Swiss-based Artionis acquired by visa processor Atlys
LONDON, UNITED KINGDOM — Artionis, a Switzerland-based visa services company, has been acquired by Atlys as part of its expansion into the European market.
This acquisition follows Atlys’s $20 million funding round and is poised to reshape the visa application landscape for non-UK passport holders, who constitute 36% of the UK’s population.
Strategic UK market entry
Artionis generates an annual revenue of $25.7 million and has a workforce of approximately 400 employees specializing in visa processing, passport services, and identity management. The company has built a reputation as a premium outsourcing partner for governments worldwide, providing administrative and non-judgmental tasks related to citizen services.
By integrating Artionis’s team of 40 specialists from its offices in London, Manchester, and Edinburgh, Atlys plans to double its workforce to 80 in the UK, thereby strengthening its operations and extending its reach.
Enhancing visa accessibility with technology
The merger enhances Atlys’s ability to provide streamlined, user-friendly visa services. Artionis’s proficiency in complex visa routes complements Atlys’s technological innovations, such as its predictive visa approval technology, which aims to eliminate the uncertainty and anxiety associated with visa applications.
Artionis has played a crucial role in simplifying the visa acquisition process, which aligns with Atlys’s mission to make international travel more accessible. With this acquisition, Atlys is set to leverage Artionis’s local knowledge and specialized skills to offer a more inclusive and efficient visa processing experience to travelers across Europe.
Global travel market impact
“Expanding to the UK represents more than just market growth – it’s about creating a more equitable travel ecosystem,” said Mohak Nahta, Founder and CEO of Atlys.
“Our platform is designed to make international travel accessible to everyone, regardless of their passport strength, and the UK’s strategic position will help us extend this impact across Europe.”
The company’s platform now offers visa services for more than 100 countries, with a unique predictive engine that provides exact visa approval timelines backed by refund guarantees.
The merger strengthens Atlys’s position in the travel documentation sector, where it has already processed over two million visas since its founding in 2021. Atlys, with its current annual revenue of $15.9 million, has developed a platform that allows users to complete visa applications in under five minutes.
The deal comes at a time when the global travel sector shows considerable growth, with the World Travel & Tourism Council valuing the market at nearly $9 trillion in 2023. Atlys plans to expand its services beyond visa processing to include eSIMs, forex, and travel insurance, creating a comprehensive travel companion platform.
