Sumsub, a global leader in identity verification and fraud prevention, announced it has joined the World Economic Forum's Unicorn Community, an exclusive, invite-only program for private high-growth companies valued at over $1 billion and shaping the future of the digital economy. Sumsub Co-founder and CEO Andrew Sever will attend the 2026 World Economic Forum Annual Meeting in Davos, contributing expertise on digital trust, AI-driven fraud, and inclusive access to digital services.

Sumsub's inclusion comes as identity fraud reaches new levels of sophistication. According to the Sumsub Identity Fraud Report 2025–2026, sophisticated fraud grew 180% year over year, with multi-step attacks increasing from 10% in 2024 to 28% in 2025 of all identity fraud. These attacks now span the entire customer lifecycle, making one-time checks ineffective and requiring continuous, real-time protection.

With more than 4,000 clients worldwide and millions of identity checks performed annually, Sumsub brings hands-on, global experience to the WEF community. At WEF's 2026 Annual Meeting, the company will focus on three priorities: combating AI-powered fraud at scale, expanding digital inclusion through smarter verification, and shaping next-generation AI anti-fraudsolutions through global collaboration.

Fighting sophisticated AI fraud at scale

As fraud rapidly evolves, Sumsub is focused on countering complex, AI-powered threats, including deepfakes, synthetic identities, and large-scale money mulling operations. Sumsub addresses these risks through end-to-end event monitoring across the entire user journey, and by developing next-generation defenses against AI fraud agents, autonomous systems capable of executing coordinated attacks with minimal human involvement.

Empowering digital inclusion through smarter verification

Sumsub is also advancing digital inclusion by reducing identity barriers that exclude legitimate users from the digital economy. Its Non-Document Verification and Reusable Identity suite enable secure onboarding in markets with poor-quality documents or higher fraudrisk, helping users globally to get access to digital services and businesses expand without compromising compliance or security. Through initiatives such as Greenflag, part of the UN SDG Leaders Programme, Sumsub raises awareness of digital exclusion as a structural risk to global economic growth.