Alior Bank, BNP Paribas and PKO Bank Polski, whom together hold 30% of Polish banking assets have jointly invested in a Series A round of Autenti – Polish fintech offering a platform for electronic signature and digital document workflow. This is the very first transaction in the CEE region that was executed on equal terms both by banks and VC funds, which followed-on on their initial investment. The finalized Series A funding round equates to 4M EUR. Investors of Autenti are open for collaboration with the banking sector that could support Polish standards for remote signing and digital document workflow. At the same time initiative encourages pro ecological solutions in this field.
Joint investment for 3 competing banks in a fintech company, Autenti, is a great example of a partnership combining technology and finances with which we are reaching out to the future. In a few years solutions like this one will be a common standard. With the help of e-signature and digital document workflow customers of Alior Bank will soon benefit from quicker and more convenient access to our products and services from anywhere in the world. This is yet another co-investment of our RBL Venture Capital, which allows us to stay ahead of the digital revolution and the creation of new generation banking
– says Krzysztof Bachta, CEO of Alior Bank.
We are supporting Autenti’s solutions since 2016. Back then as a startup, this company has won 1st Polish edition of the BNB Paribas International Hackathon offering software, that made the process of banking contracts signing more convenient due to the use of e-signature. The development of paperless technologies is not only pure convenience, but also safety of our customers and positive ecological impact that are extremely important for us. Together with our partners we would like to set the new standards in the Polish banking industry
– says Przemek Gdański, CEO of BNP Paribas.
Customers using our services in the Polish market expect that remote contracts signing will be easier, faster and more secure. The cooperation of banks that are competing with each other on a daily basis can meet these requirements and this is the reason why we have decided to invest as PKO VC in Autenti. PKO Bank Polski is continuing its digital transformation as per our strategy changing the company into the bank of future. One of the elements of this strategy is the business use of Autenti platform in our daily banking operations. With the synergy with other tools we are using, it will support our digital workflow of documents
– says Zbigniew Jagiełło, CEO of PKO Bank Polski.
Autenti is one of the gems of the Polish innovative ecosystem. The growth of the company shows that the BRIdge Alfa experiment was a success. It’s the early support of the project that has enabled its tech development that led to the success in business. Our participation this Series A round is a part of our strategy, which highlights the importance of follow-on investments in our most successful portfolio companies.
– says Marcin P. Kowalik, Managing Partner of Black Pearls VC
With the capabilities of banks invited to the company as our new investors and their openness for cooperation beyond divisions, e-signatures delivered by Autenti will make the life easier both for smaller companies as well as corporates in various industries. Soon our offer will be also available to customers and partners outside of Poland.
– says Grzegorz Wójcik, founder and CEO of Autenti
Autenti is a Polish company established in 2014. It offers solutions that allow remote signing of documents with any device connected to the internet. Fast, convenient, safe and compliant with the law.