Trust Stamp, a global provider of AI-powered identity services, said it is seeking admission to trading on the Euronext Growth market in Dublin. 

Euronext Growth is operated by Euronext Dublin and is focused on high growth small and mid-cap companies.

The company has appointed Davy as its Euronext Growth adviser in relation to a possible admission, which will represent the first direct listing on Euronext Growth in Ireland.

Founded in 2016, Trust Stamp is an artificial intelligence company that develops proprietary identity solutions to help determine whether an individual is who they say they are and that they can be trusted.

Its AI-powered facial biometrics establishes proof of life and are resistant to presentation attacks. 

Gareth Genner, CEO and co-founder of Trust Stamp, said the support it has received from the team at Euronext, its advisers and its shareholders has enabled it to deliver another great milestone for the business. 

"Trust Stamp is a global business with operating bases in a number of European markets and it made sense to list in Ireland which has an excellent reputation as a world-leading base for technology and innovation and a vibrant tech and growth company advisory ecosystem," Mr Genner said.

He said that Trust Stamp tackles global challenges in identity, including data protection, financial accessibility and fraud prevention with patented transformation algorithms, deep neural networks and other leading-edge AI. 

"This technology is more important in today's remote world than ever before," he added.

"Through continuous innovation at the intersection of biometrics, privacy and cybersecurity, we deliver secure, trusted identity systems at the heart of how organisations and individuals transact in the connected world," the CEO explained.

"Identity fraud is one of the greatest challenges we face in a digital world. Our technology protects privacy and significantly reduces the potential for misuse of sensitive identity data," he stated.