A decade in, what's next for UK-born digital identity verification software scale-up Onfido? CEO Mike Tuchen spills the beans

Tech.eu

Founded in London back in 2012, Onfido has become one of the global leaders in the digital identity verification and authentication services.

We caught up with Mike Tuchen, who joined the company almost three years ago after stints as CEO of companies like Rapid7 and Talend, and was brought on board to lead the scale-up and supercharge global growth.

Started with merely $30,000 in seed funding a decade ago, Onfido has raised more than $200 million in funding to date, and currently employs more than 600 staff around the globe.

According to Tuchen, revenue has reached well over $100 million a year, but getting the multi-national company to cashflow-positivity while maintaining healthy growth figures is one of his priorities.

We didn't only talk numbers though; Tuchen also went deep into Onfido's software, its positioning, how and why it uses artificial intelligence in its products, combatting bad actors and deepfakes, the war for talent, the company's recent acquisition of Airside, his take on the UK and European technology ecosystems, and much more.

You can also watch the interview directly on YouTube.