Growing Client Portfolio KEOLABS has recently secured new clients such as Q-Card Company, Thames Technology Limited, and Toppan Gravity Ltd., demonstrating strong market demand for their certification and testing solutions in banking, identity, and payment industries.
Focus on Compliance The company’s emphasis on certifying products to international standards like EMVCo and ICAO presents opportunities to offer tailored validation tools for clients seeking to meet strict regulatory requirements.
Expansion in Security Market With product offerings spanning smart cards, NFC components, and contactless security tools, KEOLABS is positioned to serve clients expanding their security and contactless payment solutions, especially amid increasing mobile and contactless adoption.
Leadership and Innovation Recent appointments of a new CTO and product/marketing directors suggest a strategic push towards innovative testing solutions, presenting opportunities for advanced offerings to tech-forward clients.
Revenue Potential With an estimated revenue range of 100 to 250 million dollars and an extensive client base, KEOLABS presents significant growth opportunities for service providers that can enhance their certification and validation capabilities for mobile and payment applications.