Trust Stamp (IDAI) announced that it has reached 100 financial institutions on its low-code Orchestration Layer. Trust Stamp President Andrew Gowasack, commented, “Today marks a watershed moment in our commercial journey. Reaching 100 financial institutions is a significant milestone, but the underlying data tells the real story. We are seeing accelerating adoption, deepening commitment from our largest clients, and dramatic increases in transactional volume. This is the operational leverage and growth we have been working diligently to build, and I am delighted to share these results with our shareholders.” Additionally, the company stated that it has executed a contract amendment with its “flagship Fortune 500 financial services customer,” extending the contract term to May 2031 with minimum gross revenue exceeding $12.7M over the balance of the term. Gowasack added, “The long-term, multi-million-dollar extension with our foundational Fortune 500 partner is the strongest possible validation of our technology and our collaborative approach. This secures a significant and predictable revenue stream through the end of the decade and underscores the critical, deeply embedded role Trust Stamp plays in the operations of the world’s leading financial institutions. The data speaks for itself. We are executing our plan, scaling our customer base, and converting that footprint into high-margin, recurring revenue. With a growing pipeline and proven success across the financial services sector, we can continue this momentum and deliver substantial long-term value.”
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