One of BC’s Top Employers has opened an office in Toronto.
GeoComply, a leading provider of cutting-edge anti-fraud and geolocation solutions, officially opened a new Toronto office this week.
The expansion is a testament to the success of Ontario’s open and competitive iGaming market and the positive impact it has had on Canadian business.
In 2022-2023, the regulated iGaming industry in Ontario contributed $1.58 billion to the GDP, supported 12,072 full-time jobs, and generated $523 million in government revenues.
Founded in 2011 and recently anointed a unicorn, GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and help verify a user’s true digital identity.
RELATED: GeoComply is hiring in Toronto
Trusted by leading brands and regulators for the past 10 years, the company’s fraud and compliance solutions are approved by dozens of regulators, are installed on over 400 million devices and analyze over 10 billion transactions a year.
GeoComply has been in hyper-growth over the last four years and in 2022 passed USD $100 million in annual revenue.
Earlier this year global sports streaming leader DAZN chose GeoComply to safeguard its premium sports content. With over 20 million premium paying subscribers across 200 markets, DAZN’s business model depends on ensuring price differentiation across their global user base.