The new office will support European customers given the increased demand for trusted identity services, particularly from the financial services and mobility sectors.
In a press release, chief executive officer Mike Tuchen said: “Benelux is a growing hotbed of international fintech activity that requires robust identity verification for Know Your Customer. This has been an area of growth for Onfido and we’re committed to providing the best possible service to our existing customers, as well as growing our business in the region. The establishment of our Netherlands office reflects this, and the significant potential that comes with the rate of innovation across all the Benelux markets.”
Onfido’s global head of fraud and general manager for the Netherlands, Michael Van Gestel, also commented: “Identity fraud is on the rise, and has been exacerbated by the Covid-19 pandemic. Our latest Identity Fraud Report highlighted a 41% increase in ID fraud attempts over the previous year, and with more consumers continuing to turn to digital services, we anticipate that this trend will continue.”