Company Overview
Checkin.com Group AB (CHECK:FN Stockholm) is a Swedish SaaS-company establishing a global internet standard for how users register, identify themselves and log-in online, collectively called “checkin.” The Group’s advanced technologies and innovations offer a unique end-to-end solution that reshapes how users are identified through AI-driven biometric and non-biometric technologies. The comprehensive framework gathers multiple specialized solutions that cover every aspect of a user’s checkin experience. Checkin.com handles more than a million sessions on a monthly basis.
The company focuses on enterprise level customers, mainly within the travel and fintech markets. The potential target market is much wider including all companies in regulated industries with a global user footprint. Checkin.com has a strong focus on capital efficient growth achieved by strong organic growth and strategic acquisitions. The company has its headquarters in Stockholm, Sweden, with U.S. operations based in Fayetteville, Arkansas. It operates and recruits globally to attract world-leading talent across the globe.
Fast Facts
- Founded in 2017, IPO 2021 with shares listed on Nasdaq First North Growth Market under the trading symbol, “CHECK.
- Headquarters in Stockholm, Sweden and operates and recruits globally to attract world-leading talent across the globe.
- Offices in Stockholm, Sweden; Tallinn, Estonia; and Fayetteville, Arkansas in the U.S.
- The company consists of about 60 employees working from 12 countries.
- Checkin.com Group has been granted two U.S. patents for its innovative software.
- Two acquisitions have been carried out, acquiring the companies GetID and Datacorp, both active in different parts of advanced AI with a focus on biometrics, computer vision and machine learning.
- At the end of 2023, the company had 126 revenue-generating customers and throughout the year handled more than a million sessions each month with end-users in 171 countries.
- The global market for checkins remains large, fragmented and unsaturated, which provides good opportunities for growth through additional acquisition of new customers. The company’s main verticals, financial services and travel & leisure, are both rapidly growing industries
- The user conversion increase, in combination with low initial costs and transparent SaaS pricing, means that the threshold for customers to try the company’s software is low.
Checkin.com´s Vision and Business Concept
Checkin.com´s vision is to change how end-users register, identify themselves and log-in with products and brands online. Its business concept is to offer end-to-end and individually adapted checkin solutions on a global scale that rapidly identifies customers while also increasing conversions for the company’s customers.
The travel industry
Checkin.com´s ID verification software is transforming the global passenger checkin process. Over the last few years, Checkin.com has focused on developing a frictionless and automated passenger verification journey, by letting passengers verify their identities and documents before even getting to the airport. By leveraging AI-driven systems, Checkin.com enhances passenger processing efficiency, reducing manual interventions and accelerating boarding procedures. Airlines receive verified information automatically, eliminating the need for passengers to swipe their passports at the airport and allowing them to proceed directly to the gate after the security check.
In addition to Checkin.com ́s ID verification tool, Checkin.com offers the capability to verify and validate visas in real time through integrated authorized sources. This feature further automates the checkin journey and enhances the passenger experience when traveling.
The Fintech industry
Checkin.com's software is revolutionizing the fintech industry by streamlining user onboarding and identity verification processes. By offering a seamless and efficient identity verification framework, it significantly reduces the time and effort required for new users to sign up, thereby increasing customer acquisition rates for fintech companies. This enhanced user experience leads to higher customer satisfaction and retention – crucial for the competitive fintech market.
Moreover, the software's advanced security features ensure full regulatory compliance and robust protection against fraud, a critical concern in the fintech industry. By utilizing state-of-the-art verification technologies, Checkin.com helps fintech companies maintain compliance with regulatory requirements and safeguard sensitive user data. This not only builds trust with customers but also reduces the risk of financial and reputational damage.
Senior Management Team
Kristoffer Cassel, Chairman
Christian Karlsson, CEO
Martin Bäuml, Chief Financial Officer
April Rae Mallord, General Manager U.S.
Social Media
LinkedIn: https://www.linkedin.com/company/checkincom
