M&A Deal Summary

BankID Acquires Criipto

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

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

M&A Deal Summary

Date 2024-09-26
Target Criipto
Sector Information Technology
Buyer(s) BankID
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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