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European Investment Bank provides €15 million of funding to IDnow

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IDnow a leading provider for Identity Verification-as-a-Service solutions, recieves €15 million growth funding from European Investment Bank. Funds will support IDnow’s research and development and international expansion. Financing by EU bank is provided under Investment Plan for Europe.

The European Investment Bank (EIB) will provide €15 million of growth funding to the German identity verification platform IDnow. IDnow is an expert in secure, remote auto and video identification and electronic signature services. This enables companies to acquire customers and manage transactions faster and easier, while complying with know your customer (KYC) and anti-money laundering (AML) regulations. The investment will primarily support IDnow’s research and development (R&D) activities as well as its international growth.

This operation is part of the European Growth Finance Facility (EGFF), a product under the guarantee scheme of the European Fund for Strategic Investments (EFSI). The EGFF is designed to address quasi-equity gaps linked to structural market failures across the European Union in the provision of adequate risk capital to late-stage, venture-backed companies. Such European small and medium-sized enterprises (SMEs) and mid-caps often suffer from systemic shortages of large, non-dilutive financing options for growth investments, both tangible and intangible. The benefit of EFSI in this specific case is the clear enhancement of the risk capacity of the Bank.

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EFSI is the central pillar of the Investment Plan for Europe under which the EIB and the European Commission are working together as strategic partners and the EIB’s financing operations are boosting the competitiveness of the European economy. It is accompanied by the advisory service, the European Investment Advisory Hub, which enables public and private project operators to structure their investment projects more professionally.

EIB Vice-President Ambroise Fayolle, who is responsible for EFSI and the bank´s operations in Germany, said: “IDnow, a first-time borrower for the Bank, depends on significant R&D and marketing investments related to commercialisation. The transaction is an excellent example of how the EU bank, with the support of the Investment Plan for Europe, can facilitate the development of innovaton, in particular in sensitive policy areas such as anti-money laundering, counter terrorist financing and cybersecurity, which are of utmost importance for the European Union and its economy.”

European Commissioner for the Economy, Paolo Gentiloni, said: “As ever more of our interactions move online, it’s more important than ever that we strengthen data security and fraud prevention. And it’s right that the Investment Plan for Europe contributes to those efforts. This support for German platform IDnow will enable it to expand its services for digital identity verification of customers and business partners alike. We are investing in a safer online business environment, an objective of our digital finance strategy.”

CFO of IDnow Joe Lichtenberger said: “IDnow has experienced overwhelming demand for its verification-as-a-service across multiple industries and countries, with COVID-19 significantly increasing the need for digital services. The flexible financing structure from the EIB will allow us to accelerate our investment in developing the platform to capitalise on these opportunities. The EIB is an ideal partner to support us in becoming Europe’s leading provider in identity verification.”

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Industry Awards

Amusnet Named Content Provider of the Year at the Italian Gaming Awards 2025

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Amusnet has announced that it has been awarded Content Provider of the Year at the prestigious Italian Gaming Awards. The ceremony took place on April 9 as part of the Italian Gaming Expo & Conference (IGE) at the Salone delle Fontane in Rome. This recognition highlights Amusnet’s commitment to delivering top-tier gaming content and maintaining excellence in one of Europe’s most dynamic and competitive markets.

The Italian Gaming Awards celebrate the best in the industry, honouring companies that are shaping the future of gaming in Italy through outstanding products, practices and performance. With over 110 nominees across 21 categories, this year’s event brought together leading operators, suppliers, regulators and public representatives to recognise achievement and leadership across the sector.

“It’s a great honor to be named Content Provider of the Year. This recognition reflects the dedication and passion of our incredible Amusnet Italy team. We remain committed to further strengthening our position in the Italian market by delivering engaging content that enhances the player experience and expanding our strategic partnerships,” said Polina Nedyalkova, Director at Amusnet Italy.

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The post Amusnet Named Content Provider of the Year at the Italian Gaming Awards 2025 appeared first on European Gaming Industry News.

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Compliance Updates

EQL Games Secures Gaming-related Vendor License from UAE’s GCGRA

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EQL Games has officially secured a GCGRA Gaming-Related Vendor license in the UAE. The license will allow EQL Games to offer a suite of high-end gaming products in the UAE on any regulated gaming platform with a focus on lottery.

The General Commercial Gaming Regulatory Authority (GCGRA) is an independent executive entity within the UAE Federal Government, established by Federal Law by Decree. The Authority holds exclusive jurisdiction to regulate, license and supervise all commercial gaming activities and facilities in the UAE.

“Securing this license marks a significant step for EQL Games as we continue our mission to bring innovative, secure, and responsible lottery solutions to markets worldwide. We are honored to be recognized by the UAE’s regulatory authorities and look forward to supporting their vision for a well-regulated digital lottery experience,” said Brad Cummings, CEO and Founder of EQL Games.

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This achievement aligns with EQL Games’ broader strategy of expanding its footprint in worldwide markets while maintaining a strong focus on responsible gaming and compliance. EQL’s licensing in the UAE is a testament to its ability to meet the highest industry standards and operate within the most rigorous regulatory frameworks.

The post EQL Games Secures Gaming-related Vendor License from UAE’s GCGRA appeared first on European Gaming Industry News.

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DigiPlus Bags 7 Wins at the 2025 Asia-Pacific Stevie Awards

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DigiPlus Interactive Corp. (DigiPlus) has won seven honours – including five coveted gold awards – at the 2025 Asia-Pacific Stevie Awards. This milestone places DigiPlus among the most awarded companies in the region this year, spotlighting its strategic growth and transformative impact across digital entertainment, social development and investor relations.

The Asia-Pacific Stevie Awards are the only business awards Programme that recognises innovation across all 29 markets in the region. Widely regarded as the world’s premier business awards, the Stevie Awards represent a prestigious recognition of business excellence.

DigiPlus bagged five Gold Stevies for ‘Innovative Achievement in Growth’, ‘Innovation in Investor Relations’, ‘Excellence in Social Impact Companies’, ‘Innovation in Annual Reports’ and ‘Innovation in Corporate Websites’. The company also clinched Silver and Bronze Stevies for ‘Achievement in Product Innovation’ and ‘Innovation in Brand Renovation’ respectively.

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At the core of these wins is DigiPlus’ commitment to innovation and digital transformation. From redefining the player experience through localised and immersive content, to launching a refreshed brand identity that resonates with a more connected and tech-savvy user base, DigiPlus has embraced a future-forward mindset. The company’s calculated investments in big data, cutting-edge technologies and stakeholder engagement have not only fueled business growth, but also opened inclusive pathways to digital participation through its social development arm, BingoPlus Foundation.

“This momentous victory at the Asia-Pacific Stevie Awards affirms DigiPlus’ emergence as a true powerhouse of innovation and progress, reshaping industry boundaries and redefining digital consumer engagement on a global scale. Through consistent growth and business performance, DigiPlus reaffirms its unwavering commitment to creating long-term value,” said DigiPlus Chairman Eusebio Tanco.

Winning entries in the Asia-Pacific Stevie Awards undergo a rigorous, multi-layered evaluation by an esteemed panel of judges composed of business and industry leaders across the region.

“The 12th Asia-Pacific Stevie Awards received an impressive array of outstanding entries. This year’s winners have clearly shown their dedication to innovation, and we commend their resilience and imaginative efforts,” said Maggie Miller, President of the Stevie Awards.

The post DigiPlus Bags 7 Wins at the 2025 Asia-Pacific Stevie Awards appeared first on European Gaming Industry News.

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