Twoday is acquiring Meo, a leading Copenhagen-based provider of Know Your Customer, KYC, and Anti-Money Laundering, AML, solutions with a strong market position in the legal sector.
The acquisition brings together complementary technologies, expertise, and products across Twoday’s Nordic Digital Identity Management portfolio. Meo will sit alongside existing Twoday solutions such as Addo Sign, Signom, and Ciceron, expanding the company’s capabilities across digital signing, digital forms, identity verification, and compliance, making it easier for businesses to access the technologies they need through one software partner.
“The acquisition represents a fantastic opportunity for Meo. With Twoday behind us, we gain a whole new level of resources and a platform that can help us realise our ambitions. We will have the opportunity to further develop our solutions, reach new customers and, importantly, bring Meo to a much broader market. We are genuinely excited about what lies ahead,”
said Christian Visti, CEO of Meo.
Beyond the Legal Sector
While Meo has built its position in the Danish legal sector, where requirements for customer due diligence and anti-money laundering procedures are particularly important, the need for reliable KYC and AML solutions extends much further. Financial institutions, insurance and pension providers, accounting firms, and other regulated businesses face increasing demands when it comes to identifying customers, verifying identities, and documenting compliance.
“Meo is an excellent fit with our existing products for digital signing, digital forms and identity verification. We see significant potential in combining our solutions and expertise to create a stronger and more comprehensive platform for our customers. At the same time, we see a great opportunity to help Meo expand beyond its strong foothold in the legal sector and reach new customer segments. Growing demand for KYC and AML solutions is not limited to Denmark; it is also driven by increasing regulatory requirements at EU level. This creates exciting opportunities to bring Meo’s solutions to additional European markets,”
said Jesper Drustrup, COO of Twoday Products and responsible for Digital Identity Management.
By combining Meo’s specialised capabilities with Twoday’s existing portfolio, Twoday sees opportunities to support more industries and customer segments across the Nordic region and, over time, additional European markets.
“Joining Twoday is undoubtedly a massive strength for us, allowing Meo to accelerate our development and gain a back office we could only have dreamed of,”
said Christian Visti
The acquisition also marks a milestone in Twoday Products’ growth strategy, as the first step in a new product strategy with more acquisitions potentially to come.
“This acquisition marks the first step in our new product strategy, and hopefully the first of many to come. With CVC behind us, we have a strong long-term partner that shares our ambition to develop and grow Twoday Products through both organic growth and strategic acquisitions. We see great potential in Meo and look forward to supporting Christian Visti and his team in taking the business to the next level,”
said Christian Lanng Nielsen, CEO of Twoday Products.
