Australian fintech Stakk has won a US-based enterprise customer that's expected to contribute $3.85 million to the company’s annual revenue, and in turn, increase the company's annualised revenue run rate from $22.08 million to approximately $26 million.
Stakk is a AI-native trust and decisioning infrastructure provider for regulated industries - an execution-layer digital infrastructure embedded within the control path of regulated systems across Australia and the United States.
Serving more than 215 banks, credit unions, neobanks, fintech platforms, and global enterprises, Stakk governs high-consequence digital interactions in real time, preventing invalid or fraudulent activity from entering institutional core systems.
The new customer, an unnamed, privately held health technology platform headquartered in New York, was won by Stakk’s wholly owned US subsidiary, Stakk IQ.
The deployment will cover the implementation of customised trust and decisioning workflows designed to validate and match a user’s digital credentials against the individual presenting them prior to access being granted across healthcare-related services and environments.
The solution combines real-time identity validation, document authenticity analysis, federated signal intelligence, and deterministic decisioning capabilities to assist in ensuring interactions are initiatedonly where the presenting user has been verified within an authenticated digital context.
Stakk stated that it continues to experience "increasing enterprise demand" for consolidated, real-time Digital Trust infrastructure capable of replacing fragmented legacy SaaS architectures that were not originally designed to manage cumulative workflows that address synthetic identities, manipulated digital signals, account takeover risk, real-time fraud orchestration; or autonomous decisioning requirements.
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