IDEX Biometrics
IDEX Biometrics ASA is a Norwegian public company that designs fingerprint-authentication smart cards (access and payment) with on-card processing, EAL6+ secure elements, and FIDO2 support, selling to banks, enterprises, governments, and integrators globally.
- Company typePublic
- Founded1996
- HeadquartersFornebu, Norway
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What IDEX Biometrics does
IDEX Biometrics ASA is a Norwegian public company (Oslo Børs: IDXAF) that designs and sells fingerprint-authentication technology embedded in smart cards. Its portfolio centers on two core products — the Biometric Access Card (physical and digital access control) and the Biometric Payment Card (Visa- and Mastercard-certified) — built on a capacitive fingerprint sensor, an EAL6+-certified on-card secure element, and FIDO2 protocol support. Verification is performed entirely on the card; biometric templates never leave the device and are not stored in cloud or central databases, positioning the products as offline-grade, GDPR-by-design alternatives to mobile authenticators. Supporting offerings include standalone fingerprint sensors and modules sold to integrators, an IDEX Card mobile app for enrollment (iOS/Android), and an online configuration tool for custom quotes.
The company generates revenue primarily through hardware sales of cards, sensors, and modules, supplemented by professional services for enterprise deployment, with quote-based unit pricing and multi-year contracts. It serves banks and card issuers (e.g., LIFE CARD in Japan, Eastern Bank Limited in Bangladesh, Hitachi Payment Services and Airtel Payments Bank for India's first RuPay biometric card), enterprises and government entities (notably a Norwegian public authority access-card supply agreement, and a Zero Trust partnership with Saviynt), and system integrators/distributors across Europe, APAC, and North America. Go-to-market combines direct enterprise field sales with channel partners and ecosystem alliances with payment networks and access-control credential platforms (MIFARE DESFire, HID Seos, Legic).
IDEX is in a pre-commercial scaling phase, having reported FY2025 revenue of US$254,000 and Q4 2025 revenue of US$69,000 against a record Q1 2026 order backlog of NOK 23.4 million. Since 2023 the company has funded operations through a series of private placements (totaling tens of millions of NOK) and insider support from CEO Anders Storbråten and major shareholder Robert Keith. In March 2026 Kjell-Arne Besseberg succeeded Storbråten as CEO to drive commercialization, while the company holds over 254 patents and patent applications globally and most recently achieved FIDO2 certification.
IDEX Biometrics firmographics
Firmographics- Name
- IDEX Biometrics
- Legal name
- IDEX Biometrics ASA
- Website
- https://idexbiometrics.com
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IDEX Biometrics ASA is a Norwegian public company that designs fingerprint-authentication smart cards (access and payment) with on-card processing, EAL6+ secure elements, and FIDO2 support, selling to banks, enterprises, governments, and integrators globally.
- Ownership category
- akta.pro rank
IDEX Biometrics industry classification
Industry- Product category
- Biometric Authentication Smart Cards
- NAICS
- Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
- SIC
- Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics) (HDADALAJ)
- akta.pro secondary industries
- Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF), Identity Verification (IDV) & Document Verification (FSAMALAE)
Keywords
Where IDEX Biometrics is headquartered
LocationHeadquarters
- HQ city
- Fornebu
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
IDEX Biometrics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Biometric Access Cards: Sale of smart cards with embedded fingerprint sensors for physical and digital access control. Cards are sold to enterprises, government entities, and organizations for employee/contractor authentication and access management.
- Biometric Payment Cards: Sale of payment cards with fingerprint authentication, certified by Visa and Mastercard. Sold to banks and card issuers for deployment to end consumers.
- Fingerprint Sensors and Components: Sale of fingerprint sensors and modules to partners and customers integrating biometric capabilities into their card programs.
- Professional Services: Integration, deployment support, and customization services potentially offered alongside product sales for enterprise deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Custom quote-based pricing for biometric access and payment cards |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
IDEX Biometrics product offering
Product offeringCore offering
IDEX Biometrics designs, develops, and sells fingerprint sensor-based biometric smart cards for secure access control and payments. Its core offerings are the Biometric Access Card (unifying physical door access and FIDO2 digital login in one battery-free card) and the Biometric Payment Card (Visa/Mastercard certified, with biometric 3D Secure for online transactions). The company also sells fingerprint sensor components/modules to partners and a mobile enrollment app for iOS and Android.
Product overview
IDEX Biometrics offers a portfolio of biometric authentication products centered on fingerprint-enabled smart cards. The core products are the Biometric Access Card (for physical and digital access control) and the Biometric Payment Card (for secure payments certified by Visa and Mastercard). These are supported by fingerprint sensor components and modules, plus the IDEX Card mobile app for enrollment and management. The access and payment cards share common technology: both use an on-card secure element with EAL6+ certification, capacitive fingerprint sensor with liveness detection, and FIDO2 support for digital authentication. The cards require no battery, drawing power from the reader during use.
Differentiator
Problem solved
Functional benefit
Products and services
- IDEX Biometric Access Card Smart card with integrated fingerprint sensor for unified physical and digital access control. Designed for enterprises, governments, and organizations needing secure employee/contractor authentication without passwords, PINs, or batteries.
- IDEX Biometric Payment Card Payment card with embedded fingerprint sensor enabling biometric authentication for in-store and online payments. Certified by Visa and Mastercard for issuance by banks and card issuers, replacing PIN codes with fingerprint verification.
- Fingerprint Sensors and Modules Fingerprint sensor components and modules sold as standalone products to partners integrating biometric capabilities into their own card or device solutions. Includes capacitive sensors with spoof protection and liveness detection.
- IDEX Card Mobile App Mobile app for iOS and Android enabling cardholder enrollment and management of IDEX biometric cards. Available on the Apple App Store and Google Play Store.
- Accessible Biometric Payment Card Biometric payment card variant combining fingerprint authentication with tactile accessibility features for visually impaired users, replacing PIN authentication with embedded identity verification for inclusive payments.
Quantifiable outcome
- 50% reduction in fraud rate compared to SMS OTP authentication
- +8 more outcomes
Companies that use IDEX Biometrics
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
IDEX Biometrics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration21 records
AI capability2 records
Feature9 records
IDEX Biometrics partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- BKF SystemscorePartnership with BKF Systems for accessible biometric payment card solution alongside TaluCard, providing fingerprint authentication technology for inclusive payment solutions.
- ID Centric Group Pte LtdmajorSingapore/Malaysia-based APAC biometric ID solutions provider. Partnership included NOK 90 million directed private placement giving 20% equity stake, initial binding purchase order worth US$1.75 million for IDEX biometric sensors with deliveries commencing April 2026. ID Centric committed to exclusively deploy IDEX technology across its national ID and biometric identity card offerings in the Asia-Pacific region. The investment was later cancelled by mutual agreement in April 2026.
- TaluCardcorePartnership to launch the first accessible biometric payment card combining fingerprint authentication with tactile accessibility features for visually impaired users. Solution replaces traditional PIN authentication with embedded identity verification, enabling unlimited contactless transactions while reducing fraud vectors and failed payment attempts.
- Hitachi Payment ServicesmajorPartnership to launch India's first RuPay biometric payment card at Global Fintech Fest in Mumbai. Hitachi Payment Services developed the biometric card for the Indian market, featuring IDEX Biometrics fingerprint authentication technology. Card notable for being first of its kind on NPCI's RuPay network, designed to meet RBI's new two-factor authentication regulations.
- Airtel Payments BankmajorPartner in launching India's first RuPay biometric payment card. Airtel Payments Bank is piloting the biometric card developed by Hitachi Payment Services with IDEX technology. Launch aligned with Reserve Bank of India's regulatory update permitting biometric authentication for digital payments, opening the Indian market for this technology.
- SaviyntcoreEnterprise identity governance and access management company integrating IDEX biometric access cards into their Zero Trust security solutions portfolio. Partnership enables Saviynt to strengthen its authentication offerings with proven biometric innovation.
Scale indicators17 records
Recent moves7 records
Expansion highlights6 records
IDEX Biometrics competitors and assessment
Company assessmentBroad incumbents
- Infineon Technologies: Major supplier of EAL6+ secure-element chips used in biometric payment and ID cards, including competing biometric card programs by Thales and IDEMIA. Competes with IDEX at the silicon layer of the biometric card stack.
- NXP Semiconductors: Dominant supplier of secure-element chips for payment and ID cards; NXP's secure-element platform underpins much of the biometric-card ecosystem including IDEX's own solutions. Indirect competitor and ecosystem partner rather than a direct biometric-card rival.
- STMicroelectronics: Broad-line semiconductor manufacturer offering secure elements, NFC controllers, and biometric sensor components for smart cards and IoT. Provides enabling silicon and competes in adjacent secure-element categories.
Direct peers
- IDEMIA: IDEMIA is a leading provider of biometric payment cards, national ID programs, and secure credentials with a global bank and government footprint. Competes with IDEX on the same bank and government biometric card RFPs worldwide.
- Thales Group (Digital Identity & Security): Thales DIS is the largest supplier of biometric payment cards and secure elements globally, with EMV-certified solutions sold to banks and governments. Directly comparable to IDEX as a primary competitor for biometric smart-card deployments and secure-element technology.
- Fingerprint Cards AB (Fingerprints): Swedish fingerprint sensor company that supplies capacitive sensors and biometric authentication software for payment and access cards. Closely comparable in sensor technology and target customer base, including the biometric smart-card market IDEX serves.
- Zwipe: Norwegian-headquartered biometric payment card specialist pursuing a similar go-to-market of low-power fingerprint-authenticated cards for banks and issuers. Direct peer in scale, geography, and product category.
- Next Biometrics: Norwegian fingerprint sensor company with comparable product technology (capacitive sensors) and a customer base spanning smart cards, access control, and notebooks. Competes with IDEX for sensor business in adjacent device categories.
Others
- HID Global (ASSA ABLOY): Global leader in physical access control credentials and readers — listed as an integration partner (HID Seos) in IDEX's access-card offering. Acts simultaneously as ecosystem partner and competitor in enterprise biometric access deployments.
Emerging players
- SmartMetric: Smaller U.S.-based biometric card company with similar on-card fingerprint authentication technology. Comparable product concept and end-customer use case, though substantially smaller scale than IDEX or the major incumbents.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
IDEX Biometrics social profiles
Digital presenceIDEX Biometrics compliance and trust
Trust signalCompliance7 records
IDEX Biometrics financial estimates
Financial estimateRevenue estimate
Valuation estimate
IDEX Biometrics leadership team
Management profileNumber of profiles
Profiles6 records
IDEX Biometrics funding detail
Funding detailFunding overview
Funding rounds10 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IDEX Biometrics M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IDEX Biometrics
What does IDEX Biometrics do?
IDEX Biometrics designs, develops, and sells fingerprint sensor-based biometric smart cards for secure access control and payments. Its core offerings are the Biometric Access Card (unifying physical door access and FIDO2 digital login in one battery-free card) and the Biometric Payment Card (Visa/Mastercard certified, with biometric 3D Secure for online transactions). The company also sells fingerprint sensor components/modules to partners and a mobile enrollment app for iOS and Android.
Is IDEX Biometrics a public or private company?
IDEX Biometrics is a public company. It is classified as public and is currently operating.
When was IDEX Biometrics founded?
IDEX Biometrics was founded in 1996. It employs 11 to 50 people.
Where is IDEX Biometrics based?
IDEX Biometrics is headquartered in Fornebu, Norway, in the Europe region.
How does IDEX Biometrics make money?
Four revenue lines are on record. Biometric Access Cards are the primary driver. The others are biometric Payment Cards, fingerprint Sensors and Components and professional Services.
Who are IDEX Biometrics's main competitors?
Broad incumbents on record are Infineon Technologies, NXP Semiconductors and STMicroelectronics. Direct peers are IDEMIA, Thales Group (Digital Identity & Security), Fingerprint Cards AB (Fingerprints), Zwipe and Next Biometrics. HID Global (ASSA ABLOY) is listed as an others. SmartMetric is listed as an emerging player.
Does IDEX Biometrics have an API?
No public API is recorded for IDEX Biometrics.
What industry is IDEX Biometrics in?
IDEX Biometrics's product category is Biometric Authentication Smart Cards. Its primary akta.pro industry code is HDADALAJ, Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics), with a secondary code of HDADAAAF, Identity Verification & Proofing (IDV, KYC, Biometrics). Its NAICS code is 334510 and its SIC code is 3845.