Wultra
Wultra provides banks and fintechs with post-quantum authentication, digital identity verification, electronic signatures and mobile app protection built on NIST-endorsed cryptography and FIDO2 standards, sold through enterprise licensing and hardware token sales.
- Company typePrivate
- Founded2018
- HeadquartersPraha, Czechia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Wultra does
Wultra s.r.o. is a Prague-based cybersecurity vendor that supplies banks and fintechs with digital identity and authentication infrastructure built on post-quantum cryptography. The company was founded in 2018 and operates as a privately held Czech limited liability company (s.r.o.), backed by J&T Ventures, Elevator Ventures and Tensor Ventures across a 2021 seed and a January 2025 follow-on totaling roughly $4.2M in disclosed funding. Wultra's product portfolio spans user authentication (Single Sign-On, Mobile-First Authentication, Passkeys/FIDO2 and the Talisman FIDO2 hardware token), identity and signature workflows (Digital ID Wallet Gateway for EUDI Wallet integration, Identity Verification with facial biometrics, eIDAS 2.0-compliant Electronic Signatures), and mobile app security (Mobile In-App Protection with runtime anomaly detection). The platform is delivered through open-source SDKs and APIs and is positioned as compliant with PSD3/PSR1 and eIDAS 2.0 requirements ahead of regulatory deadlines.
The company generates revenue through software licensing of authentication and security SDKs and APIs, sale of the Talisman hardware token, and professional services for integration, all under a consultative enterprise sales motion with quote-based pricing and no public price list. Customers include Raiffeisen Bank International, Erste Group, OTP Bank, Global Payments and the Czech National Bank, with the company claiming 100+ clients across Europe, EMEA and Southeast Asia. Wultra serves primary segments of commercial, retail and central banks plus fintech companies and digital transaction providers, addressing pain points around quantum threats to current cryptography, SMS OTP vulnerabilities, PSD3/PSR1 compliance and mobile banking fraud.
Operationally, Wultra runs a small team (11-50 employees) led by Founder and CEO Petr Dvořák with a CTO, COO, CHRO, CMO and CSO, plus dedicated Regional Leads for Digital Identity across ASEAN, MENA and the Philippines to support international expansion. Distribution combines direct enterprise sales with a developer self-service portal for technical evaluation. The Singapore office, established in November 2025, is the most recent signal of geographic expansion into the Asia-Pacific market.
Wultra firmographics
Firmographics- Name
- Wultra
- Legal name
- Wultra s.r.o.
- Website
- https://wultra.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wultra provides banks and fintechs with post-quantum authentication, digital identity verification, electronic signatures and mobile app protection built on NIST-endorsed cryptography and FIDO2 standards, sold through enterprise licensing and hardware token sales.
- Ownership category
- akta.pro rank
Wultra industry classification
Industry- Product category
- Authentication and Digital Identity Software
- NAICS
- Security Systems Services (except Locksmiths) (561621)
- akta.pro primary industry
- Quantum-Safe Identity, Authentication & Digital Signatures (HDAGAGAG)
- akta.pro secondary industries
- Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Identity & Authentication for Open Banking (SCA support, token exchange) (FSAGACAF), Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse) (FSAGAMAE), Quantum-Safe Hardware & Embedded Security (TPM/secure elements/firmware) (HDAGAGAJ)
Keywords
Where Wultra is headquartered
LocationHeadquarters
- HQ city
- Praha
- HQ country
- Czechia
- HQ region
- Europe
Offices2 records
Markets served
Wultra business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain, Infrastructure
Revenue model
- Software Licensing: Licensing of authentication and security SDKs and APIs to banks and fintech companies, typically enterprise subscription or per-seat pricing models
- Hardware Token Sales: Sale of Talisman FIDO2 hardware security tokens for banking environments requiring physical authentication devices
- Professional Services: Implementation, integration, and consulting services for enterprise customers deploying Wultra solutions
Distribution channels2 records
Marketing channels7 records
Wultra product offering
Product offeringCore offering
Wultra sells a post-quantum digital identity and authentication platform for banks and fintechs, delivered through SDKs, APIs, and hardware tokens. Its portfolio covers passwordless authentication (SSO, Mobile-First Authentication, Passkeys/FIDO2, Talisman hardware token), identity verification and electronic signatures compliant with eIDAS 2.0, EUDI Wallet integration, and mobile in-app protection against tampering and malware.
Product overview
Wultra is a digital identity and authentication platform for banks and fintechs, built around quantum-resistant cryptography. The product portfolio spans user authentication (Single Sign-On, Mobile-First Authentication, Passkeys/FIDO2, Talisman Hardware Token), identity verification (Identity Verification with facial biometrics, Digital ID Wallet Gateway for EUDI Wallet integration), electronic document signing (Electronic Signatures), and mobile app security (Mobile In-App Protection). All products are powered by NIST-endorsed post-quantum cryptography and are designed to meet PSD3/PSR1 and eIDAS 2.0 compliance requirements. The platform is delivered via comprehensive SDKs and APIs with an open-source approach.
Differentiator
Problem solved
Functional benefit
Brands
- Talisman: FIDO2 hardware token built for banking with transaction display for dynamic linking and PSD3/PSR compliance.
Products and services
- Single Sign-On (SSO) Turnkey centralized authentication for financial services, PSD3/PSR1-compliant, providing seamless access across multiple digital banking channels.
- Mobile-First Authentication Passwordless, multi-factor login and payment approval through a mobile app, replacing SMS OTP with quantum-resistant cryptographic device binding.
- Talisman FIDO2 Hardware Token USB FIDO2 hardware security token built for banking environments, featuring a two-line display for WYSIWYS transaction confirmation and PSD3/PSR1 compliance, storing up to nine credentials with on-device cryptography.
- Passkeys and FIDO2 Passwordless authentication using passkeys based on the FIDO2 and WebAuthn open standards, providing phishing-resistant cryptographic signatures bound to specific web domains.
- Digital ID Wallet Gateway Integration gateway for digital identity wallets (including EUDI Wallet under eIDAS 2.0), enabling issuance, acceptance, and verification of identity credentials via OID4VCI and OID4VP protocols.
- Identity Verification Mobile-first identity verification using government-issued ID documents (MRZ reading and NFC e-passport support) and advanced facial biometrics with liveness and deepfake detection for KYC and customer activation.
- Electronic Signatures Mobile-first electronic signing solution for advanced or qualified PDF document signatures under eIDAS 2.0, supporting legally binding financial contracts such as loan agreements, mortgages, and SEPA direct debit authorisations.
- Mobile In-App Protection Mobile Runtime Application Self-Protection (RASP) that defends apps from tampering, reverse engineering, rooted devices, debugging, emulators, malware overlays, and screen sharing, and feeds device risk signals into fraud detection systems.
Quantifiable outcome
- Up to 60% cost reduction compared to SMS OTP authentication
- +2 more outcomes
Companies that use Wultra
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Wultra technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature8 records
Wultra partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Etnetera FlowminorJoint webinar on building modern mobile banking apps, combining Wultra's authentication and security expertise with Etnetera Flow's mobile engineering capabilities.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
Wultra competitors and assessment
Company assessmentDirect peers
- OneSpan: OneSpan provides authentication, transaction signing, and e-signature solutions to banks — directly comparable to Wultra's Mobile-First Authentication, Talisman token, and Electronic Signatures products. Both target PSD2/PSD3-compliant banking workflows with FIDO2-based authenticators.
- Nok Nok Labs: Nok Nok is a FIDO2/passwordless authentication platform serving financial services with mobile SDK-based authentication. Highly comparable to Wultra's Passkeys and FIDO2 and Mobile-First Authentication products on technology, customer base, and delivery model.
- HYPR: HYPR delivers passwordless and phishing-resistant authentication (FIDO2/passkeys) to enterprises including financial institutions. Comparable to Wultra's authentication stack on technology standards, target buyer (CISO/banking security), and product surface area.
- Onfido: Onfido offers mobile identity verification with document scanning and facial biometrics for KYC onboarding in financial services. Directly comparable to Wultra's Identity Verification product on functionality, AI modalities, and banking customer base.
- iProov: iProov provides biometric facial verification with liveness and deepfake detection for banking and government onboarding. Already a Wultra integration partner, and directly comparable on identity verification capabilities targeting the same banking use cases.
- Veriff: Veriff provides AI-driven identity verification with document scanning and biometrics for fintech and banking customers. Comparable to Wultra's Identity Verification product line on technology (computer vision, liveness) and vertical focus (fintech/financial services).
Broad incumbents
- Thales (Digital Identity & Security): Thales offers a broad identity and security portfolio (HSMs, PKI, authentication, hardware tokens) widely deployed in Tier-1 banks. Overlaps with Wultra on banking authentication but as part of a much larger multi-product franchise rather than a banking-focused specialist.
- Entrust: Entrust provides PKI, identity, authentication, and digital signing solutions to banks and governments. Comparable to Wultra on authentication and e-signature but with a broader portfolio spanning issuance, PKI, and encryption — a direct competitor in banking RFPs.
- HID Global: HID Global manufactures hardware authentication tokens (including FIDO2 keys) and broader identity solutions for enterprise and banking customers. Direct overlap with Wultra's Talisman hardware token and FIDO2 offerings.
Emerging players
- Transmit Security: Transmit Security provides a unified identity platform with passwordless authentication, orchestration, and fraud detection for financial services. Overlaps with Wultra on FIDO2/passwordless authentication and identity verification, with a comparable enterprise banking go-to-market.
Market position
Strengths3 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wultra social profiles
Digital presenceWultra compliance and trust
Trust signalCompliance2 records
Wultra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wultra leadership team
Management profileNumber of profiles
Profiles12 records
Wultra funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wultra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wultra
What does Wultra do?
Wultra sells a post-quantum digital identity and authentication platform for banks and fintechs, delivered through SDKs, APIs, and hardware tokens. Its portfolio covers passwordless authentication (SSO, Mobile-First Authentication, Passkeys/FIDO2, Talisman hardware token), identity verification and electronic signatures compliant with eIDAS 2.0, EUDI Wallet integration, and mobile in-app protection against tampering and malware.
Is Wultra a public or private company?
Wultra is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wultra founded?
Wultra was founded in 2018. It employs 11 to 50 people.
Where is Wultra based?
Wultra is headquartered in Praha, Czechia, in the Europe region.
How does Wultra make money?
Three revenue lines are on record. Software Licensing is the primary driver. The others are hardware Token Sales and professional Services.
Who are Wultra's main competitors?
Direct peers on record are OneSpan, Nok Nok Labs, HYPR, Onfido, iProov and Veriff. Broad incumbents are Thales (Digital Identity & Security), Entrust and HID Global. Transmit Security is listed as an emerging player.
Does Wultra have an API?
Yes. Wultra offers modern APIs and SDKs for authentication and digital identity integration. The developer portal (developers.wultra.com) provides documentation, SDKs, and APIs for integrating authentication products into financial applications. The company describes its platform as 'open-source solution, powered by the most advanced quantum-resistant cryptography, hides the complexity in comprehensive SDKs and APIs.' API usage includes authentication flows, transaction signing, device risk signals, and identity verification integration.
What industry is Wultra in?
Wultra's product category is Authentication and Digital Identity Software. Its primary akta.pro industry code is HDAGAGAG, Quantum-Safe Identity, Authentication & Digital Signatures, with a secondary code of BPAMAEAE, Authentication (MFA/Passwordless/Biometrics) Platforms. Its NAICS code is 561621.