Yoti’s revenue didn’t just rise this year—it exploded, conveniently right as age verification rules tightened under the Online Safety Act. The company reported a 55 percent jump in turnover, hitting £20.3 million for the year ending in March. Funny how the moment the government demands IDs to access half the internet, the firms selling ID checks start printing money.
“Regulatory issues are central to the business and Yoti is expecting to benefit from significant regulatory changes, in both identity and age, both in domestic and overseas markets,” the company said.
Translation: more laws that treat adults like children mean more profit.
“Anticipated regulatory changes in the United Kingdom, France and Australia, in particular, are expected to support the company’s growth.”
And that growth isn’t just about protecting anyone—it’s about building infrastructure where logging into a website slowly starts to resemble crossing a border. The more regulation expands, the more companies like Yoti become gatekeepers to everyday life online.
“Rapid development in the sophistication of both online fraud, deep fakes and the technology to prevent this, means that the market is constantly developing and growing.”
Sure, deepfakes and fraud are real concerns. But when the solution is “show your papers” to browse adult content—or eventually anything deemed “sensitive”—it’s worth asking who really benefits. Right now, it looks less like safety and more like a booming business model built on surveillance.
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