The demand for digital identities, Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions are structurally growing in Europe, driven by increased regulation that is becoming more stringent. These solutions are primarily used to access online services, to sign documents electronically and to onboard customers. As companies face a more complicated regulatory environment, they require streamlined and simplified tools to support their processes.
Tommy Jarnemark, CEO of Verified commented: “We are eager to work alongside Verdane, a firm that has a strong track record scaling SaaS companies, to power our growth across Europe. We’re also looking forward to working with the fantastic team at Assently; as well as being a great fit with Verified, acquiring Assently helps us in our goal to become a ‘one stop shop’ full-service provider for customers’ AML and KYC needs. AML and KYC is a notorious pain point for businesses, and we’re looking forward to helping many more customers resolve this with our product suite of easy, efficient smart solutions.’
Linda Ahrgen, CEO of Assently said: “We are thrilled to join forces with Verified and have access to their highly experienced team and extensive platform. Our team cultures are strongly aligned, and we are both dedicated to providing the best experience for our customers. This is an exciting opportunity for both our customers and our company. With the support of Verified and Verdane, we will be significantly enriching the product offering for customers.”
Nils Vold, Partner at Verdane commented: “We have been impressed with Verified’s excellent team and strong product offering. In a crowded market, Verified stands out from the competition thanks to its easy-to-use, integrated platform, broad functionality and loyal customer base. Its offering is a powerful tool which plays a key role in a company’s ability to digitize their processes and save valuable time and resources. Verified have shown impressive growth organically, and we look forward to backing the fantastic Verified team to expand its platform and presence across Europe.”