IDnow Opens New Office in London

IDnow, expert in digital identification solutions, announces the next step in its expansion following the recently completed $40 million financing round.

IDnow, the supplier of identity verification as a service solutions with more than 250 customers such as N26, Commerzbank, and UBS, is opening a subsidiary in London and expanding its distribution, service, and marketing team for Great Britain.

After announcing the successful $40 million financing round last month, IDnow is now expanding its market presence in Great Britain. With the opening of a department in London, the FinTech is establishing a strategic location for the Anglo-Saxon region. The new IDnow office is located in London’s business and finance quarter, Canary Wharf.

“The demand for our solutions from the Anglo-Saxon region has already been very strong for several months”, says Andreas Bodczek, CEO of IDnow. “As the world’s leading financial center, London is an important strategic location for us, even in a possible Brexit scenario”, he adds.

Roger Tyrzyk, Head of Sales UK/I at IDnow and long-time industry expert, will drive the local brand entry and lead the sales, service, and marketing team at the new London location.

“For the companies here, our experience with the strict regulations of BaFin* and the AI technology developed in Germany is a great advantage. For us, setting up a team on site is the logical step to offer these customers the best possible service”, says Roger Tyrzyk.
IDnow’s customers already operating in the UK welcome this expansion step, as they benefit directly from the new location.

(*Bundesanstalt für Finanzdienstleistungsaufsicht, Federal Financial Supervisory Authority)