Matica Fintec invested in the California-based biometric and digital identity solutions player Credence ID

Fineurop Soditic acted as exclusive financial advisor to Matica Fintec S.p.A. in the acquisition of 51% of the share capital of Credence ID. The transaction, carried out mostly through a capital increase, also includes the option to acquire the remaining stake at a later stage through specific mechanisms.

Company
Credence ID
Transaction
Sector
Activity
biometric and digital identity solutions
Date
Country
USA; Italy

Founded in 2012 and based in Oakland (California), Credence ID operates globally in the field of biometric and digital identity solutions. The company has grown rapidly to become one of the global leaders in technologies for digital identity verification, Mobile ID, and biometrics, providing proprietary biometric systems—designed in the United States—and software solutions that enable the integrated and secure management of identification processes in governmental, industrial, and commercial contexts.

Credence ID operates in over 30 countries, with more than 300 completed projects and over 100,000 devices installed. It also collaborates with global partners such as Google, Samsung, and Apple, demonstrating the performance of its solutions. The investment represents a key milestone in Matica Fintec's journey aimed at consolidating its leadership in the Digital Identity segment.