipe technology. The app involved is the recently launched Hotel Deals by lastminute.com from Travelocity, which now allows users to hold up their credit card to their phone’s camera in order to pay at… → Read More

May 16th, 2012

Mobile Payments Startup Jumio Takes On Card.io With Credit Card Scanning Toolkit For App Developers

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Mobile payments and identity verification company Jumio is introducing its Netswipe Mobile SDK today, which allows developers to add credit card scanning functionality to their mobile applications. The SDK (software development kit), is available now for iOS, but an Android version is coming soon, the company says.

To jump start usage, Jumio is also waiving transaction fees for the SDK’s… → Read More

May 10th, 2012

Payments And Online ID Verification Company Jumio Nabs Strategic Investment From Citi Ventures

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Mobile and online payments and ID verification startup Jumio has received an additional Series B investment led by Citi Ventures, a unit of global financial services company Citi. The funding follows Jumio’s $25.5 million Series B from March, led by Andreessen Horowitz. Although Citi’s investment amount is not being disclosed, to date, Jumio has raised $35.4 million in funding.

Other… → Read More

March 22nd, 2012

Taking On Rival Jumio, Payments Startup Card.io Adds Web Support

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Card.io, the mobile payments startup which recently partnered with PayPal on the company’s new Square rival PayPal Here, has some big news: it’s no longer a “mobile” payments startup. That’s right – Card.io is now available for the web, too. With the launch of Card.io Webscan, as it’s being called, web developers can access the company’s card-reading technology which “sees” your credit or debit… → Read More

March 5th, 2012

Payments Company Jumio Raises $25.5M From Andreessen Horowitz; Will Hit $100M In 2012 Revenue

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Disruptive mobile and online payments startup Jumio has raised $25.5 million in Series B funding led by Andreessen Horowitz. The firm’s General Partner Scott Weiss has joined Jumio’s board of directors. Jumio’s earlier investors include Facebook co-founder Eduardo Saverin Peng T. Ong, partner at GSR Ventures and founder of Match.com and Vivek Ranadivé, founder of TIBCO. Founded by Daniel→ Read More

January 12th, 2012

Digital Payments Innovator Jumio Raises $25.5 Million

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Kicking off the new year with a fresh wad of cash: according to an SEC filing, mobile and online payments startup Jumio has raised $25.5 million in funding on top of the $6.5 million it raised from Facebook co-founder Eduardo Saverin – and others – back in March 2011.

Jumio confirmed the financing round but declined to provide more details (which investors participated and what they plan to use… → Read More

July 26th, 2011

Jumio Turns Webcams Into Credit Card Readers – And Why Merchants Will Welcome ‘Netswipers’

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If it were up to Jumio, we’re all going to be ‘netswiping’ to purchase books, clothes, travel, FarmVille crops and whatnot online in a couple of years. The startup has been extensively testing its digital payments service in private beta mode since last year, when Jajah founder Daniel Mattes started teasing whatever they were building.

The startup has since assembled an impressive advisory… → Read More

March 17th, 2011

Exclusive: Facebook Co-Founder Eduardo Saverin Leads $6.5M Round For Jumio

Jumio is still gearing up for the launch of its online and mobile payments solution, due for release in 6 to 8 weeks, but the company has lined up an investor that is sure to draw even more attention to the stealth startup than the recent appointment of Google, Amazon and NASA vets to its board of directors.

Eduardo Saverin, who will forever be remembered as the co-founder of Facebook, has taken… → Read More

January 27th, 2011

Google, Amazon Vets Bank On Jumio To Revolutionize Mobile Payments

Much of what Jumio is building is still very unclear, but chances are this will become one of the hottest startups in 2011, and not just because they hire opera singers to tease their upcoming mobile payments product.

This morning, the company announced part of its advisory board, also revealing that its payment solution is now in the final stages of development.

The advisory board includes… → Read More

December 24th, 2010

Jajah Founder Taps Opera Singer To Tease New Mobile Payments Startup Jumio

After selling his latest company, Jajah, to Telefonica for $207 million a year ago, co-founder Daniel Mattes has set his sights on the electronic payments market.

Mattes, who has apparently been baptized the “Bill Gates of the Alps”, has started a new company called Jumio. → Read More