Award-Profitable Sensible Card Cybersecurity Agency CardLab Enters into Strategic Partnership with Italian Hello-Tech Firm WiBioCard
CardLab and WiBioCard have mixed their proprietary applied sciences to create a completely built-in card and backend authentication resolution that goals to unlock a brand new period of distinctive person identification and privateness safety.
CardLab ApS
San Francisco, California, USA, Jan. 26, 2023 (GLOBE NEWSWIRE) — Danish high-security sensible card supplier CardLab ApS (“CardLab”) has entered right into a strategic partnership settlement with WiBioCard, which has just lately licensed CardLab’s biometric card applied sciences. The brand new partnership will see WiBioCard’s personnel situated in Italy working carefully alongside CardLab’s Denmark-based personnel to mix their respective options into a completely built-in card and backend authentication resolution.
US Capital Global Securities LLC, an SEC-registered broker-dealer affiliate of world monetary group US Capital World, has structured a $10 million investment opportunity in CardLab, which stays open to eligible buyers. With places of work in San Francisco, Dallas, Miami, London, Milan, and Dubai, US Capital World is a full-service non-public monetary group with a longtime observe report in funding banking, asset administration, and capital formation providers.
CardLab has a stable portfolio of biometric card options, a full backend authentication system, sturdy IP patent property, and is a singular “Authentication as a Service” supplier of absolutely encrypted biometric card {hardware} and supporting software program platforms. CardLab gives next-generation digital card growth and manufacturing providers that allow manufacturing of proprietary customized sensible playing cards from preliminary idea to mass manufacturing. WiBioCard has a really sturdy partnership community for purposes requiring safe buyer identification having its personal authentication system that may combine biometric card options as a high Cybersecurity supplier. The synergistic collaboration will drastically improve the worth and capabilities of each corporations on this very lively sector.
Frank Sandeløv, CEO at CardLab, mentioned: “CardLab has created card options to assist battle fraud and identification theft, present distinctive identification, and concurrently provide full privateness safety. Through the latest pandemic we noticed the significance of safe authentication as distant work and different evolving office environments prompted hacker assaults to skyrocket, inflicting big losses for corporations and people. The collaboration between WiBioCard and CardLab gives a worthwhile new alternative for our clients, which vary from corporations to authorities establishments, to solidify a much more handy resolution, superior protections, and make use of environment friendly cybersecurity instruments to safeguard their crucial information in a extremely safe system.”
Charles Towle, CEO at US Capital World Securities, mentioned: “We’re extraordinarily happy to have fun this vital milestone achievement with our shopper CardLab Aps, the following technology in cyber options. Nominated by the European Fee as one among Europe’s most progressive high-tech corporations, CardLab has grown right into a world chief within the biometric sensible card business with clients throughout Europe, Asia, and North America. In case you are on this progressive and quickly increasing group, the chance to take part in its $10 million fairness providing remains open to eligible investors.”
Final yr, CardLab was designated the “Most Safe and Progressive Cyber Safety Safety Resolution” by Enterprise World Journal, alongside a number of different business awards by World Enterprise Outlook, together with “Finest Card Safety Options Supplier Denmark 2022.”
About CardLab ApS
Primarily based in Denmark, CardLab is a world-leading know-how supplier to the digital identification and powered sensible card business. CardLab develops and commercializes ISO 7810 compliant safe card merchandise, together with a fingerprint card authentication resolution for fee, ID, entry management, blockchain and cryptocurrency platforms, and cyber safety. With manufacturing companions in Asia and the US and its personal manufacturing unit in Thailand, CardLab gives high-quality technical design and manufacturing assist for card options, together with scalable safety ranges and present infrastructure compatibility, making implementation inexpensive for finish customers. www.cardlab.com
About US Capital World
US Capital Global Securities LLC (USCGS) is the FINRA-member broker-dealer division of US Capital World that acts as placement agent for growth-stage corporations, tasks, and funding funds. Since 1998, US Capital World has been dedicated to offering decrease center market companies and buyers with subtle debt, fairness, and funding alternatives often obtainable solely to bigger center market corporations and institutional buyers, utilizing the most recent FinTech and RegTech innovation. US Capital World entities handle direct funding funds and supply wealth administration and capital elevate providers. USCGS or its associates might present recommendation to, be compensated by, might produce other enterprise relationships with, or might now and again purchase, maintain, or promote a place within the securities of the issuers talked about herein. Any such provide or solicitation shall be made solely pursuant to the confidential non-public placement memorandum. View USCGS’ Type CRS at www.uscapglobalsecurities.com/crs.html.
To be taught extra concerning the funding alternative in CardLab Aps, e-mail Lisa Terk, Senior Vice President, at [email protected] or name+1 415-889-1026.
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CONTACT: Vanessa Guajardo US Capital World +1 415 889 1045 [email protected]
