Sumsub joins the World Economic Forum Unicorn Community, focusing on AI fraud defence and collaborative anti-fraud research.
Sumsub has joined the World Economic Forum’s Unicorn Community, an invite-only programme for private high-growth companies valued at over $1 billion that shapes the digital economy.
The announcement comes as Sumsub pointed to rising fraud sophistication. Its Sumsub Identity Fraud Report 2025–2026 identified an increase of 180% in sophisticated fraud, while multi-step attacks rose from 10% in 2024 to 28% in 2025 of all identity fraud.
These attacks now span the entire customer lifecycle, making one-time checks insufficient and increasing the need for continuous, real-time protection. The company will focus on three priorities within the WEF community: combating AI-powered fraud at scale, expanding digital inclusion through smarter verification, and shaping next-generation AI anti-fraud solutions through global collaboration.
Andrew Sever, co-founder and CEO of Sumsub, said: “AI is reshaping both fraud and defense, and our mission is to stay ahead of these threats while fighting digital exclusion and empowering people everywhere to access digital services safely and fairly.”
Verena Kuhn, Head of Innovator Communities at the World Economic Forum, said: “Sumsub’s work at the intersection of digital trust, fraud prevention, and inclusion reflects the type of innovation needed to build a secure and resilient digital economy.”
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