Signicat introduces FinTech Starter Pack

Signicat, a European leading identity assurance provider, has launched its FinTech Starter Pack in a move to help new fintech startups ensure quick regulatory compliance.

According to the release, the starter package is designed specifically keeping fintech companies in mind and includes access to the company’s Assure, Connect and Sign services. This will allow startups to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) legislation in order to achieve increased sales and profitability, onboard customers and build their trust.

“By providing customer on-boarding, KYC and document signing Signicat will allow FinTech companies to take advantage of systems that have already undergone regulatory approval and are currently being used across the globe. We’re dedicated to innovating in the areas of electronic identity and signatures, and to offer customers solutions that enable them to offer their products and services in new and innovative ways. This starter pack is very much part of that,” Gunnar Nordseth, CEO of Signicat said.

The FinTech Starter Pack consists of Signicat cloud services for authentication and digital signing; up to 500 transactions per month in testing and production environment; complete access to the eID infrastructures in Denmark, Norway, Sweden and Finland, among others. The package is free for the first month with €149 per month thereafter.

“Signicat’s solutions are a core part of our crowdfunding offering. Partnering with Signicat for authentication services was a simple process, and has already led to dozens of successful funding rounds for our platform,” Lasse Mäkelä, CEO at Finland-based Investor said.

Founded in 2007, Signicat provides electronic identity and electronic signature solutions in Europe. The company’s solutions are used by banks and financial institutions, insurance companies, government agencies and large corporations as well as small and medium-sized businesses.