Trust Stamp extends Fortune 500 deal to 2031 with new fee structure

Trust Stamp President Andrew Gowasack joined Steve Darling from Proactive to announce a major milestones: an extended agreement with a key Fortune 500 financial services customer The company revealed that it has amended its long-standing Software and Licensing Agreements, originally signed in 2016, extending the relationship through 2031. The new terms introduce a revised fee structure that scales with usage of Trust Stamp’s advanced identity authentication solutions, including guaranteed minimum monthly fees and annual inflation-linked adjustments. This structure is designed to provide both revenue stability and predictable long-term growth as the client continues to expand its deployment of Trust Stamp’s technology. Gowasack told Proactive that based on the updated minimum commitments, the agreement is expected to generate gross revenue exceeding $12.7 million over the balance of the contract. The client—described as a Fortune 500 financial services leader and one of the largest issuers of private-label and co-branded credit cards in the United States—has been a critical partner for Trust Stamp for nearly a decade. #proactiveinvestors #truststamp #nasdaq #idai #IdentityTech #DigitalIdentity #Fintech #GhanaID #SouthKoreaStartup #AsiaExpansion #KStartupChallenge #FinancialServices #Biometrics #TechExpansion #ProactiveInvestors #AndrewGowasack