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CEO of Veriff, Kaarel Kotkas

Veriff tipped to be Estonia’s 6th unicorn

The leading European digital technology association DIGITALEUROPE presented its shortlist of nominees for the Future Unicorn Award, which every year showcases Europe’s most promising scale-ups. One and only Estonian company among 20 finalists is Veriff.

“Today, only 12 per cent of the world’s unicorns are from Europe. This is nowhere near enough. At DIGITALEUROPE, we believe that at least a quarter of the world’s fastest-growing, most innovative companies should be European,” said Cecilia Bonefeld-Dahl, Director-General of DIGITALEUROPE.

Veriff verifies Paul is Paul

For Kaarel Kotkas, the co-founder and CEO of Veriff, the nomination is already an acknowledgement. “It shows that what we do is considered to be necessary. Veriff makes different services accessible via the internet that used to require a face-to-face meeting. With our technology, we build trust that allows any website and mobile application to match the person with a government-issued ID. This way, we’re able to verify if Paul is Paul in the virtual world as well.”

With the help of artificial intelligence, Veriff analyses thousands of technological and behavioural variables in seconds, verifying people from 190+ countries.

20 nominees

The 20 nominees, including innovative young companies working in digital health, renewable energy, cloud computing, fintech, and more, hail from all four corners of our continent and show the diversity of European innovation. The winner will be announced at Masters of Digital, DIGITALEUROPE’s flagship annual conference, on 4 February 2021.

A collaboration between national trade associations

The Future Unicorn Award is a collaboration between national trade associations affiliated with DIGITALEUROPE. Each national association nominates one small company from their country that has the potential to become Europe’s next tech leader. The Award is now being held for the fourth year in a row and is a testimony of the vital importance of SMEs in Europe and the wider digital ecosystem.

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