IDnow takes over Ariadnext

It is the third takeover within a year: IDnow has acquired the French company Ariadnext, taking over employees and locations.

Wirecard Communication Services, Identity Trust Management and now Ariadnext - IDnow is in acquisition fever. The latest target is a French company that offers digital identities and remote verification and has now been acquired by IDnow. IDnow is integrating Ariadnext's solution into its current offering and taking over locations and employees.

"With Ariadnext and the recent acquisition of identity Trust Management AG, IDnow can offer its customers an even broader range of products via a single platform and with a seamless user experience," says CEO Andreas Bodczek. For 2022, IDnow expects a threefold increase in revenue compared to 2019.

"We are looking forward to joining such a dedicated team and pooling our experience and skills," says Guillaume Despage from Ariadnext. IDnow's offering can thus be found in Germany, France, the UK, Spain, Poland and Romania.

IDnow was founded in 2014 by Armin Bauer, Dennis von Ferenczy, Felix Haas and Sebastian Baerhold, and the Munich-based company has since raised 50 million euros. The coronavirus pandemic has caused demand for IDnow's digital verification and identification services to rise sharply, by 200% last year. Customers include N26, Solarisbank, Wefox and Commerzbank.