IDnow is a technology startup that provides advanced machine-learning technology for its Identity Verification-as-a-Service platform.
IDnow provides advanced machine-learning technology for its Identity-as-a-Service platform that can verify identities in real time. The company's solutions guarantee legal security throughout Europe and the highest level of data security. The company provides a legally secure solution without additional hardware in the area of video identification of customers and electronic signatures.The company's offer is directed at all business customers who would like to provide customer identification and contract conclusion online, such as banks, telecommunications companies, Fintechs, etc. Its customer portfolio includes renowned firms such as Commerzbank, UBS, Sixt neuwagen, Telefónica, and N26.IDnow was founded on 2014 and is headquartered in Munich, Germany.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 8, 2020 | Debt Financing | €15M | 1 | European Investment Bank | — | Detail |
Investor Name | Lead Investor | Funding Round |
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European Investment Bank | Yes | Debt Financing |