News

March 6, 2025

German startup IDnow scooped up in $295m private equity deal

The deal marks one of the biggest German fintech exits in years

German identity verification startup IDnow has been acquired by New York-headquartered private equity firm, Corsair Capital, in an all-cash deal worth $295m (or €273m).

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Miriam Partington

Miriam Partington was a senior reporter at Sifted, based in Berlin. She covered the DACH region and the future of work, and wrote Startup Life , a weekly newsletter on what it takes to build a startup.

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