IDnow (www.idnow.io), the provider of identification verification as a service options with greater than 250 prospects comparable to N26, Commerzbank, and UBS, is opening a subsidiary in London and increasing its distribution, service, and advertising group for Nice Britain.
IDnow, skilled in digital identification options, pronounces the following step in its growth following the not too long ago accomplished $40 million financing spherical
After asserting the profitable $40 million financing spherical final month, IDnow is now increasing its market presence in Nice Britain. With the opening of a division in London, FinTech is establishing a strategic location for the Anglo-Saxon area. The brand new IDnow workplace is positioned in London’s enterprise and finance quarter, Canary Wharf.
“The demand for our options from the Anglo-Saxon area has already been very sturdy for a number of months,” says Andreas Bodczek, CEO of IDnow. “Because the world’s main monetary middle, London is a crucial strategic location for us, even in a doable Brexit state of affairs,” he provides.
Roger Tyrzyk, Head of Gross sales UK/I at IDnow and long-time trade skilled, will drive the native model entry and lead the gross sales, service, and advertising group on the new London location.
“For the businesses right here, our expertise with the strict rules of BaFin* and the AI expertise developed in Germany is a superb benefit. For us, organising a group on website is the logical step to supply these prospects the very best service,” says Tyrzyk.
IDnow’s prospects already working within the UK welcome this growth step, as they profit instantly from the brand new location.
(*Bundesanstalt für Finanzdienstleistungsaufsicht, Federal Monetary Supervisory Authority)
With its Identification Verification-as-a-Service (IVaaS) platform, IDnow has got down to make the linked world a safer place. IDnow’s unmanipulable identification verification is used throughout industries conducting on-line buyer interactions that require a excessive diploma of safety. IDnow makes use of synthetic intelligence to verify all safety features on ID paperwork and may subsequently reliably determine cast paperwork. Probably, the identities of greater than 7 billion prospects from 193 totally different international locations will be verified. Along with security, the main target can be on an uncomplicated utility for the client.
IDnow covers a variety of use circumstances each in regulated sectors in Europe and for utterly new digital enterprise models worldwide. The platform permits the identification movement to be tailored to totally different regional, authorized and enterprise necessities on a per use case foundation.
IDnow is supported by enterprise capital buyers Corsair Capital, BayBG, Seventure Associate, G+D Ventures and Jet A in addition to a consortium of famend enterprise angels. Its portfolio of over 250 prospects contains main worldwide firms from numerous industries comparable to Bank of Scotland, BNP Paribas, Commerzbank, eventim, Raisin (Weltsparen), Sixt, solarisBank, Telefonica Deutschland, UBS, Western Union and wirecard in addition to fintechs comparable to Fidor, N26, smava, and wefox.
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