Future 50 retrospective: Proof pushing the boundaries works.
Year founded: 2009
Future 50 class: 2013
The company was founded in 2009 and now supports customers in 22 countries on five continents. Semafone is vertical agnostic and its extensive customer base includes companies such as AO, AXA, The British Heart Foundation, Rogers Communications, Santander, Sky, TalkTalk and parts of the Virgin Group.
“Looking back to 2013 when we were featured in the Future 50 list, Semafone had already been operating for four years, but we were still very much having to educate the industry about the importance of securing card payments made over the phone,” said CEO Tim Critchley
“Four years on, and the need for strong data security has only become more important for companies across the globe. Legislation such as the EU GDPR and Investigatory Powers Act is making information security and privacy an incredibly complex process for businesses.
“Thanks to this, and combined with the US introduction of Chip and PIN payments, Semafone has been perfectly positioned to not only grow the business here in the UK, but also to open our North American headquarters in Boston. In fact, in just the first six months of the US office being operational we signed three significant new customer deals worth $7.5m.”