Signicat

Business Description

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

Signicat is a leading provider of verified digital identity solutions, mainly focused on the regulated financial services industry. The company was founded in Trondheim, Norway in 2007 and is a pioneer and technology-leader within verified digital identity solutions in Europe. Signicat offers compliant, secure and user-friendly online authentication, identification verification and electronic signature solutions that reduce risk while enhancing the user experience.

Signicat has more than 500 clients, with a stronghold in the financial services sector where the company works with providers such as DNB, Klarna, Rabobank, Santander, Société Générale and Western Union. The company’s solutions are also increasingly adopted across new verticals. Among Signicat’s largest customers are also several of Nordic Capital’s current and former portfolio companies including Nordax, Nordnet, Intrum and Resurs Bank. The company has offices in Norway, Sweden, Finland, Denmark, UK, Germany, the Netherlands and Portugal.

Nordic Capital aims to accelerate Signicat’s growth through international expansion and strengthen the company’s position as the leading provider of verified digital identity solutions.

Sector

Tech & Payments

Key Information

Revenues 2020*

EUR 45 million

Employees

230

Ownership

Nordic Capital Fund IX

Head office

Trondheim, Norway

Investment date

2019

*Reported