Investment Fuels Growth and Innovation for European Digital Identity Leader
MUNICH and LONDON, March 6, 2025 /PRNewswire/ — IDnow, a prominent identity verification platform provider in Europe, has secured a strategic investment from Corsair Capital. This investment marks a significant milestone in IDnow’s journey towards continued growth and leadership in the European identity market and beyond.
Founded in 2014, IDnow specializes in AI-powered identity verification technologies that cater to the cybersecurity and digital verification needs of global enterprises and leading international brands across various industries.
Corsair initially invested in IDnow in October 2019, acquiring a minority stake in the business. Since then, IDnow has expanded its technical expertise, diversified its portfolio of identification solutions, and completed strategic acquisitions to enter new markets, including establishing a strong presence in France.
IDnow CEO Andreas Bodczek expressed his excitement about the increased investment from Corsair, highlighting their shared vision for the company’s future success. Corsair partners Raja Hadji-Touma and Edward Wertheim echoed this sentiment, emphasizing their commitment to supporting IDnow’s innovation and growth.
Executive Chairman and Co-Founder of IDnow, Felix Haas, emphasized the transformative impact of Corsair’s resources and expertise on the company’s capabilities and market opportunities. He expressed confidence in the partnership’s ability to drive progress and expansion for IDnow, its customers, and the industry as a whole.
IDnow’s acquisition of ARIADNEXT in France and Trust Management AG in Germany in 2021 further solidified its position as a leading identity verification platform provider in Europe. With offices in Germany, the United Kingdom, and France, IDnow serves a diverse portfolio of international clients in various sectors.
Corsair Capital, a specialist investment firm with a focus on payments, software, and business services investments in the financial services market, brings valuable experience and resources to support IDnow’s growth and expansion initiatives. The firm’s partnership with IDnow reflects a shared commitment to driving innovation and excellence in the identity verification space.
In conclusion, the strategic investment from Corsair Capital highlights IDnow’s commitment to advancing its position as a European leader in identity verification. With a strong focus on innovation and customer satisfaction, IDnow is poised for continued success and growth in the evolving digital landscape. Join us in shaping the future of identity verification with IDnow.
