US Capital Global Engaged by CardLab as Strategic Advisor on $10 Million Capital Formation
Global private financial group headquartered in San Francisco engaged by award-winning Danish biometric card security technology firm.
SAN FRANCISCO, MARCH 2021 – US Capital Global has been engaged by CardLab ApS (“CardLab”) as its strategic advisor on a $10 million capital formation. CardLab is a Danish high-security card provider using award-winning, patented card technology for cybersecurity solutions development. The company, which manufactures ISO 7810 secure card products with a focus on biometric smart cards, has its development department in Denmark, manufacturing partners in Asia and the United States, and a card lamination factory in Thailand.
US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services. The firm provides sophisticated debt, equity, and investment products to lower middle market companies and investors. All securities are offered by the group through its FINRA-member, SEC-registered broker-dealer affiliate, US Capital Global Securities LLC.
“Since our launch in 2003, CardLab has conducted extensive research in high-security cards and developed a range of sophisticated products and technological advances aimed at identifying theft and solving fraud and card security issues,” said Frank Sandeløv, CEO at CardLab. “We are proud to have been nominated by the European Commission as one of Europe’s most innovative high-tech firms. As we continue developing and rolling out new products with our international partners, we look forward to collaborating with US Capital Global, which has a strong reputation for supporting expanding FinTech firms.”
“Some of our most exciting clients and portfolio companies come from mainland Europe and the United States, and as a leading innovator in the smart card arena, CardLab is no exception ,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “This internationally recognized card security company is changing the way we use ID, financial, and access cards through its wide range of sustainable, scalable, and secure technologies and solutions. At US Capital Global, we are always on the lookout for forward-thinking change-makers, especially those in the tech industry, and we are eager to support CardLab as its strategic advisor on this $10 million capital formation.”
About CardLab
Based in Denmark, CardLab is a world-leading technology provider to the powered smart card industry. CardLab develops and commercializes ISO 7810 compliant secure card products, including a fingerprint card authentication solution for payment, ID, access control, blockchain and cryptocurrency platforms, and cyber security. With manufacturing partners in Asia and the United States and its own factory in Thailand, CardLab offers high-quality technical design and manufacturing support for card solutions, including scalable security levels and existing infrastructure compatibility, making implementation affordable for end users. www.cardlab.com
About US Capital Global
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital formation services through its affiliates, including US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and its FINRA member, SEC-registered broker-dealer, US Capital Global Securities LLC. The group collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com.
To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.