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BioCatch reports big sales milestone in fiscal 2023
Nov. 20, 2023, 3 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Having reportedly passed $100 million in annual recurring revenue, behavioral biometric anti-fraud firm BioCatch has been knighted with so-called centaur status. Centaur is a performance metric the way unicorn is a valuation metric.
Executives with closely held BioCatch says the company's annual recurring revenue September 30 had grown 51 percent compared to the same date last year, reaching $100 million. They said acceptance of its product portfolio Connect propelled revenue sharply up.
The company predicts it will achieve positive …
anti-fraud behavioral biometrics big biocatch biometric biometrics biometrics news called executives financial results fraud metric milestone performance reports revenue sales september the company trade notes unicorn valuation
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