Nect Acquires AML Compliance Provider Acadias

Nect acquires Acadias, a provider of a fully automated platform for KYC and KYB checks, to expand its products with a key component of anti-money laundering (AML) compliance. Both parties have agreed not to disclose the terms of the acquisition. The acquisition accelerates the mission to become Europe’s largest Trust Service Provider.

Nect secures seven-figure investment from Round2 Capital

Round2 Capital invests 2.5 million Euros in Nect through revenue-based financing, thereby supporting a leading provider of digital identity solutions. The financing supports Nect’s market expansion and secures its leading position in a new era and a new business model for the ID verification (IDV) industry.

Nect and HelloGuest offer digital solution for hotel check-in and registration forms

The identification provider Nect and HelloGuest Solutions GmbH, a manufacturer of self-
check-in software for the hotel industry, have jointly developed a new solution for digital
check-in and the digital creation of registration forms. This was presented for the
first time in March at Internorga in Hamburg and enables users to
identify themselves particularly quickly in just a few minutes, as well as re-verify
within a few seconds.

Nect technology is being used for the first time at a German building society

Since the beginning of 2023, the certified and patented identification technology of the Hamburg-based IT company Nect has been used at Wüstenrot Bausparkasse AG. Wüstenrot identifies customers via the Nect Ident process as part of digital loan disbursement. The basis for the collaboration is a partnership between Nect and the company builder and IT solutions provider crossbuilders GmbH.