GeoComply Announces It’s Cutting 15% of Its Workforce
Posted on: April 20, 2026, 12:59h.
Last updated on: April 20, 2026, 12:59h.
- GeoComply employs 450 people in offices worldwide
- Company said it’s incorporating AI more into its daily operations to improve efficiencies
- Company looks to lay off 15% of its staff
GeoComply, the Vancouver-based tech company that provides digital identity and geolocation solutions for clients, is laying off 15% of its workforce, part of what it called a “deliberate strategic evolution”.
Geolocation Services
The company’s total worldwide workforce totals 450. As first reported by Sportico, the company said the move is part of an internal streamlining process, to better optimizing how they work, and to help drive future growth.
Besides the Vancouver head office, the company has offices in Toronto, Montreal, Las Vegas, New York, Seattle, and an office in Warsaw, Poland.
In terms of igaming commercial partnerships, GeoComply has deals with FanDuel, BetMGM and DraftKings.
Strategic Evolution
In March 2025, the company announced the appointment of former Flutter Entertainment executive Kip Levin as its new Chief Executive Officer, replacing co-founder Anna Sainsbury.
More specifically, GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and helps verify a user’s true digital identity, to prevent spoofing. The company’s technology also services the financial technology and media and entertainment industries.
The company said in a statement the objective with the layoffs was to help stay ahead of rapid shifts in the regulatory and tech landscape. A statement by the company also referenced its commitment to utilizing AI to help boost operational efficiency.
GeoComply announced the changes as it stares down increased competition in the industry.
New CEO
Xpoint is a direct rival focused on igaming, offering precise geofencing, and has clients like SkillOnNet. GeoLocs is another competitor, with a long track record in gaming compliance. The Ontario Lottery and Gaming Corporation uses GeoLocs for geolocation.
Radar, based in New York, is another geolocation platform company, helping companies detect fraud, engage customers, and build location-based features across mobile apps, with clients like bet365.
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