symbolFor a Norwegian-based digital identity platform, you have obtained the specialty of Inverid, a Dutch company based on NFC, and have obtained the numbers in undisclosed quantities.

The deal allowed Inverid’s majority shareholder, major capital and the founder of the company to reinvest the iconic portion of the earnings into Indicat.

Under the Signicat platform, it acquires Brigs Inverid’s ReadID technology.

Launched in 2014, ReadID is the first mobile authentication solution based on NFC technology and is used by both public and private sector customers.

It has certifications including ISO27001, ISO27701, SOC2 Type II and Eidas guaranteed levels.

“Invid’s NFC-based solution enhances our document verification capabilities,”

Signicat CEO Asger Hattel said.

“This transaction supports our goal of providing powerful fraud prevention tools while improving the digital identity process.”

Inverid CEO Maarten Wegdam said the two companies share cultural and regional foundations.

“The market is shifting to secure, integrated solutions. By combining our technology with Indicat’s platform, we have a great location to meet this need.”

Invid’s clients include Rabobank, Frontex and government agencies in the UK and Denmark.

You have greatly expanded the company in recent years, opening a R&D hub in Valencia and tripling its revenue under Main Capital ownership.

Insigat develops through the combination of organic product development and strategic acquisitions.

Its platform bans mobile verification, video-based authentication and fraud prevention tools.

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