Build38 Acquires OneSpan, Expanding Digital Security

Build38 has acquired OneSpan for an undisclosed amount, marking a significant corporate acquisition in the digital security and agreements sector.

OneSpan is known for its cutting-edge solutions in advanced secure authentication and digital agreements.

Its secure authentication offerings protect devices, users, and applications through robust multi-factor and passwordless authentication, alongside other fraud prevention technologies.

Additionally, OneSpan's digital agreements solutions integrate identity verification, electronic signatures, and digital workflows to streamline agreements, enhance compliance, and accelerate business processes.

The company empowers organizations to automate and secure customer-facing and revenue-generating processes, serving a wide range of use cases.

OneSpan is trusted by global blue-chip enterprises, including over 60% of the world’s 100 largest banks, processing millions of digital agreements and billions of secure authentication transactions annually across more than 100 countries.

This acquisition is strategically aimed at enhancing Build38's capabilities and market footprint in the evolving landscape of digital trust and security.

OneSpan's established expertise in securing digital identities and transactions, coupled with its comprehensive suite of digital agreement tools, presents a compelling opportunity.

The integration of OneSpan's robust authentication and fraud prevention technologies is expected to strengthen Build38's ability to offer more comprehensive security solutions, addressing the increasing demand for secure digital transformation across industries.

The synergy between the two entities is anticipated to create a more powerful platform for secure digital interactions.

By combining OneSpan's proven solutions for identity verification, electronic signatures, and secure workflows with Build38's strategic vision, the combined organization will be better positioned to deliver end-to-end secure digital experiences.

This move is set to accelerate innovation in areas critical for modern enterprises, from protecting sensitive data to ensuring the integrity of digital agreements.

Looking forward, the acquisition is expected to enable the combined entity to offer an expanded portfolio of integrated solutions, supporting organizations in automating and securing their most critical processes.

The focus will be on leveraging OneSpan's deep industry relationships and technological prowess to drive continued growth and deliver enhanced value to a global client base navigating complex digital security and compliance challenges.