Client News

Renovata places Rupert Spiegelberg as new CEO for IDnow

Based in Munich, Germany, IDnow is the DACH regional leader in customer identification and Know Your Customer (KYC). We are delighted to announce the appointment of Rupert Spiegelberg as CEO; following a successful executive search led by Renovata.

IDnow is one of Europe’s fastest growing Fintech companies. Using machine learning, IDnow is building an effective Identity-as-a-Service platform that can verify the identities of more than 5.5 billion people from 65 different countries in real time. It is backed by two leading venture capital investors Seventure and BayBG as well as a consortium of well-known business angels. Founded in 2014, the company has already grown to employ a team of 300 from 35 different countries which is still growing rapidly. Clients are leading international companies such as Commerzbank, UBS, Sixt, Erste Bank and Telefonica Deutschland, many Fintechs like Fidor, N26 and smava, plus many blockchain-based companies.

Rupert has an MBA from INSEAD and has worked across Europe and the US. Originally a financial journalist for Bloomberg, he then joined the founding team of Portfin, a white label online trading platform; including managing the business plan for three successful fundraising rounds totaling $6M. Then followed a 16-year career at Investis; originally a digital communications business and now a leading SaaS provider of web, big data and app services with nearly 500 employees in six countries. As Head of Europe, Rupert established and grew the company’s European operation. As Strategy Director, he structured the business to attract a successful PE-backed MBO. And as CEO of New York operation, Investis Inc., he has successfully doubled revenue every year.

Reporting to the board, Rupert is tasked with setting and delivering a strategy to maintain IDnow’s ambitious growth trajectory. He will lead the organization across all functions (product, sales, P&L, corporate development) and become its public face.

Thomas Jepsen, Partner at Renovata says, “Rupert has consistently managed to distil the opportunities presented by technology and deliver it to customers and investors in a way that drives relevance, client longevity and therefore exceptionally high and sustained growth. I have no doubt that he will do the same for IDnow.”

About IDnow
From financial services to utilities, IDnow is a European leader in customer identity management. The company was the first to provide a legally accepted and secure video identification solution to the European market, and the video ID process has now been patented across the continent; but this is only one stage in an identity-as-a-service approach which also includes world-class offerings in eSigning and third party CRM integration.

IDnow’s service includes a resilient software platform, customer management ecosystems (plus of course integration with bespoke in-house systems), video chat and a full call center proposition. Clients pay on a simple, per transaction basis, meaning that IDnow’s success is simply tied to that of its customers.

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