Published 2025-02-05 07:30
Checkin.com Group (STO:CHECK) has signed an agreement with leading multinational telecommunications company Ooredoo. The Qatari company, which was founded back in 1987, is today one of the world’s leading telecommunications companies operating in several countries across the Middle East, North Africa, and Southeast Asia. Ooredoo will identify new customers using Checkin.com Group’s software, utilizing methods such as ID scanning and biometric face recognition.
Regulatory reforms have reshaped the telecommunications industry during recent years, especially regarding SIM-cards and user identity on a global scale. Checkin.com Group expects this regulatory trend to continue going forward.
“We are proud to sign such an Enterprise level telecommunications company as Ooredoo. I am convinced that this cooperation will be a great fit as we are both companies in the forefront, and Ooredoo were, among other things, the first operator in the world to launch a live 5G network. The agreement also marks a significant breakthrough for us in a growing customer vertical. The telecommunications industry is facing strong regulatory winds, especially when it comes to identifying users of SIM-cards, and seems to be ready to embrace the possibilities offered by biometry and face recognition to improve the experience of their users”, comments Michelle Roswall, Head of Sales at Checkin.com Group.
The cooperation has three main objectives:
“We are excited to announce our collaboration with a leading digital partner to revolutionize the customer onboarding experience. By leveraging cutting-edge technology, we aim to enable seamless onboarding processes that accommodate a wide range of passports and identification methods from around the world. This partnership underscores our commitment to delivering user-friendly solutions that enhance accessibility and drive global engagement”, says Mr. Essa Haider, CTO of Ooredoo Kuwait.
The agreement marks an important step for Checkin.com in a growing vertical, even though the financial impact of the agreement itself is assessed to be limited during the coming quarters.
Ooredoo has over 12,000 team members around the world and a global customer base of about 58 million customers. The company’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.
For further information, please contact:
Jonas Köpniwsky, Head of Communications Checkin.com Group, [email protected]
Certified Adviser
Checkin.com Group’s Certified Adviser is Carnegie Investment Bank AB (publ).
About Checkin.com Group
Checkin.com Group, founded in 2017, specializes in creating secure digital environments by helping businesses establish who is on the other side of the screen. The company’s advanced KYC solutions streamline user registration, identification and login processes while also ensuring that their Enterprise and SME customers meet strict regulatory standards. This is achieved through a variety of advanced technologies that in real time verify user identities, assess ages, and scan official documents with high accuracy. The software also features biometric technologies to provide an extra layer of fraud prevention while enabling seamless experiences for end-users.
By offering a smooth and secure experience for users and flexibility and customer-focus for partners, the software drives both user trust and business growth. The Group is headquartered in Stockholm, Sweden, but operates and recruits globally to attract world-leading talent.
Checkin.com Group’s share is since 2021 listed on Nasdaq First North Growth Market under the trading symbol "CHECK”. The company creates shareholder value through organic growth and strategic acquisitions.
For more information about the company visit: https://group.checkin.com/investors/