Meeco
Meeco provides verifiable credential and decentralized identity infrastructure through its Secure Value Exchange (SVX) platform. It serves governments, banks, and large enterprises requiring compliant digital identity solutions built on open standards.
- Company typePrivate
- Founded2012
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Meeco does
Meeco is an Australian-headquartered provider of verifiable credential and decentralized identity infrastructure, founded in 2012 and operating through Meeco Planet Pty Ltd (Australian parent) with operating subsidiaries in Belgium (Meeco Groep NV) and the United Kingdom (Meeco Group Ltd). The company's flagship product is the Secure Value Exchange (SVX) platform, an API-first, multi-tenant credential infrastructure covering the full credential lifecycle — issue, present, verify, and revoke — with selective disclosure, scheme governance, RBAC, and audit trails. SVX is built on approximately 150 open standards including W3C Verifiable Credentials, OpenID4VC, ISO 18013-5, ETSI, IETF, and Kantara Initiative specifications, and uses a Zero Knowledge Value architecture with AES-256-GCM per-user encryption and RSA-4096 key management. Supporting products include the Meeco Wallet (iOS/Android), the Digital Vault for end-to-end encrypted personal data storage, modular Issuer/Verifier/Wallet Provider components, Trustury (token visualisation on Hedera), and mIKs-it (a multimedia platform for children aged 0–7).
Meeco's commercial focus is governments, banks, and large enterprises that need compliant digital identity infrastructure under eIDAS 2.0 in Europe and the UK Digital Verification Service regime, with secondary expansion into healthcare, education, travel/hospitality, and ESG-token workflows. Named customers and partners include the Queensland Department of Transport and Main Roads, KBC Bank (Belgium), connectID/eftpos, Nexia Wealth, Powertech, Dai Nippon Printing (Japan), and VELA Solutions. A strategic DNP partnership announced August 2024 targets cumulative DNP sales of ¥3.5 billion across five Japanese verticals by FY2029. The business model combines annual enterprise platform licensing (subscription), API/SDK usage-based billing, wallet infrastructure licensing, and managed service revenue, distributed through enterprise field sales, developer self-serve via a sandbox portal, and app-store distribution.
Meeco has raised approximately $12.3 million across disclosed funding rounds from 2014 to 2019, including a $6.46M SVX Group round in November 2019. Headcount sits in the 11–50 range, with a product team of approximately 15. The company maintains ISO 27001:2022 certification, UK ICO Data Protection registration, GDPR and CCPA compliance attestations, and has earned six consecutive MyData Operator Awards (2020–2025), positioning itself as a standards-driven, compliance-led player in the verifiable credentials market estimated at $16.1 billion TAM between 2023 and 2026.
Meeco firmographics
Firmographics- Name
- Meeco
- Legal name
- Meeco Planet Pty Ltd
- Website
- https://meeco.me
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Meeco provides verifiable credential and decentralized identity infrastructure through its Secure Value Exchange (SVX) platform. It serves governments, banks, and large enterprises requiring compliant digital identity solutions built on open standards.
- Ownership category
- akta.pro rank
Meeco industry classification
Industry- Product category
- Digital Identity Infrastructure
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers) (HDAEAJAB)
- akta.pro secondary industries
- Confidential Computing & Hardware-backed Protection (TEE/HSM) (HDADAFAJ), User Lifecycle Provisioning & SCIM Automation (HDAEAJAK)
Keywords
Where Meeco is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices6 records
Markets served
Meeco business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SVX Platform Licensing: Enterprise licensing of Secure Value Exchange platform for organisations requiring digital credential infrastructure. Platform deployed via cloud (AWS/Azure), on-premise, or managed service models.
- API and SDK Access: Developer portal providing APIs and SDKs for building applications on Meeco infrastructure. Supports proof-of-concepts through to scaled solutions with transaction-based usage.
- Digital Vault Services: Standalone or integrated secure storage services for organisations including mobile banking and eCommerce. Can be embedded in apps or wired into back-end services.
- Wallet Infrastructure: Wallet functionality provided to enterprises and governments looking to add credential storage capabilities to existing web and mobile applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform licensing - custom pricing |
| Freemium | Pay-as-you-go | Developer sandbox - free evaluation |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Meeco product offering
Product offeringCore offering
Meeco builds and licenses the Secure Value Exchange (SVX) enterprise platform that handles verifiable credential issuance, presentation, and verification, plus the Digital Vault for end-to-end encrypted personal data storage. Built on approximately 150 open standards (OpenID, W3C, IETF, ETSI, ISO), the SVX platform is deployable on AWS/Azure, on-premise, or as managed service for governments, banks, and large enterprises requiring eIDAS 2.0 and UK DVS-compliant digital identity infrastructure.
Product overview
Meeco offers a platform-plus-modules architecture anchored by the Secure Value Exchange (SVX) platform. SVX provides credential infrastructure covering the full credential lifecycle (issue, present, verify, revoke) through modular components: Issuer for credential issuance, Verifier for validation, Wallet Provider for storage/sharing functionality, and Scheme Owner for ecosystem governance. The Digital Vault provides end-to-end encrypted secure storage. Supporting products include the Meeco Wallet (iOS/Android) for decentralised identity and verifiable credentials, Meeco Data Vault for personal data management, Meeco for Developers portal, MeCast social broadcast service, Meeco Bookmarks and Browser browser extensions, mIKs-it multimedia platform for children, Trustury token visualisation tool, and Insights analytics. All products are built on Privacy-by-Design and Security-by-Design principles with GDPR compliance.
Differentiator
Problem solved
Functional benefit
Brands
- Secure Value Exchange (SVX): Core platform for secure data sharing and digital identity management
- Meeco Digital Vault
- Meeco Wallet
- mIKs-it
Products and services
- Secure Value Exchange (SVX) Enterprise platform providing credential infrastructure for the trusted web, handling issuance, verification, and wallet infrastructure built on open standards and designed for regulatory compliance. Covers the full credential lifecycle including issue, present, verify, revoke, selective disclosure, credential templates, PKI management, multi-tenancy with data segregation, RBAC, audit trails, and enterprise IAM/SSO/IDP integration.
- Digital Vault Secure storage with end-to-end encrypted sharing built on Zero Knowledge Value architecture, providing privacy and control with unique keys managed by the vault owner, secure exchange of stored items, delegation capabilities, and unique UUIDs to guard against correlation. ISO 27001 accredited, built to meet GDPR, and accessible via web, iOS, and Android. Enables users to aggregate, curate, store and manage personal data.
- Meeco Wallet Decentralised identity, verifiable credentials, and payments wallet available for iOS and Android mobile platforms, built on Hedera Hashgraph distributed ledger. Supports secure credential storage, sharing, and control for end users.
- Trustury Open-source visualisation interface built on Hedera with HBAR Foundation support, providing token trust chain visualisation within the Hedera ecosystem and supporting ESG workflows and regulatory compliance with GDPR, CDR, and CCPA through data minimisation and selective disclosure of attributes by token holders.
- mIKs-it Multimedia platform designed for children aged 0-7 years with a companion app for guardians featuring parental controls, developed in partnership with Heder VZW. Provides secure access to photos, video, audio, and games without ads, tracking, or data mining, combining Heder's educational expertise with Meeco's secure vault technology.
- Meeco for Developers Developer portal providing access to APIs, services, and documentation for building Powered by Meeco applications and services, with sandbox environment and PoC-in-a-Box for rapid evaluation of verifiable credential use cases.
Quantifiable outcome
- Onboarding time reduced from 3 days to 30 minutes in workplace credential pilot
- +4 more outcomes
Companies that use Meeco
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles3 records
Meeco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Meeco partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- OpenID FoundationcoreActive contributor to OpenID Foundation standards. Meeco participated in interoperability events demonstrating 98% passing rate for Verifiable Presentations and 82% for Credential Issuance. Selected vendor for conformance testing programme launching February 2026.
- DNP (Dai Nippon Printing Co., Ltd.)coreStrategic partnership for technology transfer and international verification experiments. DNP launched decentralized ID management platform in August 2024 using Meeco technology, targeting cumulative sales of 3.5 billion yen across finance, communications, travel, automobile, and education sectors by FY2029.
- IndiciominorPartnership for educational programs supporting the decentralized identity ecosystem and Meeco technology deployment.
- connectID / eftposcoreBroker service securely transferring identity attributes from Queensland TMR to Meeco's SVX platform. Enabling verifiable credential generation and real-time sharing between employees and employers.
- Queensland Department of Transport and Main RoadscoreProvided core identity attributes for workplace credential pilot programme. Credentials sourced from government identity system and delivered through connectID network to Meeco platform.
- Hedera HashgraphcorePartnership since early 2020 to develop multi-purpose wallet supporting decentralized identity, verified credentials, micropayments and tokens. Distributed ledger for credential registration. Trustury built on Hedera Guardian platform.
- TrusturyminorJoint venture to develop Trustury - open-source interface for Hedera Guardian ecosystem providing token trust chain visualisation, ESG auditor dashboard, and GDPR/CCPA compliance through data minimisation.
- Envision, DOVU, TYMLEZminorESG market service providers partnering on Trustury development for tokenisation of data and assets.
- KBC Bank (Belgium)coreImplemented Privacy-by-Design digital vault guaranteeing customers complete privacy and control. Built using Meeco's secure storage technology with encryption protecting against unauthorised access.
- VELA SolutionsminorPartnership for issuing professional health development credentials. Pilot programme demonstrated verifiable credentials for workforce credentialing.
- Heder VZW (Belgium)minorKidTech partnership to co-develop mIKs-it - safe multimedia platform for kids (ages 0-7). Combines Heder's educational expertise with Meeco's secure vault technology. Family platform with media app for kids and admin app for guardians.
- TrendwolvesminorDesign research partner validating mIKs-it platform design, usability, and kid experience through series of research studies led by KidTech expert Maarten Leyts.
- AWS, Azure, Microsoft AzurecoreCloud infrastructure providers. Meeco services hosted on Microsoft Azure (Dublin, Ireland; Sydney, Australia) and AWS for global deployment with data residency options.
Scale indicators7 records
Recent moves9 records
Expansion highlights7 records
Meeco competitors and assessment
Company assessmentDirect peers
- Indicio: US-based decentralized identity and verifiable credentials platform. Directly comparable to Meeco as a specialist VC/DID infrastructure provider targeting governments and enterprises, and a co-partner with Meeco on DNP educational programs in Japan.
- Trinsic: Verifiable credentials platform offering issuer, holder, and verifier infrastructure. Directly comparable as a specialist VC infrastructure provider targeting similar enterprise and government use cases with an API-first, developer-friendly model.
- walt.id (Danube Tech): European-based decentralized identity and verifiable credentials infrastructure provider. Direct competitor in the EUDI Wallet ecosystem with open-source tooling for issuers, holders, and verifiers - overlapping with Meeco's SVX on eIDAS 2.0 use cases.
- Affinidi: Singapore-headquartered decentralized identity and verifiable data platform with strong APAC presence. Comparable as a VC infrastructure provider serving similar enterprise and government use cases, and a direct peer in the APAC market Meeco is pursuing via DNP.
- GATACA: European-based decentralized identity provider focused on eIDAS-compliant verifiable credentials. Direct competitor in the European digital identity wallet ecosystem with comparable issuer/verifier/wallet infrastructure.
- Dock: Verifiable credentials and decentralized identity platform with credential issuance, verification, and wallet capabilities. Comparable as a specialist VC infrastructure provider targeting enterprise and developer use cases.
- Scytale (formerly Evernym): Self-sovereign identity and verifiable credentials platform serving enterprises and governments. Direct peer in the decentralized identity infrastructure category with comparable issuer/verifier/wallet capabilities.
Broad incumbents
- Microsoft (Entra Verified ID): Microsoft's enterprise identity platform now includes verifiable credentials capabilities via Entra Verified ID. As a broad incumbent in IAM, Microsoft represents the most significant competitive threat with deep enterprise relationships, capital, and existing identity infrastructure footprint.
- Okta: Enterprise identity and access management leader with growing capabilities in decentralized identity. Comparable as a broad incumbent whose identity infrastructure footprint and enterprise customer base could absorb VC functionality natively.
- Ping Identity: Enterprise IAM and identity verification vendor with established presence in financial services and government. Comparable as a broad incumbent extending into verifiable credentials and zero-trust identity for regulated customers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Meeco social profiles
Digital presenceMeeco compliance and trust
Trust signalCompliance4 records
Meeco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Meeco leadership team
Management profileNumber of profiles
Profiles2 records
Meeco funding detail
Funding detailFunding overview
Funding rounds5 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Meeco 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 Meeco
What does Meeco do?
Meeco builds and licenses the Secure Value Exchange (SVX) enterprise platform that handles verifiable credential issuance, presentation, and verification, plus the Digital Vault for end-to-end encrypted personal data storage. Built on approximately 150 open standards (OpenID, W3C, IETF, ETSI, ISO), the SVX platform is deployable on AWS/Azure, on-premise, or as managed service for governments, banks, and large enterprises requiring eIDAS 2.0 and UK DVS-compliant digital identity infrastructure.
Is Meeco a public or private company?
Meeco is a private company. It is classified as venture growth investor backed and is currently operating.
When was Meeco founded?
Meeco was founded in 2012. It employs 11 to 50 people.
Where is Meeco based?
Meeco is headquartered in Melbourne, Australia, in the Oceania region.
How does Meeco make money?
Four revenue lines are on record. SVX Platform Licensing is the primary driver. The others are API and SDK Access, digital Vault Services and wallet Infrastructure.
Who are Meeco's main competitors?
Direct peers on record are Indicio, Trinsic, walt.id (Danube Tech), Affinidi, GATACA, Dock and Scytale (formerly Evernym). Broad incumbents are Microsoft (Entra Verified ID), Okta and Ping Identity.
Does Meeco have an API?
Yes. Meeco's SVX platform is API-first, with all functions available via API or SDK. The platform offers a developer portal with documentation, tutorials, and a sandbox environment. Developers can access APIs to build Powered by Meeco applications and services. The platform documentation is available at docs.meeco.me. Developer documentation is at docs.meeco.me.
What industry is Meeco in?
Meeco's product category is Digital Identity Infrastructure. Its primary akta.pro industry code is HDAEAJAB, Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers), with a secondary code of HDADAFAJ, Confidential Computing & Hardware-backed Protection (TEE/HSM). Its NAICS code is 54151 and its SIC code is 7373.