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Validated ID’s expertise and technology reinforces Signaturit’s leadership in the European digital identity space and eIDAS 2-Compliant e-Wallet Solutions
Signaturit will reach c. €70 million of recurring revenue post closing of the transaction
Signaturit Group, a leading European provider of secure digital transaction solutions, announced its plan to acquire Validated ID, a leading provider of innovative digital identity and electronic signature solutions.
“Joining Signaturit Group is an exciting milestone for Validated ID. Together, our complementary solutions perfectly align with Signaturit’s comprehensive offering. This union allows us to cover the entire scope of digital transactions, from identity verification and document validation to seamless KYC processes, delivering an unparalleled digital experience for our customers.”
Founded in 2012, Validated ID is a trusted leader in digital identity and biometric signature solutions, providing secure, user-friendly technologies that ensure trust, compliance and efficiency of transactions. Specializing in e-wallet and qualified signatures, its flagship product, VIDwallet, is the first EBSI (European Blockchain)-compliant mobile identity wallet, enabling secure credential management. VIDcredentials offers a robust platform for credential lifecycle management, while its VIDsigner product provides solutions for both in-person and remote signing.
With a strong focus on innovation and regulatory compliance, including eIDAS 2.0, Validated ID is a key partner for businesses undergoing digital transformation. Currently, the company boasts a growing network of over 300 partners and serves more than 4,000 clients across 35+ countries.
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Validated ID to Strengthen Signaturit’s European Leadership Position
The acquisition of Validated ID brings significant strategic advantages to Signaturit Group, further solidifying its position as a leader in the European digital trust market. Key benefits include:
- Expanded Product Portfolio for Customers – Validated ID’s solutions complement Signaturit’s offerings of digital signature and trust solutions, such as identity verification, authentication, document check, KYC and audit trails, providing a comprehensive suite of digital and physical signature solutions while advancing decentralized identity capabilities under eIDAS2.
- Enhanced Pan-European Compliance Leadership – Validated ID’s proven expertise in eIDAS and GDPR compliance strengthens Signaturit’s ability to offer legally compliant solutions across the EU, appealing to regulated industries such as finance, healthcare and government.
- Strengthened Market Reach – With a unified platform that delivers secure, efficient and scalable identity verification solutions, the integration of Validated ID will reinforce Signaturit’s presence in its core markets. With the acquisition of Validated ID, Signaturit will be handling more than 150 millions of yearly transaction for an expanded customer base of more than 100,000 accounts.
- Stronger Partner Ecosystem – Validated ID’s strong partner-first approach will strengthen Signaturit’s go-to-market strategy, accelerating market penetration and expanding reach across Europe and beyond. This transaction will also build on Validated ID’s extensive partner network, including relationships with SAP, Salesforce, and Microsoft, as well as more than 150 integration partners across Europe.
Pierre Feligioni, CEO of Signaturit Group, said: “The acquisition of Validated ID represents a pivotal step in our ambition to lead the European digital identity market. By integrating their advanced eIDAS 2-compliant solutions, we are well-positioned to provide secure, seamless and compliant digital trust services. This acquisition strengthens our ability to support clients with tailored identity verification solutions that address the growing demands of a rapidly evolving digital economy. Our shared commitment to innovation and customer satisfaction will ensure that we remain at the forefront of the industry, continuously adapting to meet market needs.”
Santi Casas, CEO of Validated ID, added: “Joining Signaturit Group is an exciting milestone for Validated ID. Together, our complementary solutions perfectly align with Signaturit’s comprehensive offering. This union allows us to cover the entire scope of digital transactions, from identity verification and document validation to seamless KYC processes, delivering an unparalleled digital experience for our customers.”
On track to deliver €100 million of recurring revenue
Signaturit is expected to reach c. €70 million of annual recurring revenue post transaction, positioning the Group to reach the €100 million milestone. Signaturit collaborates with large listed companies and leading SMEs. The Group is financially and operationally supported by PSG Equity, a leading growth equity firm, which invested in Signaturit in 2020.
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