Incode Reports 2022 Growth and Global Expansion

Incode Technologies has closed a year of significant expansion, securing high-profile partnerships across the hospitality, sports, and financial sectors. For fintech leaders, the firm’s integration with fraud-prevention specialist Sardine and the launch of automated KYB tools signal a shift toward biometric-first authentication as a standard for high-risk, high-volume digital onboarding and compliance.

What was announced

Incode detailed its 2022 growth, highlighting the deployment of its Identity Verification and Biometric Authentication Platform across diverse verticals. Key to its financial services push is the KYB Business Verification solution, which the company claims accelerates onboarding speeds by five times while reducing fraud attempts by 99%. This is complemented by "Incode Workflows," a feature launched in October 2022 to allow businesses to adjust onboarding friction based on real-time risk levels.

The company’s geographical and industrial footprint expanded through a partnership with LIGA MX to implement "FAN ID" biometric verification across all Mexican football stadiums. In the hospitality sector, a deal with Hoteza introduced self-check-in systems, while a collaboration with Sardine integrates Incode’s biometric tech into Sardine’s fraud and payment infrastructure. In the gig economy and mobility space, the platform now enables identity validation via selfies, matching live photos against official documentation to secure passenger and driver interactions. These developments follow the company's recognition at the BIG Awards for Business, where the leadership team was recognized for its performance over the year.

"Through our collaborative efforts and creative conversations, Incode will be able to integrate seamless customer experiences across all verticals on a global scale, allowing us to further our mission: mapping together the identity of humankind."

Ricardo Amper at Incode Technologies

The companies involved

Incode Technologies operates an AI-driven identity platform designed for global enterprises, focusing on replacing traditional authentication with biometric-first processes. The firm competes in a crowded identity verification market, positioning itself through high-speed, automated verification that removes the need for manual intervention.

Sardine, a key partner mentioned in the expansion, provides fraud prevention and compliance infrastructure for fintechs and crypto platforms. It focuses on real-time risk scoring and instant settlement, often acting as a bridge between traditional banking and digital assets. Hoteza provides smart communication systems for the hospitality industry, focusing on digital guest journeys and hotel management software. LIGA MX is the top professional football division in Mexico, representing one of the largest sports markets in North America. By securing a league-wide contract for FAN ID, Incode has moved beyond traditional digital-only use cases into large-scale physical security and crowd management, a significant departure from standard KYC/KYB fintech applications.

What FF News has reported before

FF News has followed the growth of Incode’s partners closely, particularly Sardine’s expanding role in the fraud prevention ecosystem. Recent coverage includes Sardine Launches AI Labs to Combat Financial Crime with Frontier Intelligence, highlighting their move into advanced R&D. We also reported on their infrastructure plays, such as when Sardine and Helix Partner to Deliver Real-Time Fraud Monitoring and Compliance Capabilities to Sponsor Banks. Further partnerships have seen the firm expand its reach into the UK market via Experian UK&I Marks Next Step in Fraud Prevention with Sardine Partnership and tackle B2B fraud through Airbase and Sardine Partner to Combat Payment and Vendor Fraud.

What this means

The diversification of Incode’s client base suggests that biometric identity is no longer a niche fintech tool but a cross-industry requirement. By moving into stadiums and hotels, Incode is challenging traditional physical security firms, while its KYB automation puts pressure on legacy compliance providers who still rely on manual review. The partnership with Sardine is particularly telling; it indicates that identity is becoming inseparable from fraud detection at the transaction level. For the wider market, the 99% fraud reduction claim sets a high bar for competitors, raising questions about how long manual or document-only verification can remain viable in high-risk environments.