Announced

Completed

Corsair Capital completed the investment in IDnow.

Synopsis

Corsair Capital, a specialist investment firm, completed the investment in IDnow, an identity verification platform provider. Financial terms were not disclosed. “Since our founding a decade ago, IDnow has become a market leader in identity verification in Germany and France. During this time, we have achieved significant success in delivering strong results and growing our customer base, and with today’s announcement we aim to solidify our commitment to positioning the Company for future success. Corsair’s increased investment underscores their confidence in our vision and speaks to the synergies we have achieved through our collaborative relationship. With this deeper partnership, we can continue to transform and ensure our platform continues to evolve,” Andreas Bodczek, IDnow CEO.

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