Code & Co.

IDnow builds world-class, AI-powered identity verification technologies that address the cybersecurity and digital verification needs of global enterprises by combining seamless, online-only infrastructure with a strong level of security and identity fraud prevention. Founded in 2014, IDnow has grown and integrated its portfolio of identity products onto a single platform, serving as a highly effective solution across different sectors and jurisdictions. Corsair's investment will support IDnow as it expands its product range and captures greater market share throughout Europe, with immediate plans to open new offices in France and the UK.

Corsair Capital, LLC, which includes a highly regarded global private equity platform, is a leading global investor in the financial and business services industries. For the past 25 years, Corsair Capital has invested in many of the sub-sectors that comprise the financial services ecosystem in Europe and North America and has developed a leading practice aligning with strong management teams and co-shareholders to grow specialist businesses. In particular, Corsair has focused on businesses that operate at the crossroads of technology transformation and financial services complexity and that require a deep understanding of, and a global network within, the broad financial industry.

The transaction underlines Code & Co.’s position as a market-leading technology and product advisor on growth equity investments globally. It further highlights Code & Co.’s deep sector expertise in technology, product, and engineering risk and opportunity assessments.