Expanding Client Base KEOLABS has been actively signing new clients in the banking and security sectors, including Q-Card, Thames Technology, and Toppan Gravity, indicating strong demand for their compliance verification and certification solutions for international standards like EMVCo and ICAO.
Growth Opportunities in Payment Security With their focus on identity, payment, and NFC technologies, KEOLABS presents significant sales opportunities to companies looking to enhance security, certification, and compliance in mobile and contactless payment systems.
Recent Leadership Investment The appointment of a new CTO in early 2022 suggests KEOLABS is focusing on technological innovation and product development, creating potential for tailored testing solutions to meet evolving industry standards.
Market Trend Alignment KEOLABS’s expertise in EMVCo and contactless technologies aligns with growing industry adoption of secure contactless payment and identification solutions, offering prospects for partnerships or product integrations with clients expanding in these areas.
Mid-Market Revenue Range Operating within a revenue bracket of 100 million to 250 million dollars, KEOLABS balances substantial market presence with opportunities for targeted upselling and expansion into niche segments in the security and payment certification industry.