ID-Pal’s Top 10 Stories of 2023 features some of our biggest announcements, appointment news, and award wins in 2023. Each story marks an important moment in ID-Pal’s journey, and it’s truly rewarding to bring all of these stories together as we conclude the year.
1. ID-Pal expands into the US
In 2023, ID-Pal launched in the United States, representing the pinnacle of the year’s accomplishments. Capitalising on a successful UK presence and Series A funding, the move into the US market solidified ID-Pal’s position as a leader in simplifying complex identity verification for businesses.
Read the full press release here.
2. ID-Pal appoints Sara West as commercial director
In January, Sara West took on the role of commercial director at ID-Pal, bringing a wealth of over 20 years of experience in the financial services and SaaS sectors. West’s appointment came at a pivotal moment for ID-Pal, following a phase of exponential growth where the company saw a notable increase in its customer base and team size in 2022.
Check out the announcement here.
3. ID-Pal recognised in Chartis Quadrant for KYC Solutions
ID-Pal was recognised in the Chartis Quadrant for KYC Solutions’ report, securing its position as a top Enterprise Solution and demonstrating its dedication to risk technology innovation. This commendation highlights ID-Pal’s proficiency in delivering scalable, adaptable, and integrative risk management tools that align with the dynamic requirements of global enterprises.
Read more here.
4. ID-Pal bolsters board with the appointment of Tim Murphy as chair
In a strategic move set to strengthen its governance and growth strategy, ID-Pal appointed Tim Murphy as its new independent Chairperson of the Board. Murphy, an initial investor and veteran board member, carries over three decades of expertise in scaling high-growth international companies, notably at Waystone and BNY Mellon.
Click here to read the appointment news.
5. RegTech Insight Awards USA:
ID-Pal proudly secured the award for Best Know Your Customer (KYC) Solution at the RegTech Insight Awards USA in November. The win came hot on the heels of ID-Pal’s successful launch in the United States, marking a notable achievement in the company’s global expansion journey.
Click here to read the press release.
6. ID-Pal Joins the RegTech100 for the Third Time
In December, ID-Pal announced our inclusion in the prestigious RegTech100 list for 2024, marking the third time ID-Pal has been recognised amongst the top 100 companies in the regulatory technology sector. For ID-Pal, this is a confirmation of our role as a frontrunner in the field, offering groundbreaking solutions that set industry standards.
Check out the full article here.
7. ID-Pal ranks 16th in the 2023 Deloitte Technology Fast 50 and takes home FSI award
ID-Pal ranked 16th at the 2023 Deloitte Technology Fast 50 Awards on November 30th, one of Ireland’s foremost technology award programmes and took home the Financial Services Innovation (FSI) Award, in association with Financial Services Ireland. ID-Pal’s position in the Deloitte Fast 50 ranking reflects the exceptional growth and commercial achievements the company has realised over the past four years.
Read more here.
8. ID-Pal makes LinkedIn’s Top 10 Startups List:
ID-Pal was recognised by LinkedIn in Ireland’s Top Startups in 2023, a reflection of its robust growth trajectory and innovative approach. The company’s deliberate expansion into the UK and US territories aligns with the surging demand for sophisticated identity verification solutions that effectively combat the threat of identity fraud.
Read the full story here.
9. ID-Pal joins CyberTech100 list for 2023
Back in Spring, ID-Pal earned a distinguished spot on the esteemed CyberTech100 list for 2023, confirming its status as one of the leading identity verification providers in the global cybersecurity space. The honour, presented by FinTech Global, underscores the solution’s adeptness at enhancing the cyber defences of financial institutions through advanced identity verification technology.
Check out the article here.
10. ID-Pal wins ‘Innovation in Legal Services’ at British Legal Technology Awards
ID-Pal marked another pivotal point in 2023 by winning the ‘Innovation in Legal Services’ award at the British Legal Technology Awards hosted by Netlaw Media. The award by the British Legal Technology Awards team is particularly noteworthy given that it was ID-Pal’s inaugural entry and nomination in a legal industry award.
Click here to read more about the win.
Find out more about everything ID-Pal has been up to here.
