Alicante-based technology firm Facephi reported a 22.8% rise in turnover for the first half of the year, according to company disclosures issued on Friday. The business specializes in biometrics-based identity software, with revenue reaching 9.65 million euros. The gains stem from stronger sales of computer solutions across more than 25 countries in which the company operates.
As stated by the company, the Alicante-listed entity remains a registered, publicly traded company. Despite negative EBITDA and ongoing investments, Facephi increased its hiring to expand its international footprint and support ongoing growth.
Facephi highlights the strength of its strategy, which centers on on-site service delivery and expanding the flexibility of its offerings through the Software as a Service model. The Facephi Identity Platform embodies this approach by combining on-premises and SaaS features to reach more sectors quickly across diverse geographies.
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Another milestone in the first half of the year was the launch of Facephi’s expansion into new strategic markets in the Middle East, according to an internal study conducted by its EMEA subsidiary. The initial deployments in the region featured Fintech Qashio in the United Arab Emirates and Saudi Arabia, marking a notable step in market penetration.
The first director of Facephi, Rafa Arjones, oversaw these efforts and supported the company’s broader strategy. The firm has also advanced its United States presence, partnering with Fintech Orokii to deepen understanding of the American market. CEO and Chairman Javier Mira commented on the results, praising the strong business commitment that underpins growth and noting ongoing expansion into LATAM, APAC, the Middle East, and the United States with plans to open additional markets in the months ahead.
New Partner channel
In the same period, Facephi pursued new opportunities and began developing a robust new platform to accelerate partner-channel expansion. This channel is expected to propel growth into more markets and regions, according to Mira, who described it as a powerful accelerant to the company’s strategy and a move toward a more scalable model.
The period also featured dynamic developments for the technology company, with meaningful milestones enabling exploration of further opportunities across sectors and regions.
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Facephi also achieved notable certification milestones. The firm earned a designation that positions its solutions on the AWS Marketplace, signaling a shift toward a widely accessible SaaS-based marketing model. In the United Kingdom, the company received the DIATF certification, allowing employers and landlords to utilize Facephi technology to verify the digital identities of British or Irish citizens during job contracts or property rentals on British soil.
CEO Javier Mira pointed to these milestones as doors to more opportunities, underscoring that the next months will be very active as the company continues to pursue growth and address new markets and use cases.