Nordic Capital-backed Signicat among Financial Times list of Europe’s 1000 fastest growing companies in 2024 and for the third time

MARCH 07 2024

Nordic Capital’s portfolio company, Signicat, a leading provider of verified digital identity solutions, primarily focused on the regulated financial services industry, has once again been included on Financial Times’ list of the 1000 fastest-growing companies in Europe. This is the third time the company has been included on the list since 2021.


Since Nordic Capital's initial investment in 2019, Signicat has emerged as a leading provider and technology front-runner in European verified digital identity solutions. Over the past years, the company has expanded its European footprint through six strategic acquisitions to strengthen its technology, customer base, and market expertise. The company has also committed to innovation and is dedicated to digital identity solutions across the entire digital lifecycle.

Kristoffer Melinder, Managing Partner at Nordic Capital Advisors, comments:

"We are delighted to see Signicat recognised on this prestigious list for the third time. This acknowledgement underscores Signicat's continuous growth and strong leadership. Furthermore, it demonstrates Nordic Capital’s effective support for mid-market companies within its focus sectors. Congratulations to Signicat for this well-deserved recognition."

Fredrik Näslund, Partner and Head of Technology & Payments at Nordic Capital Advisors, comments:

“Since Nordic Capital’s initial investment, Signicat has embarked on a journey of growth and innovation. Through strategic acquisitions, the company has expanded its offerings and solidified its position as a leader in the digital identity space. With a comprehensive suite of compliant online authentication, identification verification, and electronic signature solutions, Signicat helps reduce risk and enhance user experience for ~1,300 enterprise clients globally, primarily in the financial services sector. With an unwavering commitment to customer protection and pioneering spirit, Signicat continues to redefine the landscape of digital identity solutions.”

Now, in its eighth year, "The FT 1000: Europe's Fastest Growing Companies" lists the top 1000 companies in Europe that have achieved the highest percentage growth in revenues between 2018 and 2023. This year's minimum average growth rate required to be included in the ranking was 36.3%. The complete list of the FT 1000 rankings can be found here: FT 1000: the eighth annual ranking of Europe’s fastest-growing companies

Press contact: 

Katarina Janerud, Communications Manager
Nordic Capital Advisors
Tel: +46 8 440 50 50
e-post: katarina.janerud@nordiccapital.com

About Nordic Capital

Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested EUR 22 billion in over 130 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds.  Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors.”