IDnow increased its transactions through organic growth among new and existing customers. Munich last year the two companies Identity Trust Management and Ariadnext taken over.
“We aim to create the leading, unified identity verification platform that meets the diverse needs of our customers,”
says Andreas Bodczek, CEO of IDnow.
"At the same time, we are meeting the complex regulatory requirements in the field. Through our successful mergers and acquisitions, the IDnow Group is able to offer best-in-class products and services that create a seamless user experience across a wide range of industries and regions."
IDnow: “We are very excited about the further development of our market position”
Last year, IDnow acquired more new customers than ever before, including European companies such as eToro and Lydia. Half of Europe's 20 largest banks and four of the largest telecommunications providers in France and Germany also use its identity platform, according to IDnow. The Munich-based company opened offices in the UK and the Middle East in 2021.
"Digital identity verification is experiencing tremendous growth as companies increasingly implement digital business models. Our automated verification solutions have proven successful for many European companies. This testifies to the high level of fraud protection we continuously provide to our customers,"
says Bodczek.
"We are very excited about the continued development of our market position. With our holistic platform, strengthened team, and additional regional locations, we are in a strong position to offer companies exactly what they need. We are also looking forward to continuing to manage the three combined companies in the coming year and striving for stronger market leadership as a joint team."
