Signicat | Investments | Nordic Capital
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Signicat

Digital Identity & Signature Solutions

Signicat is a leading provider of verified digital identity solutions, mainly focused on the regulated financial services industry.

Company Background

  • A pioneer and technology-leader in verified digital identity solutions in Europe.
  • Offering of compliant online authentication, identification verification and electronic signature solutions that reduce risk and enhance user experience.
  • Strong client base from the financial services sector with providers and banks, in total over 4,500 clients.
  • Sustainable business model that accelerates digitalisation in the financial services sector and promotes financial inclusion in society.

Vision & Outlook

  • Accelerate Signicat’s growth through international expansion.
  • Strengthen the company’s position as the leading provider of verified digital identity solutions.

Highlights & Updates

  • Acquired the digital identity specialist Connectis in 2020, to create the most comprehensive digital identity platform in the European market.
  • With the acquisition of Encap Security in 2021, Signicat became a complete technology and service provider offering a passwordless mobile identity solution that supports 100% on-boarding, authentication and signing across the entire customer lifecycle with state-of-the-art security.
  • Signicat completed the purchase of Spanish Electronic IDentification, to enhance its leadership position in the European RegTech market.
  • Acquisition of UK-based Anti-Fraud and Identity Technology Company Sphonic in April 2022, increasing Signicat's ability to protect customers against fraud, financial crime, and money laundering.
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SECTOR

Technology & Payments

REVENUES 2022

EUR 80 million

EMPLOYEES

435

OWNERSHIP

Fund IX

INVESTMENT DATE

2019

HEAD OFFICE

Trondheim, Norway

MANAGEMENT

Asger Hattel

CEO

Michel van den Bogaard

CFO

CHAIRPERSON

Johan Tjärnberg

Chairmen

RESPONSIBLE ADVISOR

Fredrik Näslund

Partner | Chief Investment Process Officer | Head of Technology & Payments

Nordic Capital's Technology & Payments focus

Having invested in the sector for more than two decades, Nordic Capital is one of the most experienced Technology & Payments investors in Northern Europe. Focus is set on companies with great potential to drive superior growth and benefit from fundamental market trends.

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