Leading Socure's Public Sector Business to 105% YoY Growth in 2024, Thompson Will Drive Transformative Results Across Market Segments and Geographies

Socure, a leader in AI-driven digital identity verification, sanctions screening, and fraud prevention, has promoted Matt Thompson to Chief Revenue Officer (CRO). Previously serving as Senior Vice President and GM of the public sector business, Thompson will now lead all revenue-generating and partner-facing operations across Socure's commercial and government sectors.

• Matt Thompson's Promotion and Role

  • Matt Thompson is promoted from SVP and GM of Public Sector to CRO at Socure.
  • He will oversee revenue-generating functions across both commercial and government sectors.
  • Thompson joined Socure three years ago and significantly expanded the company’s presence in the public sector.
  • Under his leadership, Socure has grown to serve over 30 federal and state government agencies, as well as higher education institutions.

• Socure's Growth and Global Reach

  • Socure is experiencing significant growth, now serving over 2,500 customers across various industries.
  • The company’s global customer base spans more than 190 countries, reflecting its strong international presence.
  • Notable customers include Capital One, Citi, Chime, Robinhood, and multiple U.S. state governments.
  • Socure’s AI-powered platform is recognized for delivering accurate and inclusive identity verification and fraud prevention solutions.

• CEO's Praise for Thompson

  • Johnny Ayers, founder and CEO of Socure, praised Thompson's transformative leadership and dedication.
  • Ayers highlighted Thompson’s integrity, energy, and commitment to continuous learning as key factors in his promotion.
  • Thompson’s "Team of Teams" leadership approach has been instrumental in scaling Socure's public sector operations.

• Thompson's Vision and Experience

  • Thompson views his role as CRO as the culmination of nearly 15 years in the digital identity market.
  • He is committed to driving Socure's expansion into new verticals while strengthening its position in core markets.
  • Thompson’s experience includes roles at IDEMIA, co-founding ID.me, and positions at McKinsey & Company, Goldman Sachs, and Capital One.
  • He is also a U.S. Army veteran with four combat deployments, where he developed the "Team of Teams" leadership approach.

Matt Thompson's promotion to CRO at Socure marks a pivotal moment for the company as it continues its rapid growth. His leadership and experience will be crucial in driving Socure's expansion into new markets and reinforcing its position as a leader in digital identity verification and fraud prevention.