FireID Seeks To Provide Services In Various Sectors
FireID Seeks To Provide Services In Various Sectors. FireID is a technology incubator based in Stellenbosch, South Africa. It focuses on the development and commercialisation of innovative and disruptive technologies. The company operates across a number of industries where it helps its clients to take advantage of new technology trends. Its success is driven by a committed and dynamic team that is passionate about creating products that have major impact.
Its clients are diverse, ranging from small family-owned businesses to large listed multinationals. It often partners with established firms to help them deliver new products to their customers. For many of its clients it acts as a bridge between new, innovative technology and the large scale systems and processes required in high-trust corporate environments.
FireID was established in 2011, when the founders acquired FireID (Pty) Ltd, a mobile security pioneer. This security business, subsequently spun off as FireID Security, became one of the first incubation projects under FireID. In the subsequent years, FireID has expanded into numerous sectors, spanning mobile security, low-cost banking, market research, mobile payments, digital currencies, gesture interaction and mobile field service. Its team has grown from an initial group of five to thirty-two. During this time it has remained focused on delivering innovative technology to the market.
FireID has been debt free and profitable since its inception in 2011. The company follows a strategy of sustainable, organic growth — avoiding debt or equity financing as a growth mechanism. When faced with a choice to acquire new skills, it prefers to grow skills in-house whenever possible and encourage its people to pursue learning in multiple areas of expertise. This approach has allowed the company to contribute to diverse domains in a relatively short period of time.
FireID creates valuable things that make the world better. The company works with awesome people in a great environment as they have fun, are challenged and learn frequently and also grow company value and personal wealth.
