The Financial Times Awards Prove as the 26th Fastest-Growing Technology Company in the Americas
New York, New York, April 6, 2022 - Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced that for the third consecutive year, it has been recognized as part of The Financial Times’ list of The Americas’ Fastest Growing Companies 2022. This prestigious award is presented by The Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider.
Prove’s phone-centric identity solutions are powered by the Prove Identity Network, the world’s largest network of privacy-preserving reusable identities. Through its award-winning technology, Prove helps companies reduce friction, enhance security and privacy, and mitigate fraud while reducing operating expenses. The company ranked #26 among technology companies on the list of 500 companies. This award recognition follows a period of strong exponential growth and corporate momentum for Prove, as the company grew its revenue by 671% from 2017 to 2020 and headcount by 279% from 2019 to 2021.
“We are honored to be recognized yet again for our growth and innovation on the Financial Times’ list of The Americas’ Fastest Growing Companies,” said Rodger Desai, Chief Executive Officer and Co-Founder of Prove. “2022 is proving to be an inflection point for digital identity, and it's become clear - both because of high incidences of fraud and an emphasis on digital experiences - that companies need to prioritize advanced identity technology and reusable identity frameworks to solve for these issues. As the sector grows, and the internet deals with its current identity crisis, more leading banks, cryptocurrency exchanges, and retailers than ever are turning to Prove.”
The FT’s “Americas’ Fastest Growing Companies” comprises enterprises that contribute most heavily to economic growth. 500 companies are featured on the list, which was announced online on April 5, 2022, and can currently be viewed on the FT website.
Prove’s solutions are used by more than 1,000 businesses across diversified industries, including 8 of the top 10 banks, 3 of the top 5 retailers, 2 of the top 3 cryptocurrency exchanges, 2 of the top 3 healthcare companies, and 6 of the top 10 insurance companies in the US.
About Prove
As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries, including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. For the latest updates from Prove, follow us on LinkedIn.
PR Contact:
pr@prove.com
Keep reading
Read the article: Prove Launches Unified Authentication Solution with Passive, Persistent Customer RecognitionNew solution delivers measurable ROI by replacing SMS OTPs and mitigating SIM swap fraud – cutting costs, reducing abandonment, and enabling seamless customer experiences across channels.
Read the article: A Watershed Moment for Digital Banking: FDIC's New Stance on Pre-Filled Data Paves the Way for a Safer, Faster FutureIn this blog, we detail how the FDIC's new guidance, influenced by Prove's advocacy, allows banks to use pre-filled customer data for CIP. This change, empowering solutions like Prove Pre-fill®, significantly reduces friction, enhances security, and improves financial inclusion in digital banking by streamlining account opening and combating fraud.
Read the article: The Anatomy of a Systemic Failure: The U.S. Banking System as a Conduit for Transnational CrimeThe U.S. banking system is a conduit for transnational crime, with systemic failures in identity verification and a lack of oversight, enabling fraud and money laundering. Read Prove’s call to action for the financial industry.
