Signicat Review
6.9/10Signicat is a Trondheim firm founded in 2006 that reaches 35+ national and bank eID schemes through one API (BankID, MitID, itsme, iDIN, FTN, FranceConnect, SPID, Smart-ID and more), one of the first certified eIDAS 2.0 QTSPs, owned by Nordic Capital since 2019, with EUR ~140M revenue, ~520 staff, and 1,300+ enterprise customers.
Our read
- National and bank eID coverage: 35+ European schemes through one API.
- BankID and Pay-n-Play: Signicat is the identity layer for the Nordic instant-onboarding model that open-banking rails (Trustly, Brite, Zimpler, Volt, Yaspa) power on the money side, with verified onboarding in about 30 seconds via BankID.
- EU regulatory status: one of the first certified eIDAS 2.0 QTSPs, a supervised designation.
- Scale and tenure: EUR ~140M revenue, ~520 staff, and 1,300+ enterprise customers across 45+ markets since 2006 (2025), FT and Statista Long-Term Growth Champion two years running.
- No US state gaming registration.
- Roll-up integration complexity: the platform was assembled from seven acquisitions over five-plus years (Idfy, Connectis, Encap, Electronic Identification, Dokobit, Sphonic, SmartWorks), so breadth comes with many stacks unified over time.
- No published per-check or per-eID schedule: pricing is enterprise and on-request.
European operators that want national-eID and BankID or Pay-n-Play onboarding, eIDAS and EU wallet readiness, and a broad one-API identity and signing stack from a single vendor.
US-only operators that need KYC with a state registration behind it, and buyers who want published per-check pricing before the first call.
Markets & licensing
Signicat's market map is the eIDAS zone. By the end of 2026 every EU member state has to offer a Digital Identity Wallet.
Signicat runs no US operation.
Signicat's UK presence traces to the Sphonic acquisition in April 2022, which brought the orchestration and financial-crime layer. The eID model is less central to the UK than to the Nordics, and no British scheme sits on the hub.
- eIDAS 2.0 Qualified Trust Service ProviderEuropean Union
- A formal supervised designation covering qualified trust services and e-signing · Certified 2026
Licensing tier: EU trust-services supervision, not gaming licensing.
The 45+ markets cover the Nordics, Benelux, Baltics, Iberia, DACH, and the UK, built out through the acquisition roll-up (2025).
The eID coverage is European and does not extend outside the eIDAS zone.
Platform & capabilities
Everything the product does out of the box. If a feature isn't listed, the vendor either doesn't offer it or doesn't say.
Integrations & engineering
One contract and one API instead of a separate deal per studio, feed, or PSP. Here's what connects, how fast, and on what stack.
Everything runs through one API and the developer portal at developer.signicat.com. The eID and Wallet Hub reaches 35+ national and bank schemes as a single integration, the identity-proofing engine adds document and biometric verification for markets without an eID, and the Sphonic-heritage orchestration layer combines eIDs, IDV, data checks, and fraud screening behind one configuration. Reusable identity is native to the eID model, so a verified user re-authenticates with the same scheme. On Pay-n-Play, with BankID, verified onboarding completes in about 30 seconds on the identity side, sitting on top of the open-banking payment rails that move the funds.
The developer portal is open and the eID hub collapses many country integrations into one, while market expansion runs two to three weeks. The calendar depends on the eID set and comes out of the sales process.
Products & tools
One API wraps the eID hub with document plus biometric IDV, data verification, AML and KYC automation, qualified e-signing, and Sphonic-heritage orchestration.
eID and Wallet Hub
One integration reaches 35+ European national and bank eID schemes plus 200+ trusted data sources, and it is built to accept EU Digital Identity Wallets alongside those eIDs without a country-by-country build.
- 35+ eIDs on the hub, including Norwegian BankID, MitID, itsme, iDIN, FTN, FranceConnect, SPID, and Smart-ID
- Nordic and Baltic depth: BankID, MitID, Freja eID, Buypass, Smart-ID, Mobiil-ID, and Suomi.fi through one contract
- Benelux and DACH reach: iDIN, DigiD, itsme, eHerkenning, the German Personalausweis eID, and ID Austria
- Email and SMS OTP fallbacks where no eID applies
Identity Proofing
Document plus biometric verification, from the Electronic Identification acquisition in Spain, alongside data verification of name, age, address, and affordability, and AML and KYC automation for onboarding.
- ID document capture plus biometric and liveness verification for markets without an eID
- Data verification across name, age, address, and affordability signals
- AML and KYC automation for onboarding and for periodic re-checks
- Age verification for gambling access
- Real-time risk data feeding onboarding decisions
Trust Orchestration
Combine eIDs, document IDV, data checks, and fraud and financial-crime screening in one configurable flow, the capability that came in with the Sphonic acquisition in April 2022.
- One flow spanning eID, document IDV, data verification, and AML screening
- Fraud and financial-crime layer from the UK Sphonic acquisition
- Rule-based routing between verification methods by market and risk
- Reusable identity native to the eID model, so verified attributes carry forward
Electronic Signing
A qualified electronic signature business built on the Dokobit and Connectis heritage, run under Signicat's eIDAS Qualified Trust Service Provider status.
- Qualified, advanced, and simple electronic signatures under eIDAS
- Signing tied to the same eID schemes used for verification
- Qualified trust services under eIDAS, a formal supervised designation
- Baltics and Benelux signing depth from the Dokobit and Connectis acquisitions
- One vendor for verify-and-sign flows in regulated onboarding
The history
Longevity in this industry usually comes with a change of owner somewhere in it.
Signicat AS started in 2006 in Trondheim, Norway, which is still the HQ, and grew into the pan-European identity company it is today largely under Nordic Capital, which took a majority stake in April 2019 through Fund IX and still owns it in 2026. Under that ownership Signicat made seven acquisitions to assemble a pan-European digital identity platform: Idfy (2019), Connectis (2020), Encap Security (2021), Electronic Identification in Spain (2021), Dokobit (2021), the UK's Sphonic in April 2022 for orchestration and financial-crime tooling, and SmartWorks (2024) for Iceland. The result is a EUR ~140M-revenue company with about 520 staff and 1,300+ enterprise customers across 45+ markets (2025), led by CEO Asger Hattel, and recognized by the FT and Statista as a European Long-Term Growth Champion two years running.
Brands & clients on the platform
Corporate
- Idfy (2019)
- Connectis (2020)
- Encap Security (2021)
- Electronic Identification (2021)
- Dokobit (2021)
- Sphonic (2022)
- SmartWorks (2024)
Leadership
Milestones
- 2006
Signicat AS is founded in Trondheim, Norway, as an early specialist in electronic identity and trust services.
- 2019
Nordic Capital acquires a majority stake in April through Fund IX, and Signicat acquires Idfy, opening the roll-up era.
- 2020
Connectis (Netherlands) is acquired, adding Benelux digital-identity reach and platform breadth.
- 2021
Three acquisitions land: Encap Security (mobile identity), Electronic Identification in Spain (the proprietary eIDV tech), and Dokobit in Lithuania (Baltic e-signature).
- 2022
Signicat acquires the UK's Sphonic in April, adding the trust-orchestration, anti-fraud, and AML layer to the platform.
- 2024
SmartWorks (Iceland) is acquired.
- 2025
Revenue reaches EUR ~140M, with ~520 staff, 1,300+ enterprise customers, and 45+ markets, and the FT and Statista name Signicat a European Long-Term Growth Champion for a second consecutive year.
- 2026
Signicat is among the first companies certified as a Qualified Trust Service Provider under eIDAS 2.0.
Where they're pushing next
- The Nordic Pay-n-Play identity layer, with Finland's domestic license framework arriving in 2027
- Continued European eID coverage as new national and bank schemes come online
Awards & recognition
Longevity and ownership
Switching vendors is expensive, which makes the company's staying power part of the purchase. What the contract says about your data decides how expensive an exit gets.
Signicat vs alternatives
Most buyers in this market shortlist three or four vendors long before they take a single sales call.
Pricing & terms
Signicat quotes pricing per project. Here's how the model and the terms are structured.
Enterprise and on-request end to end: no published per-check or per-eID rate for operators
Turnkey
Path to launch
- 1Contact Signicat sales
- 2Map your markets to the eID list and confirm the specific schemes you need
- 3Scope the flow in orchestration: decide where eID, document plus biometric IDV, data verification, and AML screening each apply by market and risk
- 4Build against the developer portal, one integration for the eID hub
- 5For a Pay-n-Play deployment, wire the BankID identity layer on top of your open-banking payment rail (Trustly, Brite, Zimpler, Volt, or Yaspa)
- 6Confirm certifications for your jurisdiction and go live market by market
Support & account management
You can't demo service before you sign, so what a vendor puts in writing is the only floor you can hold it to.