November 8, 2023 (Vancouver, BC) – GeoComply Solutions Inc. (“GeoComply”), a leading provider of cutting-edge anti-fraud and geolocation solutions, today announced it was honored as an Enterprise—Industry leaders award winner as part of the 2023 Technology Fast 50™ program. Celebrating its 26th anniversary, the award recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation. This leadership category is open to companies that recorded a minimum revenue of $10 million in 2019 and $50 million in 2022.
GeoComply Co-Founder and CEO Anna Sainsbury credits the company’s 691% growth to its industry leadership and unwavering commitment to ensure its partners can grow their businesses.
“I’m very proud of our team for being ranked 4th on this list,” said Sainsbury. “As the sectors we support change and evolve, so does GeoComply’s approach to creating solutions that enable our customer’s success. Our technology and services are leading to the growth of sustainable and responsible industries that adhere to the highest standards of regulatory compliance.”
“This year’s Enterprise—Industry leaders winners represent a high level of excellence and success as members of Canada’s elite in the technology sector,” stated Anders McKenzie, partner and national leader for the Technology Fast 50™ program. “With their bold vision for the future, impactful technologies, competitive drive, and passion for pushing the boundaries, these winners catapult Canadian innovation forward nationally and on the global stage. No doubt their successes are a source of pride and inspiration for all tech entrepreneurs.”
About the Technology Fast 50™ program
The Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating its 26th anniversary, the program recognizes business growth, innovation, and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise—Industry leaders, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. The 2023 program sponsors include RBCx, Osler, EDC, CCI, TMX, Clarity, and Lafond. For further information, visit www.fast50.ca.
GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user’s true digital identity. Trusted by leading brands and regulators for over a decade, the company’s geolocation solutions are installed on over 400 million devices and analyze over one billion transactions every month.
Our award-winning products are based on the technologies developed for the highly regulated and complex US online gaming and sports betting market. Beyond iGaming, GeoComply provides geolocation fraud detection solutions for streaming video broadcasters and the online banking, payments and cryptocurrency industries, building an impressive list of customers, including Akamai, Amazon Prime Video, BBC, BetMGM, DraftKings, FanDuel, and Sightline.