Selp

What Selp does

SELP is a France-headquartered high-security printer and digital identity solutions provider, founded in 1964, that produces physical and digital secure documents, smart cards, and payment instruments for governments, banks, and retailers across more than 60 countries. The company operates four certified production facilities — Angoulême, Mareuil-en-Périgord, and Puy-Guillaume in France, plus Mumbai, India — and an R&D center in Madrid (SELP Solutions Spain), with sales offices in Paris, Dubai, New Delhi, Dakar, and Louisville.

The technology stack combines physical security printing (polycarbonate, PVC, cardboard, and emerging materials including wood and PLA) certified to ISO 14298 and Intergraf standards with proprietary software platforms including the SELP CMS card management system, Frizbee electronic gift card issuance platform, ConcordPay filtered / closed-loop payment solution, and the BLOOM next-generation identity document security product line. Production includes high-security polycarbonate passport datapages (a patented technology introduced in 2019), banking cards certified by Visa, MasterCard, GIM UEMOA, GIMAC, EMV, and RuPay, plus biometric enrollment hardware. The company personalizes more than 100 million smart cards annually and has issued over 55 million payment cards cumulatively through the SELP Perso system.

SELP operates a primarily project-based B2B model. Revenue streams include per-unit pricing on physical card production and personalization, multi-year national identity contracts with governments, professional services for KYC/AML/CFT identity verification, and platform / subscription revenue from digital solutions (Frizbee, SELP CMS). Distribution relies on direct enterprise field sales supported by regional exhibition presence at Identity Week Europe, Seamless Middle East, ID4Africa, and GIM UEMOA. Since February 2024, private equity fund FCDE has been the majority shareholder, replacing the family office Martek, and underwritten an EUR 8 million capacity investment program that doubled Angoulême's production area and expanded Mareuil in 2025. The wholly-owned subsidiary structure (SELP Digital, SELP Services, SELP India Pvt Ltd, SELP North America Inc., and SELP Solutions Spain) supports the combined physical-and-digital go-to-market.

Name

Selp

Legal name

SELP SAS

Website

https://selp.fr

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

SELP is a France-headquartered high-security printer producing smart cards, identity documents, and payment instruments for governments, banks, and retailers across 60+ countries from certified facilities in France and India.

Ownership category

akta.pro rank

Product category

Secure Document and Smart Card Manufacturing

akta.pro primary industry

Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)

akta.pro secondary industry

Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN)

Keywords

• Secure document printing
• Smart card manufacturing
• Identity verification services
• Payment card personalization
• Digital identity platforms

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Physical Card Production & Personalization: Manufacturing and personalization of smart cards including payment cards, ID cards, prepaid cards, loyalty cards, and security documents. SELP produces approximately 100 million+ cards annually across multiple production facilities. Revenue generated through per-unit pricing and long-term supply contracts with banks, governments, and retailers.
2. Digital Solutions & Platforms: Software platforms for electronic card issuance (Frizbee), eVisa applications, digital identity management, and credential lifecycle management. Provides both platform licensing and transaction-based revenue.
3. Secure Document Issuance Programs: Comprehensive government identity programs including biometric registration, data management, document personalization, and control tools for law enforcement. Often structured as multi-year national contracts.
4. KYC/Identity Verification Services: Anti-Money Laundering and Countering Terrorism Financing (AML/CFT) compliant identity verification services for financial institutions and governments.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

SELP SAS manufactures and personalizes secure physical documents — including banking cards, prepaid/gift/loyalty cards, national ID cards, passports and passport datapages, e-stickers, and access cards — for governments, banks, and retailers. It complements these physical products with proprietary digital platforms (SELP CMS, Frizbee digital gift cards, ConcordPay filtered payments, eVisa) and KYC/biometric enrollment services, delivering end-to-end solutions from design through operational deployment.

Product overview

SELP is a global provider of secure payment instruments and identification documents operating as a comprehensive solutions company. The product portfolio centers on physical and digital smart cards through the SELP core brand, complemented by specialized platforms and services. The Frizbee platform handles electronic gift card issuance for retail, while SELP CMS manages the complete card lifecycle from onboarding through fraud control. The company also offers card personalization services (SELP Perso), KYC/biometric enrollment solutions, and the ConcordPay filtered payment system. Physical products include prepaid cards, banking cards, loyalty cards, national identity documents, passport datapages, e-stickers, electronic wristbands, and access cards. The BLOOM sub-brand provides identity document security solutions. The company operates 4 production centers across France and India with global reach in 65+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• Frizbee: Electronic gift card issuance platform operated by SELP Digital for retail customers
• ConcordPay
• BLOOM
• SELP Angoulême
• SELP Mareuil
• SELP Services
• SELP India
• SELP Solutions Spain

Products and services

• Banking Cards Bank cards developed with operating systems, innovative card bodies, manufacturing, personalization, routing, and comprehensive support for financial institutions. Certified by Visa, MasterCard, EMV, GIM UEMOA, GIMAC, and RuPay.
• Prepaid Cards Prepaid payment cards including single-use and reloadable variants, compliant with POS systems, offered with physical cards and digital solutions for omnichannel use by retailers, banks, and corporates.
• Digital Gift Cards Electronic gift card solutions integrated with Apple and Android digital wallets, supporting B2C and B2B sales, multi-brand programs, and Visa network acceptance for retailers and shopping centers.
• Loyalty Cards Physical and digital loyalty card solutions for retail brands enabling cross-selling, customer engagement, and loyalty program management.
• National Identity Programs End-to-end national identity programs for governments including biometric registration, data management, secure document personalization, and control tools for law enforcement. Deployed across 40+ countries (e.g., Moldova electronic NID, April 2025).
• Digital Identity Digital identity solutions including mobile versions of physical ID documents and ultra-secure identifiers for online administrative services and electronic signatures, for governments and organizations.
• Passport Datapages Polycarbonate datapages for passport manufacturers with patented technology for easy booklet insertion and resistance to counterfeiting attempts.
• Frizbee Digital Gift Card Platform Electronic gift card issuance platform enabling omnichannel commercialization of e-gift cards for B2C, B2B, and resellers, with loyalty point conversion, incentive programs, and corporate gifting capabilities.
• SELP CMS (Card Management System) Card management system managing the full lifecycle of smart cards including onboarding, KYC, card issuance, profile management, access security, business analytics, reporting, and fraud control for card issuers.
• SELP Perso (Card Personalization Service) Card personalization system and service covering data reception through delivery, with EMV personalization, cardholder personalization, and PIN mailing capabilities for banks and issuers.
• eVisa Platform Web-based electronic visa and ETA solution enabling travelers to complete all visa steps online including form filling, photo upload, passport copy, payment, invoice receipt, and approval status.
• KYC Identity Verification Services Identity verification and control services compliant with AML/CFT (Anti-Money Laundering / Countering Terrorism Financing) regulations, including biometric enrollment, secure data capture, photo capture, and fingerprint collection.
• BLOOM Security Products Next-generation security product line for identity documents combining cutting-edge security features with contemporary design for governments and organizations.
• ConcordPay Filtered Payment Solution Filtered closed-loop payment solution where the payment method is universal but credit units have restrictions, functioning like a neobank with account management, spending visibility, and reload options. Compatible with Apple Pay, Google Pay, and Samsung Pay.
• E-Stickers Secure UHF electronic stickers for applications including automatic toll collection, access control, and vehicle identification for transport and mobility operators.
• Access Cards and Electronic Wristbands Secure access card and electronic wristband form factors for identification, access control, and event/healthcare applications.

Quantifiable outcome

• 100+ million smart cards personalized annually
• +4 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, major and regional.

• BEMOBEEcoreStrategic or Co-development Partner · 5 September 2022UX and mobile applications specialist acquired by SELP Group. Founded in 2009, BEMOBEE serves major French and European companies (Nexity, Evian, Dassault, ADP, Garnier, Vinci, GDF, L'Oreal, TotalEnergie, Casino, Canal+, TF1). Acquisition reinforced SELP's digital transition capability, making it the only high-security printer capable of accompanying clients' digital transformation.
• MercialysmajorStrategic or Co-development PartnerFrench commercial real estate company operating 46 shopping centers selected SELP for multi-brand gift card program. Solution to be deployed progressively across majority of centers targeting 110 million annual visitors. Combines digital and physical (biodegradable) cards with Visa network integration.
• ID4AfricamajorGTM or Marketing PartnerID4Africa is a Pan-African Movement supporting African nations in strengthening identity ecosystems. SELP is a regular sponsor and partner of 25 African governments for identity solutions. Participation in annual general meetings provides access to government decision-makers across the continent.
• GIM UEMOA / GIM WAEMUregionalGTM or Marketing PartnerRegional electronic payment organization for West African Economic and Monetary Union. SELP participates in annual exhibitions in Dakar, Senegal presenting banking cards certified GIM UEMOA and GIMAC to West African financial institutions.
• SEAMLESS ExhibitionregionalGTM or Marketing PartnerMajor Middle East exhibition for financial services, fintech, and security. SELP sponsored Seamless 2023 in Dubai and exhibited in 2024, presenting payment and identification solutions to regional decision-makers.
• Identity Week EuroperegionalGTM or Marketing PartnerPremier European identity industry exhibition held in Amsterdam. SELP exhibited in June 2024 showcasing latest innovations in physical documents and digital solutions.
• Moldova Public Services Agency (ASP)majorImplementation/ SI/ Consulting PartnerMain partner for Moldova's electronic national identity card project launched April 14, 2025. One million cards distributed free to citizens featuring enhanced physical/cryptographic security and electronic signature capability.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• IDEMIA: IDEMIA is a French-headquartered global leader in identity and security solutions, producing government IDs (passports, national ID cards), payment and EMV cards, and biometric identity verification - a direct competitor to SELP across its core banking and government segments.
• Thales Digital Identity & Security: Thales is one of the world's largest secure-document vendors (passports, national IDs, driver licenses) and a major producer of EMV payment cards and SIMs. It competes head-to-head with SELP for government ID tenders and banking card personalization contracts.
• Veridos: Veridos is a German joint venture between Giesecke+Devrient and Bundesdruckerei specializing exclusively in government identity solutions (passports, national ID cards, driver licenses). It is a direct competitor to SELP in the national identity segment.
• Giesecke+Devrient (G+D): G+D is a German secure-technology firm producing bank cards, government ID documents, and currency solutions. It competes directly with SELP in EMV banking card production and personalization, and in security printing for central banks and ministries.
• HID Global: HID Global (an ASSA ABLOY company) provides secure identity solutions including government-to-citizen ID programs, e-passports, and card issuance systems. It directly competes with SELP in government ID programs and physical/digital identity credentialing.
• De La Rue: De La Rue is a UK-based secure printer producing banknotes, passports, national IDs, driving licences, and tax stamps. It is a direct competitor to SELP in the production of high-security government documents and identity credentials.
• Bundesdruckerei: Bundesdruckerei is the German federal security printer producing German passports, national ID cards, and eID solutions, and operates internationally through Veridos and iCO. It is a direct competitor to SELP in polycarbonate passport datapages and national ID programs.
• Paragon ID: Paragon ID is a French specialist in RFID/NFC and contactless smart card solutions for identity (e-ID, passports), transport, and traceability. As a fellow French mid-market secure-ID specialist, it competes directly with SELP in identity credentials and e-document components.
• ABnote (American Banknote Corporation): ABnote is a North American secure card manufacturer producing financial, loyalty, gift, and government ID cards including EMV personalization. It is a direct competitor to SELP in card production, personalization, and secure document issuance.
• Valid: Valid is a Brazilian-headquartered secure-technology company producing payment cards, SIMs, identification documents, and digital ID solutions across the Americas, Europe, and Africa. It competes directly with SELP in EMV payment card issuance and government ID programs, particularly in African markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLUGw2Jz5IqYM1jqztjD3HnnrRYO_i4FlH
• LinkedInlinkedin.com/company/selp/?originalSubdomain=fr

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Selp