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NETCETERA AG Netcetera AG: Expanding mobile app and digital identity expertise: Netcetera and Kamino join forces

Transparency directive : regulatory news

22/02/2023 12:14

Netcetera AG / Key word(s): Investment
Netcetera AG: Expanding mobile app and digital identity expertise: Netcetera and Kamino join forces

22.02.2023 / 12:14 CET/CEST


Media release
Zurich and Ljubljana, 22 February 2023
 

Expanding mobile app and digital identity expertise: Netcetera and Kamino join forces

Leading Swiss software company Netcetera acquires Kamino, a company from Slovenia specializing in mobile app and digital identity development. The newly acquired expert know-how and technological expertise strengthen Netcetera’s core competency for business-critical digital solutions. The two companies have cooperated successfully in the past years and have decided on this merger as a strategic next step for the partnership.

Netcetera acquired 100% of the Slovenian software company Kamino at the beginning of 2023. Kamino brings experience and know-how in mobile app, banking and payment, and digital identity product development. They have a strong user experience (UX) team, which integrates perfectly with Netcetera’s portfolio of solutions focusing on the optimal balance of security and convenience for a seamless experience. The two software companies are an excellent strategic fit, so the acquisition was a logical next step to strengthen the cooperation further.

With Kamino, Netcetera gains valuable additional talent. Carsten Wengel, CEO at Netcetera, says “With this strategic expansion, we are investing in our core strengths with additional business expertise and engineering power and a new location in Ljubljana. I’m happy to welcome the 50 new experts to the Netcetera family. With this reinforcement, we can further accelerate digital transformation in all industries.”

Strategic fit to advance payment and digital identity

Kamino’s employees have great mobile app design, development, and maintenance skills. This is paired with an experienced UX team and their proven expertise in digital identity, self-sovereign identities (SSI), and eID. Kamino has built and maintains the Slovenian national eID app that adheres to the eIDAS regulations. eIDAS oversees electronic identification and trust services for electronic transactions in the European Union. Kamino’s know-how and experience are a great addition to the Netcetera team and an asset for the continuous development of Netcetera’s own identity solutions. Together the two companies can drive the evolution, acceptance, and trust in digital IDs to improve and secure people’s lives in a digital world.

Additionally, Kamino complements Netcetera’s strong end-to-end offer in the payment and banking industry. Kamino has a proven track record in the financial industry with a digital wallet developed for an investment company. Besides technological aspects, a people-focused approach toward employees and customers is a value both companies share. Andrej Slapnik, CEO and co-founder of Kamino, says: "Our expertise, approach and background are a great fit, and we have a similar people-first mindset with employees, customers, and users in focus. We look forward to driving innovation in payment and digital identity with user-friendly digital solutions and are excited to begin this journey as part of Netcetera."

 

Media contacts:
Angelika Seiler
Head of Content
angelika.seiler@netcetera.com
+41 44 297 58 09


About Netcetera

Netcetera is a global software company with cutting-edge IT products and individual digital solutions in the areas of secure payments, digital banking, publishing, mobility, healthcare, and pensions technology. More than 2,500 banks and issuers and 160,000 merchants rely on the digital payment solutions and globally certified 3-D Secure products of the market leader for payment security. The company covers the entire IT lifecycle, from ideation and strategy to implementation and operation. The balanced combination of the latest technologies and proven standards ensures investment security, from large-scale projects to innovative start-ups. Founded in 1996, Netcetera is a holding company with around 1,000 employees and is headquartered in Zurich, Switzerland, with locations across Europe, Asia, and the Middle East. Further information on netcetera.com and LinkedIn.

About Kamino
Kamino is a mobile app development hub that specializes in building fintech and super apps. A team of over 50 talented professionals with expertise in areas such as security, identity, communication, and fintech. Aside from working on complex technology, Kamino as a workplace is a fun, entertaining, youthful, and friendly place to be, thanks to our team's cultural and personal vibe.
Kamino works with clients to build robust mobile app experiences that are identity-centric, secure, and user-friendly combined with a deep understanding of SSI technologies based on the Aries protocol. Kamino also offers smart security and verification processes, including KYC and high-security authentication mechanisms, and have experience in building and optimizing fintech apps to comply with regulatory frameworks.
Kamino as a team offer a wide range of services, including consulting, app design, development, and ongoing support, and are able to work with clients at any stage of the product cycle, from pre-product to product-market fit and beyond. Further information: kamino.si



End of Media Release


1565165  22.02.2023 CET/CEST

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