The Helvetia Venture Fund has taken a stake in Skribble, a Zurich start-up. Skribble enables its customers to make legally binding electronic signatures valid under Swiss and EU law. As part of its e-signature product, Skribble offers a fully digital identity verification process by bringing together e-IDs from e-ID providers and brokers across Europe. The TrustTech company focuses on signature-intensive sectors, particularly financial services, insurance, property, legal services, human resources and public sector functions. Among Skribble's customers are Wincasa, Kellerhals Carrard, easyJet and the Canton of Fribourg. With the funds raised in the current investment round, Skribble plans to concentrate on expanding its European market activities and integrating other e-ID providers into its own service.
Already in use at Helvetia
In late 2019, Helvetia decided to start using Skribble's services. By early May, it had implemented its first use case, enabling the first customers in the area of occupational benefits to sign documents electronically. The underlying process was digitalised end-to-end. Further fields of application will follow. "At Helvetia, we require 'wet' signatures in many areas; in life insurance, for example, but also in internal processes. With Skribble, we are able to completely digitalise these processes", explains Martin Tschopp, Chief Customer Officer of Helvetia Switzerland. Philipp Dick, CEO and founder of Skribble: "Helvetia and Skribble both stand for trust, security and high-quality services. So I'm very glad to see the Helvetia Venture Fund investing in Skribble."
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