Entrust has announced a definitive agreement to acquire Antelop Solutions, a financial technology company that enables financial institutions to issue secure digital credit and debit cards to their customers.
Combining Antelop’s solutions with the industry leading Entrust card issuance portfolio, Entrust can help banks and financial institutions around the world create integrated, seamless digital and physical financial card and payment experiences for their customers.
Paris-based Antelop Solutions was founded in 2014 and its customer base includes more than 40 leading banks in 25 countries. The firm has about 30 employees who will join Entrust with the acquisition, including founder and CEO Nicolas Bruley. He will continue to lead this team to advance digital financial credential solutions at Entrust. Terms of the deal were not disclosed.
“Consumers want to transact seamlessly and securely, around the world and across platforms,” said Todd Wilkinson, CEO of Entrust. “Banks, credit unions and other financial institutions need to make both digital and physical card payment options secure and easy for their cardholders. Entrust is the world leader in secure payment card issuance — the combination of Entrust and Antelop Solutions will empower financial institutions with an unmatched portfolio of digital and physical credential issuance and transaction security solutions.”