Skip to content

Berlin, March 12, 2025 – YPOG has provided comprehensive legal advice to IDnow, a leading European provider of digital identity verification solutions, on its majority acquisition by Corsair Capital.

With this transaction, the private equity investor secures control of the Munich-based fintech company, positioning IDnow for further expansion in the European market. The company’s founders and previous investors sold the majority of their shares as part of the deal.

IDnow is a key player in the digital identity verification sector, offering video identification, photo identification, and AI-powered verification technologies. The company serves over 900 international customers, including banks, financial service providers, telecom operators, and government institutions.

Through strategic acquisitions, such as the purchase of French market leader Ariadnext, and continuous innovation, IDnow has solidified its market leadership. With Corsair Capital’s backing, IDnow is set to further develop its identity verification platform, expand into new markets, and implement next-generation AI-driven verification technologies.

Team

Dr. Benjamin Ullrich (Lead, Transactions), Partner, Berlin
Dr. Sebastian Schödel (Corporate), Partner, Cologne

Dana Franziska Ritter (Corporate), Associate, Cologne

Matthias Kresser (Transactions), Partner, Berlin/Hamburg
Dr. Malte Bergmann (Transactions), Partner, Hamburg

Jan Stammler (Transactions), Associate, Berlin/Hamburg

Martin Acker (Tax), Associate, Hamburg

 

About IDnow

Founded in 2014 in Munich, IDnow is now one of Europe’s leading providers of digital identity verification and KYC (Know Your Customer) solutions. The company offers a broad range of secure, AI-powered identity verification technologies for banks, financial institutions, mobility providers, and the public sector. With offices in Germany, the UK, and France, IDnow serves over 900 clients worldwide.

Further information: www.idnow.io

 

About us

YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich. 

Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog