November 17, 2017

IDnow wins the EURO FINANCE TECH Award as "Most Successful FinTech"

Last night, the EURO FINANCE TECH Award 2017 was presented for the third time in Frankfurt. The award is organised by the dfv Maleki Group, this year also supported by BearingPoint, Citi and Der Aktionär. Companies could put themselves forward for three categories: Best Cooperation Bank / FinTech, Most Successful FinTech and Personality of the Year in the field of digitisation. In the "Most Successful Fintech" category the coveted award went to the Munich-based Fintech IDnow.

The title of "Most Successful FinTech" is one which the Munich-based video identification and eSigning provider lives up to in many respects. In just a few years, the company has managed to establish itself as Europe's leading provider of digital onboarding solutions. To date IDnow can verify the identity of 5.1 billion people worldwide using its patented process. Thanks to its good contacts with different countries' regulatory authorities, IDnow is always first on the market, offering every country its experience with BaFin's high security standards. Last but not least, IDnow stands out for its superb technical know-how. Its IT experts have unrivalled mastery of conversion optimisation in onboarding. Early on, AI became a hot topic for the video identification solution, which is constantly being further developed in terms of security and user-friendliness.

Danielle Rietsch, Head of Marketing at IDnow, proudly accepted the EURO FINANCE TECH Award yesterday. "This award is very special for us. Our IT team does a great job, ensuring our solutions are always state-of-the-art and very user-friendly. The team doesn't miss a single technical trend either. Anything that further improves our solution or creates new applications for our customers is immediately factored in. We're incredibly proud and delighted to receive this award."

IDnow was founded in Munich in 2014 and is successful in many European countries as well as in various industries. With its solutions, companies can identify their customers in just a few minutes via video chat and have them sign contracts online. This allows the contractual relationship to begin much earlier and more conveniently than if customers had to go to the branch or post office to open an account or sign a leasing contract. The next technical highlights are already in the starting blocks.


About IDnow GmbH
IDnow provides the world’s most advanced machine-learning technology for its Identity-as-a-Service platform that can verify in real time the identities of more than 5.1 billion people from 65 different countries. Our patent-protected video identification and e-signing solutions help our clients save money, improve customer conversion rates and streamline the onboarding process. We are backed by the two leading venture capital investors BayBG and Seventure Partner and a consortium of well-known business angels. Founded in 2014, we already count a large and fast growing team of 300, making us one of Europe’s fastest growing fintechs. Clients are leading international blue chip companies such as Commerzbank, UBS, Sixt, Erste Bank and Telefonica Deutschland, many fintechs like Fidor, N26 and smava as well as many blockchain-based companies. IDnow was awarded “Most Successful Fintech” in 2017.

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