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Cryptomathic

Can Cryptomathic become the de facto cryptographic trust infrastructure layer — spanning payment key management, EMV card security, and digital signing — for banks, governments, and enterprises globally?

Founded1986
HQAarhus, Denmark
IndustryInfrastructure / Payments
The story

Founded in 1986 as a cryptography research and software company, Cryptomathic has spent nearly four decades building security infrastructure for financial institutions and governments. The company evolved from foundational cryptographic tooling into a suite of payment security, digital signing, and key management platforms, becoming deeply embedded in EMV card issuance workflows for 500+ financial institutions globally. More recently, it has extended into cloud key management (BYOK/BYOE for AWS, Azure, GCP) and qualified electronic signature (QES/eIDAS) services, positioning itself as a trust infrastructure vendor for both financial services and broader enterprise markets. Acquired by The Riverside Company (private equity), the company continues to operate as an independent security software vendor.

Last 12 months
2023-04
2023-01
Product timeline
1986
Cryptomathic founded in Aarhus, Denmark, as a cryptographic solutions company serving governments, banks, and businesses.· pivot
2023
Cryptomathic launched AWS BYOK (Bring Your Own Key) cloud key management service, extending CKMS to cloud environments including AWS, Azure, and GCP.· banking
2023
Partnership with fidentity announced to integrate automated identity verification into Cryptomathic's remote Qualified Electronic Signature (QES) solution.· pivot
The stack
Accounting gap: none