IDnow Notches Its Third Acquisition With French Regtech ARIADNEXTby Fintechnews Switzerland June 30, 2021
IDnow, a German-based leader in identity verification-as-a-service solutions, announced that it has agreed to acquire ARIADNEXT, a French company specialising in remote identity verification and digital identity creation.
With IDnow and ARIADNEXT joining forces, the companies can provide one comprehensive identity verification platform, ranging from AI driven to human-assisted technology and from online to point-of-sale verification options.
The combination further increases the services IDnow offers to the UK, French and German markets, as well as to international customers with identity verification needs across several jurisdictions and use cases.
IDnow will retain ARIADNEXT’s locations in Rennes, Paris, Madrid, Bucharest, Iasi and Warsaw, as well as its over 125 employees.
The acquisition is subject to regulatory approvals.
“This combination with ARIADNEXT is an important step towards our vision of building the pan-European leader for identity verification-as-a-service solutions. It is now critical for banks, insurers, mobility companies and others to shift towards safe, automated solutions.
With ARIADNEXT, in addition to our recent acquisition of identity Trust Management AG, IDnow can provide our customers with an even broader suite of products through a single platform with a seamless user experience.”
said Andreas Bodczek, CEO of IDnow.
“We are looking forward to joining a team of IDnow’s caliber, combining our experience and skills to work towards our shared vison of providing a pan-European secure and future-proof solution to customers.
With a strong presence in Germany, France, the United Kingdom, Spain, Poland and Romania, our combined product portfolios create an unmatched platform for customers across the European market.”
said Guillaume Despagne, President of ARIADNEXT.
Featured image: IDnow Founders