What exceet Card Group does

exceet Card Group is a privately held European manufacturer of secure payment cards, RFID and dual-interface cards, chip cards, and high-security identity documents, headquartered in Kematen in Tirol, Austria, and operating six certified production sites across Austria, Germany, Switzerland, Belgium, Czech Republic, and Denmark. The company was founded in 2008 by Ulrich Reutner (CEO) and Robert Wolny (COO), both of whom continue to hold controlling ownership following a February 2026 mezzanine investment from Andera Acto V that priced the business at a €280 million post-money valuation. The portfolio spans physical payment cards (credit, debit, prepaid, metal, and wooden cards), government credentials (passports, polycarbonate datapages, residence permits, driving licenses, railcar driver cards), access cards for transport and high-security premises, and retail/voucher/prepaid cards, plus the mobile-pocket digital companion app.

Core technology centers on certified high-security printing and polycarbonate datapage personalization with biometric data capture (ISO 14298:2021), chip and antenna integration including Infineon's SECORA Pay Green module that yields a fully compostable wood payment card, FIDO authentication standards, and FSC chain-of-custody certified sustainable card materials. The company operates production lines certified by Visa and Mastercard for logical and physical security (PCI guidelines), Mastercard CQM, ISO 9001:2015 quality management, ISO 27001 information security, and ISO 14001 environmental management, with annual production of approximately 400 million cards and antennas.

Revenue is generated through B2B hardware sales of card products to banks, fintechs, government authorities, transport operators, retailers, and insurance companies, augmented by professional services for personalization, encoding, packaging, fulfillment, and lettershop work; pricing is custom-quoted by volume, materials, and security features under multi-year enterprise contracts. Disclosed revenue reached €80 million following the January 2024 acquisition of Danish government ID specialist idpeople, with the company employing 335 people as of February 2026 and serving named customers including bank99 (wooden payment cards), ÖBB Austrian Federal Railways (railcar driver cards), German counties via givve (asylum-seeker payment cards), and various banks and fintechs across Europe.

Name

exceet Card Group

Legal name

exceet Card Group GmbH

Website

https://exceet-card-group.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

exceet Card Group is a European manufacturer of secure payment cards, RFID/chip cards, and high-security government identity documents, operating six certified production sites in Austria, Germany, Switzerland, Belgium, Czech Republic, and Denmark. It serves banks, fintechs, public authorities, and transport operators, producing ~400 million cards annually.

Ownership category

akta.pro rank

Headquarters

HQ city

Unterschleißheim

HQ country

Germany

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Card Manufacturing and Sales: Production and sale of payment cards, RFID cards, dual-interface cards, chip cards, and high-security cards. Annual production of approximately 400 million cards and antennas across six locations.
2. Personalization and Customization Services: Customization, personalization, encoding, and fulfillment services for cards. Includes project planning, interface integration, migration of RFID and chip technologies, technical implementation, packaging, and lettershop services.
3. Government ID Solutions: Production of government ID documents including passports, identity cards, driving licenses, residence permits, and railcar driver cards for public authorities.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

exceet Card Group manufactures secure plastic, RFID, dual-interface and chip cards, high-security polycarbonate government ID documents (passports, datapages, ID cards, driver's licenses, railcar driver cards) and sustainable payment cards (wood, recycled PVC/PET, metal). The company controls the full value chain from development and production through encoding, personalization, packaging and lettershop fulfillment, producing around 400 million cards and antennas per year across six European sites. Customers include banks, fintechs, public authorities, transport operators, elevator/ski operators and retailers.

Product overview

exceet Card Group is a leading European manufacturer of secure payment cards, RFID/digital identity solutions, and high-security government documents. The portfolio includes core card products (RFID cards, dual interface cards, chip cards, access cards, customer/voucher/prepaid cards), high-security government products (high security cards, datapages, passports, inlays), and sustainable materials options (wood premium cards, recycled PVC/PET cards). The company also offers the mobile-pocket digital companion app for smartphone card management. Products span from physical high-security polycarbonate documents and payment solutions to digital offerings, with full value chain control from design and development through production, personalization, and fulfillment across six European locations in Austria, Germany, Switzerland, Belgium, Denmark, and Czech Republic.

Differentiator

Problem solved

Functional benefit

Brands

• mobile-pocket: Digital wallet app that allows customer cards to be stored and managed in digital form on smartphones. Users can receive individualized offers and earn points.

Products and services

• High Security Cards Counterfeit-proof high-security cards and inlays made of polycarbonate, certified to ISO 14298:2021, designed for government institutions and other high-security applications including ID cards, driver's licenses and residence permits.
• Datapages Polycarbonate datapages with advanced security features that protect the holder's identity while offering high durability and longevity for use in passports and other security documents.
• Passports
• RFID Cards
• Dual Interface Cards
• Chip Cards
• Wood Premium Card VISA- and Mastercard-certified wooden payment cards made from locally sourced Swiss wood, featuring Infineon SECORA Pay Green chip technology that enables full compostability after chip module removal at end of life.
• Access Cards
• Customer / Voucher / Prepaid Cards
• Inlays
• Mobile-Pocket
• Austrian Railcar Driver Card EU-wide valid official authorization for rail vehicles, produced and personalized in cooperation with the Austrian Federal Ministry for Climate Action.

Quantifiable outcome

• 400 million cards and antennas produced annually
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• EPM UAEminorChannel Partner/ Reseller/ Distributor · 14 January 2025EPM UAE is a distribution/marketing partner for government solutions. Roland Theiner, Head of Government Segment, co-exhibited with EPM UAE at Intersec Dubai to showcase innovative high-security card solutions and identity technologies.
• Infineon TechnologiescoreTechnology or Integration · 29 October 2024Infineon provides SECORA Pay Green chip technology for wooden payment cards. This technology integrates the antenna into the chip module, making the card fully compostable after chip module removal at end of lifecycle.
• givvecoreChannel Partner/ Reseller/ Distributorgivve is a leading benefit card provider and long-term partner. exceet produces payment cards for asylum seekers for German counties through givve. Cards developed and produced by exceet at German site with maximum functionality and short transport routes.
• MastercardcoreTechnology or IntegrationMastercard supports banks in transition to eco-certified cards. By 2028, all newly produced Mastercard cards must be made from sustainable materials. exceet is already producing recycled material cards in line with Mastercard Strategy 2028.
• VisacoreTechnology or IntegrationVisa provides certification for payment card production. exceet Card Group produces at Visa certified locations with physical security certification for Kematen and logical & physical security for other sites.
• Forest Stewardship Council (FSC)coreStrategic or Co-development PartnerFSC certification covers the entire wood card supply chain from wood purchase through production planning, structure, manufacturing, finishing, and delivery. Chain of Custody certification at Kematen production center.
• Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (Austria)coreStrategic or Co-development PartnerCooperation with Austrian ministry for production of railcar driver cards. exceet produces and personalizes Austrian railcar driver's license valid throughout EU as official authorization for rail vehicles.

Scale indicators7 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• ABnote (American Banknote Corporation): North American manufacturer of payment cards, secure documents, and gift/loyalty cards for financial institutions and retailers. Directly comparable to exceet in physical card production and personalization services, serving similar banking and retail end-markets.
• HID Global: US-based (Assa Abloy subsidiary) manufacturer of secure identity cards, RFID credentials, and access control solutions with strong government and enterprise customer base. Directly comparable to exceet in physical card production, RFID technology, and high-security access applications.
• Veridos: Berlin-based joint venture between Giesecke+Devrient and Bundesdruckerei specializing in government-issued secure ID documents (passports, ID cards) worldwide. Directly comparable to exceet's government ID segment with overlapping high-security polycarbonate expertise.
• Giesecke+Devrient: Munich-headquartered family-owned provider of smart cards, secure ID documents, and payment card production with global reach. Directly comparable to exceet in product mix (payment, government ID, secure documents), European production footprint, and customer base of banks and governments.
• Thales (Digital Identity & Security): Thales' Digital Identity & Security business (formerly Gemalto) is a global leader in smart cards, secure documents, and digital identity for governments and banks. Directly comparable to exceet in secure card production, government ID, and payment solutions, though at significantly larger global scale.
• IDEMIA: French leader in secure identity and payment card solutions formed from the merger of Oberthur Technologies and Morpho. Directly comparable to exceet across government ID documents, payment cards, and personalization services for banks and public authorities.
• CPI Card Group: US-based publicly traded manufacturer of payment, debit, credit, and prepaid cards for banks and fintechs. Directly comparable to exceet in payment card manufacturing, though primarily serving the North American market rather than European banks.

Broad incumbents

• De La Rue: UK-headquartered commercial banknote and security printer producing passports, identity documents, and tax stamps for governments worldwide. Comparable in high-security printing and government ID credentials, though its core business is banknotes rather than payment cards.
• Toppan Printing: Large Japanese printing and secure documents conglomerate with a security business producing passports, payment cards, and ID credentials globally. Comparable in secure document production but operates at much broader scale across packaging, décor, and electronics beyond cards.

Emerging players

• Paragon ID: French provider of RFID and contactless identification solutions including smart cards, tickets, and eID for transport, government, and retail. Comparable to exceet in RFID cards and access/transport applications but smaller scale and more focused on specific verticals like transit ticketing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/exceet-card-group

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about exceet Card Group