Day: IDnow
Deals
IDnow sold to American investment company
Munich-based identity verification platform provider IDnow announces a majority acquisition by private equity firm Corsair Capital. The investment is intended to further accelerate growth…
Needs Review
IDnow cooperates with the umbrella organization of airlines
IDnow is participating in the International Air Transport Association's (IATA) Accelerate@IATA 2022 program. IATA is the umbrella organization for airlines…
Deals
60 million euros for IDnow
IDnow has secured new debt financing from Blackrock, providing up to €60 million in financing.
Needs Review
IDnow doubles number of transactions
The identity verification startup IDnow doubled the number of transactions processed last year. The Munich-based company's next goal is to...
Deals
IDnow takes over French company Ariadnext
IDnow offers identity verification, for example, when opening a bank account. The Munich-based company has now acquired Ariadnext. The French company specializes in…
Deals
IDnow acquires competitor Identity Trust Management
IDnow acquires Düsseldorf-based Identity Trust Management. Both companies offer identification services.
Deals
IDnow receives 15 million euros from the European Investment Bank
The €15 million funding from the European Investment Bank will use the IDnow identity verification platform to support research, development, and international expansion of the…
Needs Review
Autoident: IDnow brings AI identity verification
With Autoident, IDnow is working on an identity verification system using artificial intelligence. The Munich-based startup claims this will be the first...
Deals
IDnow takes over Wirecard's communications subsidiary
The Munich-based startup IDnow is acquiring Wirecard Communication Services. A majority of the 150 employees at the Leipzig location will be retained.
Investment
Video identification startup IDnow receives $40 million in growth capital
New York-based investor Corsair Capital is investing $40 million in IDnow. The Munich-based fintech startup now plans to open offices…
Needs Review
IDnow targets 100 million euros in sales
IDnow aims to achieve sales of 100 million euros in the coming years. To this end, the company, founded in 2014, has created a new…
Needs Review
Munich startups make it onto The FinTech50 list 2018
The FinTech50 list is known for identifying promising FinTechs in Europe that are worth watching in the near future.…