Add-on Acquisition • Information Technology

BankID Acquires Criipto

On September 26, 2024, BankID acquired information technology company Criipto

Acquisition Context

This is BankID’s 1st transaction in the Information Technology sector.
This is BankID’s 1st transaction in Denmark.

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M&A Deal Summary
Date	September 26, 2024
Target	Criipto
Sector	Information Technology
Buyer(s)	BankID
Deal Type	Add-on Acquisition

Target Company

Criipto

Copenhagen, Denmark

Criipto is an eID reseller, helping companies in finance, healthcare, and insurance implement and manage digital ID solutions. Criipto is based in Copenhagen, Denmark.

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Buyer Overview 1

Buyer

BankID

Oslo, Norway

Category	Company
Sector	Information Technology

DESCRIPTION

BankID conducts customer verifications and maintains, develops the service, and sells BankID to Norwegian businesses through a system of resellers. It provides ID, payments, and KYC/AML in Norway, offering services under the brands BankID, BankAxept, Kundesjekk, and Stø. BankID is based in Oslo, Norway.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Denmark	1 of 1
Year: 2024	1 of 1

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