Internet Pioneers Join Forces to Launch Online and Mobile Payment Service Jumio

Most promising payment start-up of 2011 gathers worlds leading Internet experts from Google, Amazon and NASA. Jan. 27, 2011. Mountain View, CA: Jumio, the payment solution dubbed as one of the "hottest start-ups of 2011" and currently in the final stages of development announced parts of its high profile advisory board today. The board reads like a Who-Is-Who of Internet pioneers. "We are extremely pleased that our ideas and technology attract such talent. It shows me that we are right on track with our approach to make online and mobile payments easier and more secure,” says Daniel Mattes, founder and CEO of Jumio Inc. Mattes invited – amongst others - Internet pioneers Zain Khan (former Google executive), Mark Britto (former Amazon executive) and Maarten Linthorst (former NASA partner): Zain Khan, former Google executive known as the “Ops guy”, built Googles impressive infrastructure 1999 from the scratch. Zain, turned private investor, says about Jumio: “It's mainly the technological brilliance and the complexity that lies in this payment solution that excites a tech-person like me. Add a proven team and the product is bound to be successful." Mark Britto, board member of billmelater (acquired by eBay) and founder of accept.com (acquired by Amazon) was responsible for building the main payment infrastructure for Amazon, sees Jumio as the solution to one of the few remaining Internet problems: "The challenge of fully securing online payments has been an ongoing one. Jumio is perfectly prepared to solve the problem." Maarten Linthorst, who paved the way for the Internet as we know it back in 1969 for NASA when he interconnected the first two servers to become the ARPANET, who also developed the X25 protocol which is used for every credit card transaction worldwide, believes that "Jumio will revolutionize the way we think about online payment - both from a technological and a social point of view." Bjorn Evers, former CEO of one of the largest online gambling groups worldwide, sees "Jumio as a definite game changer and the answer to online payment fraud." Jumio's mission is to make payments simpler, faster, more convenient and - above all - more secure. "$191 billion are the annual costs caused by credit card fraud in the United States, time to act," says Mattes. And "With our advisory board of brilliant brains, we are well prepared."

Jumio is an online and mobile payment solution, currently in the final stages of development. Jumio Inc. is headquartered in Mountain View, California, the development center is situated in Austria. The company was founded in 2010 by Daniel Mattes and employs around 35 people, with plans for immediate expansion. Funding news and launch date to be announced shortly. More on blog.jumio.com

Jumio Inc.
1971 Landings Drive Mountain View
CA 94043
USA
press@jumio.com

This release was published on openPR.