Microblink
| Industry | Computer vision, Optical character recognition, Identity verification |
|---|---|
| Founded | 2013 |
| Founder | Damir Sabol |
| Headquarters | Brooklyn, New York City |
| Services | identity verification, document scanning, payment card recognition |
| Website | microblink |
Microblink is a Croatian software company specializing in computer vision, artificial intelligence (AI), optical character recognition (OCR), and identity verification technologies.[1][2][3][4]
The company develops software development kits (SDKs) and identity verification products used for document scanning, biometric verification, and data extraction from identity documents, payment cards, receipts, and other printed materials.[2][3]
History
[edit]Microblink was founded in 2012 as PhotoPay by Damir Sabol, the founder of Iskon Internet,[1][5] as a mobile computer vision company developing optical character recognition (OCR) and real-time document scanning technologies.[6][7] The company launched PhotoPay, a mobile banking application that scans PDF417 barcodes and utility bills to enable instant payments.[8][9][10]
In October 2014, the company launched Photomath, a smartphone application capable of recognizing printed mathematical equations through a device's camera and displaying step-by-step solutions using smartphone-based OCR and computer vision technology.[11][12][13][14]
In 2017, the company introduced SIM Card Registration, a mobile solution combining BlinkID with SIM card scanning to automate prepaid SIM registration for telecommunications providers.[1]
In 2020, the company raised $60 million in a Series B investment led by Silversmith Capital Partners to expand its identity verification business internationally.[15][16] In 2022, the company acquired Sourcepad, a software development and engineering company. In May 2022, Google announced an agreement with Microblink to acquire Photomath. The acquisition was approved unconditionally by the European Commission in March 2023.[17][18][19][20]
As of 2022, the company's Identity division included BlinkID, BlinkID Verify and BlinkPass, while its Commerce division included BlinkCard and BlinkReceipt,[21][22] and as of 2026, Microblink's products included enterprise identity verification, biometric authentication, fraud detection, and document recognition technologies.[23]
Recognition
[edit]In 2025, Microblink received recognition in the U.S. Department of Homeland Security Science and Technology Directorate's Remote Identity Validation Rally (RIVR) Awards for its document validation technology alongside other companies in the identity verification industry.[24]
References
[edit]- 1 2 3 "Globus - PRIHOD IM RASTAO 100 POSTO, TO RIJETKO KOME USPIJEVA Veliki uspjeh tehnološkog startupa Damira Sabola koji je lansirao PhotoPay i PhotoMath". www.jutarnji.hr (in Croatian). 2017-02-24. Retrieved 2026-07-20.
- 1 2 "Scaling smarter: How enterprise IT teams can right-size their compute for AI". VentureBeat. Retrieved 20 July 2026.
- 1 2 "The AI arms race: How financial services are fighting back against synthetic identity fraud". The Paypers. Retrieved 18 July 2026.
- ↑ "How AI is transforming identity fraud prevention | The Paypers". thepaypers.com. Retrieved 2026-07-20.
- ↑ "Globus - SVJETSKI USPJEH PROGRAMERA Aplikacija PhotoMath jedna od najboljih digitalnih inovacija u 2014". www.jutarnji.hr (in Croatian). 2015-02-05. Retrieved 2026-07-20.
- ↑ "Od Iskona do Photomatha: insajderska priča o uspjehu Damira Sabola". Index.hr. Retrieved 18 July 2026.
- ↑ "Microblink u godinu dana više no udvostručio broj zaposlenih, uskoro i 500 zaposlenika". www.vecernji.hr (in Croatian). Retrieved 2026-07-20.
- ↑ "School math answers only a scan away with Croatian app". Reuters.
- ↑ PhotoPay/photopay-ios, photopay, 2026-06-05, retrieved 2026-07-20
- ↑ Hoke, Zlatica (2015-03-18). "Free Smart Phone App Helps Students With Math". Voice of America. Retrieved 2026-07-20.
- ↑ "Disrupt London Finalist PhotoMath Rockets To The Top Of The App Store". TechCrunch. 23 October 2014.
- ↑ "MicroBlink Launches PhotoMath To Solve Math Equations With A Phone". TechCrunch. 20 October 2014.
- ↑ Waxman, Olivia B. (2014-10-22). "This App Can Scan and Solve Math Equations Instantly". TIME. Retrieved 2026-07-20.
- ↑ Chowdhry, Amit. "PhotoMath Is A Free App That Can Solve Equations Through Smartphone Cameras". Forbes. Retrieved 2026-07-20.
- ↑ "Velik uspjeh za Microblink: Amerikanci ulažu 60 milijuna dolara". 24sata. 22 December 2020.
- ↑ "Microblink primio 60 milijuna dolara investicije". Jutarnji list. Retrieved 18 July 2026.
- ↑ "EU antitrust regulators decide on Google's maths app buy by March 28". Reuters. 22 February 2023.
- ↑ "EU regulators clear Google's maths app deal". Reuters. 28 March 2023.
- ↑ "Mergers: Commission clears acquisition of Photomath by Google". European Commission. Retrieved 2026-07-20.
- ↑ croatiaweek (2023-02-22). "Google to acquire Croatian maths app Photomath". Croatia Week. Retrieved 2026-07-20.
- ↑ Kostanić, Ana Marija (2022-08-17). "Microblink, 2 godine od investicije: Slijedi automatizacija razvoja proizvoda". Netokracija (in Croatian). Retrieved 2026-07-20.
- ↑ "Jutarnji list - Microblink osvojio 10 posto američkog tržišta skeniranja maloprodajnih računa". www.jutarnji.hr (in Croatian). 2022-04-28. Retrieved 2026-07-20.
- ↑ "Microblink extends selfie biometrics for CNP fraud". Biometric Update. June 2025.
- ↑ "Identy, Biometric Pad, Incode and Microblink document validation among RIVR winners". Biometric Update. March 2026.