Nordic Capital-backed Signicat included in the first edition of Europe’s Long-Term Growth Champions 2025 by Financial Times and Statista

NOVEMBER 05 2024

Signicat, a leading pan-European provider of digital identity solutions, has been included, in the first edition of Europe’s Long-Term Growth Champions 2025, a prestigious ranking compiled by Financial Times and Statista. This recognition highlights Signicat’s consistent business growth over 10 years and commitment to delivering innovative, secure, and trusted digital identity solutions across Europe.

Europe’s Long-Term Growth Champions ranking celebrates companies that have demonstrated sustainable, long-term growth. To qualify, companies must have achieved sustained revenue growth over ten years, from 2013 to 2023, and have met a series of criteria, including a minimum annual revenue.

Originally founded in Norway and with strong Nordic roots, Signicat has expanded its reach over the past several years to become a true European leader in digital identity. Today, the company serves customers across 45 countries, with 16 offices in 13 countries throughout Europe.

“Signicat’s inclusion in Europe’s Long-Term Growth Champions reflects its unwavering commitment to innovation and excellence in digital identity solutions. Its ability to deliver secure, seamless, and scalable solutions across Europe, has continually been raising the bar for the industry. This recognition demonstrates the company’s role as a vital enabler in digital transformation” commented Rolf Torsøe, Managing Director, Nordic Capital Advisors.

Signicat’s growth is driven by both organic expansion and strategic acquisitions. While the company has steadily grown its market presence across Europe, it has also strengthened its product offerings through seven key acquisitions. Past acquisitions include Norwegian trust services provider Idfy in 2019, Dutch identity specialist Connectis in 2020, and three market leaders in 2021—mobile authentication specialist Encap Security, Spanish-based Electronic Identification, and Lithuanian-based Dokobit. The acquisition of UK-based anti-fraud orchestration leader Sphonic in 2022 and SmartWorks in 2024 further bolstered Signicat’s leadership in digital identity and fraud prevention.

The company’s product roadmap has continually evolved to meet the growing demand for secure digital identity verification, authentication, electronic signing and fraud prevention solutions. Trusted by major institutions such as Santander, Rabobank, and Volvo, Signicat has firmly established itself as a leader in the digital identity space.

For more information on the full list of Europe’s Long-Term Growth Champions 2025, please visit the Financial Times website: FT Ranking: Europe’s Long-Term Growth Champions