Vikas Seth joins ID Now as CPO; search by Renovata
Based in Munich, Germany, IDnow is the European leader in customer identification and Know Your Customer (KYC), delivered on an as-a-service platform. Continuing our long-standing relationship with the company, Renovata is pleased to announce the appointment of Vikas Seth as Chief Product Officer.
Founded in 2014, IDnow is one of Europe’s fastest growing Fintech companies and a nominee to the 2018 Fintech50 list of hottest European start-ups. IDnow’s Identity-as-a-Service platform can verify more than 7 billion people from 65 different countries in a matter of moments. With the widest range of concurrent security and identity methodologies in the world, the IDnow platform meets the high security, fraud detection and compliance requirements of the most regulated industries (financial services, healthcare etc.) while also meeting demand from business for speedy and simple workflows that reduce customer onboarding friction in less regulated commercial sectors (mobility, travel, the sharing economy etc.). IDnow is backed by leading venture capital investors, Seventure and BayBG; plus, most recently (May 2018), IDnow has raised a Series B round thanks to a partnership with G+D Mobile Security with associated funding from G+D Ventures. Clients are leading international companies such as Commerzbank, UBS, Sixt, Erste Bank and Telefonica Deutschland, many Fintechs like Fidor, N26 and smava, plus several blockchain-based companies.
Vikas is a highly experienced software product management and development professional with technical, management & leadership roles across three continents under his belt. He has successfully developed and launched multiple new products in cybersecurity, SaaS and mobile; in both consumer and B2B markets. His career began with Gemalto (India; development of smart cards), from where he moved to Honeywell (India and Minneapolis; smart home automation) where he rose from developer via engineering to senior product management. In a decade from 2008-2018, he has worked exclusively at Director, Product Management level for a raft of first-class technology businesses including RSA (EMC’s cybersecurity division), AVG Technologies and Avira. In all these roles he has taken responsibility for the development, launch and ongoing competitiveness of business-critical products with associated P&L/revenue ownership.
Reporting directly to CEO, Rupert Spiegelberg, Vikas will own the product lifecycle from conception to launch of a series of innovative identity-as-a-service products built on IDnow’s new and integrated identity-as-a-service platform.
IDnow’s AI-powered ID verification-as-a-service platform enables companies to confirm the identities of more than 7 billion potential customers online, easily and securely, in compliance with regulatory Know Your Customer (KYC) requirements across Europe and beyond. The IDnow platform, already trusted by several hundred companies across Europe, now also features new biometric, computer vision and security fraud detection technologies that gives it the most extensive range of ID verification capabilities and use cases in the market.
For more information, please see www.idnow.eu