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BankID Norway· 27 Jun 2023 L4 · Significant

BankID BankAxept to acquire Danish eID reseller Criipto

BankID BankAxept kjøper danske Criipto  - BankID ↗

What happened

  • BankID BankAxept AS is acquiring the Danish eID reseller Criipto ApS.
  • Criipto is an official reseller of eID solutions for businesses in Norway (BankID), Denmark (MitID), Sweden (svensk BankID), Finland (FTN) and others.
  • Through the acquisition, BankID BankAxept will for the first time be able to offer BankID services directly to the market.
  • Criipto will operate as a subsidiary of BankID BankAxept.
  • BankID BankAxept states the reseller model will continue alongside the new direct sales channel.

Why it matters to Signicat

  • Direct BankID sales plus a Criipto-owned multi-scheme broker platform would compete with Signicat's eID brokering in the Nordics and its Danish MitID/wallet positions.
  • Criipto's stated markets include Belgium and the Netherlands, which overlaps Signicat's Benelux core market.
Evidence from the source (7 quotes)
  • “BankID BankAxept AS kjøper den danske eID-forhandleren Criipto ApS.” source ↗
  • “Criipto er i dag offisiell forhandler av eID-løsninger til bedrifter i Norge (BankID), Danmark (MitID), Sverige (svensk BankID), Finland (FTN – Finnish Trust Network) med flere.” source ↗
  • “Gjennom oppkjøpet av Criipto vil BankID BankAxept for første gang også kunne tilby disse tjenestene direkte til markedet.” source ↗
  • “Criipto vil operere som et datterselskap av BankID BankAxept.” source ↗
  • “Med oppkjøpet etablerer vi vår egen direktesalgskanal, som skal leve parallelt med forhandlersamarbeidet vårt, sier Brekke.” source ↗
  • “Criipto er i dag offisiell forhandler av eID-løsninger til bedrifter i Norge (BankID), Danmark (MitID), Sverige (svensk BankID), Finland (FTN – Finnish Trust Network) med flere.” source ↗
  • “Viktige markeder for Criipto i dag inkluderer Danmark, Norge, Finland, Sverige, Belgia og Nederland.” source ↗
eID brokeringM&APartnershipNordicsBeneluxDACH

5 of 5 facts verified against the source · confidence high · claude-haiku-5-5