Companies join to advance identity verification and develop a smarter, larger trust network

Incode Technologies Inc., a global leader in identity verification, has acquired MetaMap, a Silicon Valley-based identity verification company. This strategic acquisition positions Incode as a powerhouse in the identity verification market, poised to tackle emerging opportunities and evolving challenges in digital identity.

Key Points

1. Strategic Acquisition

   • Incode's acquisition of MetaMap creates a formidable entity with enhanced capabilities in identity verification.
   • Ricardo Amper, CEO of Incode, highlights the synergies between the two companies, emphasizing the integration of MetaMap's innovative approach and scalable growth engine.

2. Leadership Transition

   • Filip Victor, founder of MetaMap, steps down from his role, while COO Meghna Mann assumes the position of CEO.
   • Meghna Mann expresses excitement about the partnership, underscoring Incode's leadership in technology and customer-centricity.

3. Combining Expertise

   • Incode's AI-first identity orchestration platform boasts industry-leading accuracy and a seamless user experience.
   • MetaMap's platform enables businesses to make better risk decisions through predictive analytics and comprehensive user data.

4. Benefits of the Acquisition

   • Smarter Trust Network: The acquisition creates a robust network with millions of identities, enhancing identity verification services globally.
   • Scale and Efficiency: Incode's enterprise strength combined with MetaMap's midmarket expertise expands market share across North America, Latin America, and Africa.
   • Commitment to Innovation: The combined capabilities drive innovation in identity verification, particularly in combating AI-enabled fraud. Incode's personhood and injection protection technology complement MetaMap's optimization approach.

The acquisition of MetaMap by Incode Technologies marks a significant advancement in the field of identity verification. With a focus on innovation, scalability, and security, the combined company is poised to redefine digital interactions, making them safer, more informed, and more reliable than ever before.