Signicat looks to accelerate international expansion with new CEO and chairman

Categories Biometrics News  |  Trade Notes

Digital identity solutions specialist Signicat announced that it has brought in new expertise and capabilities to strengthen and position the company to accelerate international expansion.

Johan Tjärnberg, special advisor at Ingenico Group and former CEO of Bambora, has been appointed the new chairman and Asger Hattel, previous CEO and head of Nets Merchant Services, is being appointed as new CEO. Current CEO and Signicat co-founder Gunnar Nordseth will stay on as a shareholder and transition into a senior business development role.

“Signicat is on a fast-growing journey to expand internationally and further strengthen its position in the Nordic and broader international markets,” Nordseth explains. “We founded this company with a grand vision and I am very proud of what we as a team have achieved up until today. We have now come to a phase where I want to hand over the leadership reins to a leader with greater experience in international expansion, and in scaling the business to the benefit of current and future customers.”

Nordseth added that he will “continue to be committed to Signicat as shareholder and I am looking forward to work closely with Asger, focusing on innovation and business development.”

Before joining Signicat Hattel was group executive vice president at Nordic payments provider Nets, where he, as CEO for the Merchant Services business with his team, built Nets into a Northern European leader. He previously he worked as executive vice president and head of TDC’s Nordic and Wholesale business.

Tjärnberg has a hostory of building strong global fintech businesses, previously holding positions as CEO of Bambora and EVP of the Ingenico Group’s Retail Business Unit. At end of 2019 he took up a role as special advisor to the Ingenico Group and this yearhe will join the board of Ingenico.

“Signicat is a recognised leader in one of the most exciting and fast-growing technology areas globally,” says Fredrik Näslund, Partner, Nordic Capital Advisors. “A warm thanks to Gunnar and his experienced management team that have succeeded in achieving this strong market position. As majority owner, Nordic Capital is enthusiastic about supporting Signicat’s continued growth and bringing a unique experience of international expansion by the appointment of Johan and Asger.”

Signicat was founded in Trondheim, Norway in 2007. Nordic Capital acquired the company last April.

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