Won A Large EU Grant from the EU

Signicat, the world’s first and largest identity assurance provider, secured EU funding, which has been used to finalise the development and commercialisation of the IDAaaS (Identity Assurance as a Service) toolbox for use by European financial institutions. The aim is to create a single digital identity market for Europe, one of the European Commission’s priorities for the latter half of the decade.

Signicat’s IDAaaS service will enable financial service providers and other businesses across Europe to verify the identity of a new customer — either an individual or an organisation using electronic identity (eID) and digital verification of paper ID, as well as other technologies including registry lookup, facial recognition, and other innovations. 

"Nordic Innovators has been indispensable to us in our process of gaining EU funding for our project - IDAaaS. Our collaboration with Nordic Innovators has resulted in the fact that we take the IDAaaS technology to next level". Gunnar Nordseth, CEO Signicat