Socure Promotes CRO Matthew Thompson to President and CCO Amid Global Expansion
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Socure promotes CRO Matthew Thompson to president and CCO amid global expansion. Socure, the artificial intelligence-first platform for global identity and risk decisioning, has promoted its chief revenue officer, Matthew Thompson, to president and chief commercial officer. Thompson will partner with Socure Founder and CEO Johnny Ayers to lead the company's global expansion, according to a Thursday (Dec. 11) press release emailed to PYMNTS. Under Thompson's leadership as CRO, Socure has been profitable for 10 months in a row, achieved 51% year-over-year revenue growth in the third quarter, and is on track to book over $100 million of new business in 2025, according to the release. During this period, the company also accelerated its evolution from an identity verification solution provider to a full end-to-end identity and risk-decisioning platform, the release said. Thompson played a key role in Socure's integration of the unified identity, fraud and risk decision engine Effectiv; the company's integration of the real-time buy now, pay later (BNPL) consumer credit database Qlarifi; and an international expansion that led to one-third of Socure's third-quarter deals being outside the United States, per the release. Ayers said in the release that Thompson "has consistently exceeded every expectation and stretch goal we've set in scaling Socure." "Matt is the right...
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