Cuatrecasas advises Validated ID in its integration process in Signaturit Group

Cuatrecasas has advised the founders and partners of Validated ID on the sale of 100% of its share capital to Signaturit Group, which will expand its offering with new identity verification, authentication and advanced digital signature solutions, including decentralized identity capabilities under eIDAS2.

Founded in 2012, Validated ID is a leading provider of innovative digital identity and e-signature solutions. In 2018, it won the second edition of Cuatrecasas Acelera and subsequently received funding from Cuatrecasas Ventures to further develop its interesting proposition specializing in electronic wallets and qualified signatures. The company currently has a growing network of more than 300 partners and serves more than 4,000 clients in over 35 countries.

The collaboration will allow both companies to develop new technological proposals that will benefit their customers and end users. The acquisition will enable Signaturit Group to expand its portfolio of digital identity and signature solutions, strengthen pan-European regulatory compliance through Validated ID’s expertise in eIDAS and GDPR, and enhance the group’s presence in highly regulated industries. In addition, it will strengthen commercial reach with more than 100 million annual transactions and a customer base of 100,000 customers, also boosting its partner ecosystem with more than 150 integrations in Europe.

“We are very proud to have advised Validated ID in this strategic transaction, which strengthens the position of both companies in the market and drives innovation in the trusted e-services sector,” says Alejandro Payá, Corporate lawyer who has led the advice of a transaction in which Xavier Morera and Anna Iribarren have also participated.