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Full coverage· Tech· Updated

Freitech Acquires Israeli Digital Identity Firm Scanovate for $50 Million

Freitech Group is acquiring Israeli digital identity and regulatory compliance firm Scanovate for approximately $50 million. The deal includes Scanovate's subsidiaries and aims to bolster Freitech's customer lifecycle management capabilities with Scanovate leading the division.

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What happened

  1. 01Freitech Group acquires Israeli firm Scanovate for $50 million.
  2. 02Scanovate specializes in digital identity and regulatory compliance.
  3. 03The deal includes Scanovate's subsidiaries, Salusign and ADO Technologies.
  4. 04Scanovate will lead Freitech's customer lifecycle management.
  5. 05Freitech has a history of acquisitions in financial technology.
Translated and summarized by baba from Bizportal, the latest report. Read Bizportal’s original

The coverage

2 newsrooms on this story

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