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“If I ever sold my business and did not have a new passion in business, I would set up a company in which the entire income would go straight to charity”

With Jori Falkstedt CEO of Verifer.io


Wow, what a question. If I ever sold my business and did not have a new passion in business, I would set up a company in which the entire income would go straight to charity. I feel my best in entrepreneurship so I would like to be the head of it. I would create a group of many businesses which would work on synergy, and all the income would be shared with various charities. I do not want to raise any subject on top of another, but as I am the father of four sons, the rights and well-being of women and children are important to me. I could also very easily see me teaching in countries where things are not so well at the moment.


I had the pleasure of interviewing Mr. Jori Falkstedt. Jori is an entrepreneur and CEO of Verifer.io, the current worldwide leader in KYC, AML and PEP verifications.


Thank you so much for doing this with us! Can you share with us the story of how you decided to pursue this career path? What lessons can others learn from your story?

Thank you; it’s a pleasure to meet you. I founded Verifer in 2012 mainly to serve the needs of another company I owned. Prior to 2012, I bought for my importing company needs many different background checks of my potential product suppliers. In 2012, I decided to establish a company just for that purpose, and I hired a few employees from my old supplier to do verifications. Quickly, we also got orders from other importing companies, and soon we were delivering this data to many companies around the world. My brother was working at the Internet Casinos in Malta, and he suggested that we start to do AML, PEP and KYC services because they, too, have to buy these verifications at least a hundred times a day. We did this for many Casinos and started to offer these services to other industries as well.

Can you tell me about the most interesting projects you are working on now?

Just last week, we closed a contract with the Asian Poker Federation which organizes online-, live- and tournament-poker games in 14 Asian countries. They are expanding now in Europe and in the US, and they need to also follow regulations in these new countries. So we will process all KYC, AML and PEP verifications for all players in the future. For live players, this new market area is very exciting.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? Can you share a story about that?

I have been an entrepreneur for over 20 years, and I’m used to making decisions mainly on my own. However, the key to success is always the team that you are surrounded by, and I am very grateful for my team.

What are the 5 things that most excite you about blockchain and crypto? Why?

I have followed the crypto-space since 2016.

1. I would simply put that I have noticed that it will bring a considerable amount of new customers because of the laws that are quickly coming about worldwide

2. Blockchain will solve issues we have had before. Even though the business of background checkups is not our major thing anymore, we will still process those through the use of blockchain. And by owning crypto currency we can allow our clients to re-sell their investigation data further.

3. We can now provide a type of E-identity for all who are verified by us even though it is not officially valid by legislators yet

4. Blockchain brings a lot of possibilities, and new patents are being created all the time. I have also made one patent, but it is still pending because I made it global to cover most countries.

5. Lastly, but incredibly interesting, is that crypto currencies are surrounded by new projects. I have invested in ICOs and currencies, and following them is extremely fun.

How have you used your success to bring goodness to the world? Can you share a story?

Naturally, success has enabled economic prosperity, and I’m currently working on a wide range of volunteer activities. Nevertheless, I consider it to be an important area where we operate. AML surveys are a vital area and, as legislation tightens, the entire investment world is becoming more and more pure in criminal activities.

What 3 things would you advise to someone who wanted to emulate your career? Can you share an example for each idea?

1. In my opinion, the most critical thing in your career development is that you are doing a job you have a passion for. Naturally, if you do things that really interest you, after some time you will be extremely skilled at it.

2. The team around you — no one can do everything alone, and you must find motivated people around you to help where you are not at your best.

3. Keep motivated persons around you; if they feel good, your company/career will go much nicer than if you try to squeeze all out from them.

What is your favorite “Life Lesson Quote”? Can you share a story of how that had relevance to your own life?

Well, a long time ago I felt that I was better than others in almost all of the activities in my company. I tried to teach my employees almost everything they did, even though they were very skilled in the specific job they were doing. It’s a long story, but after a while, my employees had secret meetings without me. In the end, they introduced me to an entirely different way of doing almost everything, and the end result was much better. So after that, we changed many things, and I let everyone do what they were hired to do, and I try to inspire all of them.

You are a person of great influence. If you could start a movement that would bring the most amount of good to the most amount of people, what would that be? You never know what your idea can trigger. :-)

Wow, what a question. If I ever sold my business and did not have a new passion in business, I would set up a company in which the entire income would go straight to charity. I feel my best in entrepreneurship so I would like to be the head of it. I would create a group of many businesses which would work on synergy, and all the income would be shared with various charities. I do not want to raise any subject on top of another, but as I am the father of four sons, the rights and well-being of women and children are important to me. I could also very easily see me teaching in countries where things are not so well at the moment.

How can our readers follow you on social media?

You can find Verifer at the following links: https://twitter.com/Verifer_io , https://medium.com/@Verifer , https://www.reddit.com/r/Verifer/ and I am personally on LinkedIn, Facebook (there is no another Jori Falkstedt) and on telegram @JoriF

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