Inverid joins forces with Signicat
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Inverid joins signicat

We're becoming part of something bigger

Inverid is now part of Signicat, one of the fastest growing companies in the Identity sector. Founded on over a decade of research and development, ReadID's NFC identity verification will become a cornerstone of Signicat's platform offering.

Our Story

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A legacy of innovation

Founded in 2013 under the name InnoValor, Inverid quickly emerged as a pioneer in identity verification. In 2014, their ReadID technology became the first mobile-based solution to harness NFC chip reading for electronic identity documents and became available on the Google Play Store, and the first on the iOS App Store in 2019. This method of remote verification provides instant assurance of document authenticity, and when paired with biometrics for holder verification is the strongest method to verify identities.

Since 2014, Inverid has grown to a company of over 70 employees offering ReadID in SDKs, App Clips, and ReadID Ready, a ready-made app that can be branded to customer specifications. Together with partner orchestrations such as facial biometrics and Optical Character Recognition fallback, ReadID has become a cornerstone of secure remote identity verification for organisations around the world in a wide variety of use cases.

ReadID is trusted by over 50 organisations including leading banks, governments in the UK and Denmark, Frontex (the European Border and Coast Guard Agency), Rabobank, and many others. ReadID’s credibility is further bolstered by a comprehensive suite of certificates: ISO 27001, ISO 27701, SOC 2 Type II, and eIDAS high-level assurance.

Maarten Wegdam, CEO & Co-Founder of Inverid, Wil Janssen, CRO & Co-Founder of Inverid and Asger Hattel, CEO of Signicat

A strategic acquisition

To learn more about the acquisition, read the full press release here.

A European Identity Powerhouse Emerges

By combining Inverid’s NFC expertise with NFC Identity verification and Signicat’s strong anti-fraud capabilities, this merger is poised to deliver seamless, identity services globally. The integration supports upcoming initiatives like the European Identity Wallet and aligns with growing demand for more integrated, trustworthy systems in all sectors.

With Inverid becoming a Signicat company, their offices in Enschede, Valencia and London will remain unchanged and the ReadID product will continue to live on within the broader Signicat offering.

What’s next?

Inverid’s ReadID technology transformed identity verification with secure, efficient NFC scanning. Now, under the Signicat umbrella, it’s positioned to reach new heights as part of a unified European digital identity powerhouse. This is a powerful leap forward for secure, scalable, and user-friendly identity verification.

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About Signicat

Signicat is a pioneering, pan-European digital identity company with an unrivalled track record in the world’s most advanced digital identity markets. Founded in 2006, Signicat's mission is to build technology for people to trust each other in a digital world. Its Digital Identity Platform incorporates the most extensive suite of identity-proofing and authentication systems in the world, all easily accessible through a single integration point.

The platform supports and orchestrates seamlessly the full identity journey, from recognition and onboarding, through login and consent, to making legally binding business agreements which stand the test of time. In 2019, Signicat was acquired by leading European private equity investor Nordic Capital. Today, Signicat boasts a workforce of over 450 dedicated professionals across 17 European offices. 

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Questions?

Get in touch with Signicat identity experts or explore the FAQ about the acquisition.