OneSpan
OneSpan provides cybersecurity and digital agreement solutions to financial institutions and enterprises, offering authentication, mobile app security, fraud prevention, and eSignature products. Public on NASDAQ (OSPN), serving 60% of the world's top 100 banks and protecting 300 million+ endpoints.
- Company typePublic
- Founded1997
- HeadquartersChicago, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What OneSpan does
OneSpan (NASDAQ: OSPN) is a Boston-headquartered cybersecurity and digital agreement provider that primarily serves financial institutions, with secondary exposure to insurance, government, healthcare, and HR use cases. The company operates two product divisions. The Cybersecurity division offers authentication (Digipass hardware authenticators including FX1/FX2/FX7 FIDO2 security keys, Digipass Cronto visual transaction signing, Digipass Mobile SDK and Authenticator), Build38 Runtime Application Self-Protection (RASP) technology protecting 250 million+ mobile endpoints (acquired Q1 2026), Nok Nok Labs FIDO-based passwordless authentication (acquired June 2025), Intelligent Adaptive Authentication, and Risk Analytics. The Digital Agreements division provides OneSpan Sign (eSignature), Identity Verification (facial biometrics, document authentication, liveness detection), Smart Forms, OneSpan Notary (remote online notarization), and Secure Agreement Automation. ProvenDB blockchain-based document vaulting extends the platform.
The company monetizes primarily through subscription/ARR (over 80% of revenue), with Q1 2026 ARR of $192.1 million (up 14.1% year-over-year), supplemented by hardware sales, software licenses, and professional services. Full-year 2025 revenue was $243.2 million with $78 million in adjusted EBITDA. Distribution combines enterprise field sales, channel partners (notably Intercede Group covering more than three-fifths of the largest banks), iPaaS integration partnerships (Workato), and a self-service developer tier. OneSpan reports being trusted by 60% of the world's top 100 banks and protecting 300 million+ endpoints globally, with gross revenue retention of 90% overall and 94% in digital agreements. Cloud bookings have grown from 25% to 40% of total bookings, reflecting the ongoing transition from hardware-centric to software/cloud-centric delivery.
OneSpan firmographics
Firmographics- Name
- OneSpan
- Legal name
- OneSpan Inc.
- Website
- https://onespan.com
- Company type
- Public
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- OneSpan provides cybersecurity and digital agreement solutions to financial institutions and enterprises, offering authentication, mobile app security, fraud prevention, and eSignature products. Public on NASDAQ (OSPN), serving 60% of the world's top 100 banks and protecting 300 million+ endpoints.
- Ownership category
- akta.pro rank
OneSpan industry classification
Industry- Product category
- Digital Identity and Authentication Software
- NAICS
- Security Systems Services (except Locksmiths) (561621), Investigation and Personal Background Check Services (561611), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse) (FSAGAMAE)
- akta.pro secondary industries
- Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG), Risk Scoring, Credit & Fraud Analytics (counterparty/wallet risk) (FSAPAJAF), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL)
Keywords
Where OneSpan is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
OneSpan business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Supply Chain
Revenue model
- Subscription Revenue (ARR): Annual recurring revenue from cloud-based authentication and eSignature subscriptions. Q1 2026 subscription revenue grew 8% year-over-year. ARR was $192.1 million in Q1 2026, up 14.1% year-over-year driven by acquisitions and new customer additions.
- Hardware Sales: Sale of hardware authenticators including Digipass devices (one-button, transaction signing, Cronto visual signing) and FIDO2 security keys. Company transitioning from hardware to software-centric solutions.
- Software Licenses and Support: Software authentication products including Digipass Mobile SDK, Authentication Servers, and related support services.
- Professional Services: Implementation, consulting, and professional services for enterprise deployments of authentication and eSignature solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Developer Plan - Free sandbox environment for testing |
| Subscription | Annual | Enterprise eSignature Plans - Custom pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
OneSpan product offering
Product offeringCore offering
OneSpan provides a comprehensive cybersecurity and digital agreement platform serving financial institutions, enterprises, and government organizations. Its portfolio spans two divisions: Cybersecurity (authentication hardware and software including Digipass and Build38 mobile app protection, intelligent adaptive authentication, risk analytics, and fraud prevention) and Digital Agreements (OneSpan Sign eSignature platform, identity verification, remote online notarization, smart digital forms, and secure agreement automation). The company protects over 300 million endpoints globally and is trusted by 60% of the world's top 100 banks.
Product overview
OneSpan provides a comprehensive cybersecurity and digital agreement platform serving financial institutions, enterprises, and government organizations. The portfolio centers on two main divisions: Cybersecurity (authentication, mobile app security, fraud prevention) and Digital Agreements (eSignature, identity verification, agreement automation). Cybersecurity products include Digipass hardware authenticators (FX1, FX2, FX7, Cronto), Digipass software authenticators (Mobile SDK, Mobile Authenticator, Cloud, Suite), Build38 mobile app protection (RASP technology acquired Q1 2026), Intelligent Adaptive Authentication, and Risk Analytics. Digital Agreement solutions encompass OneSpan Sign eSignature platform, OneSpan Notary (remote online notarization), Identity Verification (facial biometrics, document authentication), Smart Forms, and Secure Agreement Automation. The platform integrates with enterprise systems including Salesforce, Microsoft, Workato, and supports EUDI Wallet for digital credentials. OneSpan protects over 300 million endpoints globally and serves 60% of the world's top 100 banks.
Differentiator
Problem solved
Functional benefit
Brands
- Digipass: Hardware and software authenticator product line including Digipass FX series FIDO2 security keys, Digipass S3 authentication software, Digipass Cloud, Digipass Suite, and Digipass Mobile SDK.
- OneSpan Sign
- OneSpan Sign Integration for Workato
- Build38 by OneSpan
- Verification Hub
Products and services
- Digipass S3 Authentication Enterprise authentication software supporting passkeys and FIDO2 standards for phishing-resistant login across web and mobile applications.
- Digipass FX Series FIDO2 Security Keys (FX1, FX2, FX7) Hardware-based FIDO2 security keys providing phishing-resistant authentication for enterprise workforce and customer login across enterprise applications and digital transactions.
- Digipass as a Service Cloud-delivered authentication service providing Digipass authenticator capabilities on a subscription basis for flexible deployment without on-premise infrastructure.
- Digipass Fulfillment Services Hardware authenticator fulfillment and provisioning services for enterprise-wide deployment of Digipass devices.
- Digipass Hardware Authenticators One-button hardware authenticators generating OTP codes for strong multi-factor authentication in banking and enterprise environments.
- Digipass Cronto Visual transaction signing device using color QR codes to authenticate and authorize financial transactions with embedded transaction details for user verification.
- Digipass Transaction Signing Authenticators Hardware authenticators with transaction data signing capability for secure approval of high-value financial operations.
- Digipass Mobile SDK Mobile software development kit for embedding authentication capabilities into custom mobile banking and enterprise applications.
- Digipass Mobile Authenticator Mobile authenticator application providing push notification, SMS, and biometric authentication for secure mobile access.
- Digipass Cloud Cloud-based authentication platform delivering Digipass authentication capabilities without on-premise infrastructure requirements.
- Digipass Suite On-premise authentication server managing Digipass authenticators and authentication policies for enterprise identity management.
- Build38 by OneSpan Next-generation mobile application protection combining SDK-based Runtime Application Self-Protection (RASP) technology with cloud-driven threat intelligence and AI defenses, protecting over 250 million endpoints.
- Risk Analytics Fraud risk analysis platform using machine learning and behavioral biometrics to detect anomalies and prevent account takeover and application fraud.
- Intelligent Adaptive Authentication Risk-based authentication platform that dynamically adjusts authentication requirements based on transaction risk scoring and user behavior analysis.
- OneSpan Sign Enterprise electronic signature platform for secure digital agreement preparation, signing, and management across multiple channels.
- OneSpan Notary Remote online notarization solution enabling electronic notarization of documents for legally binding digital signatures.
- Identity Verification Digital identity verification platform using facial biometrics, document authentication, and liveness detection for KYC/AML compliance.
- Smart Forms Intelligent digital forms with automated data extraction and validation for streamlined agreement preparation workflows.
- Secure Agreement Automation Automated agreement workflows combining eSignature with security controls for enterprise contract management.
- Digital Credentials Solution Platform for issuing, managing, and verifying digital identities across multiple digital wallets, supporting EUDI Wallet compliance under eIDAS 2.0 for European Digital Identity acceptance.
Quantifiable outcome
- Q1 2026 EPS of $0.45 beating $0.35 forecast by 28.57%
- +3 more outcomes
Companies that use OneSpan
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles3 records
OneSpan technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability9 records
Feature8 records
OneSpan partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered strategic and core.
- WE BUILD ConsortiumstrategicOneSpan joined WE BUILD European Digital Identity (EUDI) Wallet consortium as part of EU's Large-Scale Pilot (LSP) program. Contributing use cases including customer due diligence from verified identity data, strong customer authentication for logins and payments under PSD2/PSD3 frameworks. Pilots run under European Commission's Digital Europe Programme across multiple member states.
- Aptitude ConsortiumstrategicOneSpan joined Aptitude EUDI Wallet consortium as part of EU's Large-Scale Pilot (LSP) program testing EUDI Wallet infrastructure for digital identity use cases. Testing mobile-based digital identity wallet use cases for the financial services sector ahead of mandatory acceptance deadline under eIDAS 2.0.
- Intercede GroupcoreReseller partnership covering more than three-fifths of the largest banks. Intercede resells OneSpan solutions to expand market reach in identity verification and authentication.
- WorkatocorePartnership to enable secure eSignature automation across enterprise systems. OneSpan Sign Integration for Workato allows organizations to automatically trigger signature requests, move completed agreements into storage systems, and synchronize data across business applications such as CRM, ERP, and collaboration tools. Integration addresses market opportunity where 64% of companies have adopted iPaaS solutions but only 43% of signing processes are fully digital.
- SCSK CorporationcoreSCSK partnered with OneSpan and Sumitomo Mitsui Trust Bank to implement cloud-based FIDO authentication solution for mobile banking security in Japan. This deployment represents Japan's first use of cloud FIDO authentication for mobile banking, modernizing security and meeting new regulatory mandates from Japan's Financial Services Agency.
- ThreatFabricstrategicOneSpan partnered with and invested in ThreatFabric, a behavioral biometrics and malware detection company, to enhance fraud prevention capabilities. This partnership follows the company's strategy to build comprehensive digital security capabilities for banks.
Scale indicators17 records
Recent moves6 records
Expansion highlights6 records
OneSpan competitors and assessment
Company assessmentDirect peers
- DocuSign: DocuSign is the dominant eSignature platform and the most direct competitor to OneSpan Sign. Both serve financial services enterprises with agreement workflows, identity verification, and compliance-grade eSignature, and both are frequently compared head-to-head in G2 and analyst evaluations.
- Entrust: Entrust provides identity, authentication, digital signing, and PKI/certificate solutions to banks and governments globally. It is a direct competitor in hardware authenticators, FIDO, and certificate-based identity workflows for financial institutions, overlapping closely with OneSpan's Digipass portfolio.
- Ping Identity: Ping Identity provides enterprise identity, SSO, MFA, and passwordless authentication serving many of the same large financial institutions and Fortune 500 enterprises as OneSpan, and now includes ForgeRock following its 2024 acquisition.
- HID Global: HID Global offers authentication, credential management, and identity solutions for banks, governments, and enterprises, competing directly with OneSpan's hardware authenticators and digital identity offerings for regulated industries.
- Jumio: Jumio provides AI-driven identity verification, KYC/AML compliance, and biometric authentication used by financial institutions and fintechs. It overlaps directly with OneSpan's Verification Hub and Identity Verification products for digital onboarding.
Broad incumbents
- Okta: Okta is a leading identity and access management platform offering workforce and customer authentication, MFA, and passwordless capabilities that directly overlap with OneSpan's Digipass and Intelligent Adaptive Authentication products for enterprise and financial services customers.
- Thales: Thales (via its SafeNet identity & data security and banking/Payments lines) competes with OneSpan in hardware authenticators, HSM-backed custody, payment security, and digital identity for financial institutions and governments, offering a broader portfolio across multiple security domains.
Emerging players
- HYPR: HYPR is a passwordless and FIDO-based authentication specialist serving enterprise and financial services customers. It competes in the same passwordless authentication category where OneSpan was named a KuppingerCole Overall Leader in 2026.
- BioCatch: BioCatch provides behavioral biometrics and fraud analytics for banks and fintechs, overlapping with OneSpan's ThreatFabric partnership and Risk Analytics product line for account takeover and application fraud detection.
- Onfido: Onfido (now part of Entrust) provides AI-based document verification and biometric identity verification used by banks and fintechs for KYC and onboarding. It is a comparable identity verification provider serving similar financial services customers as OneSpan's Verification Hub.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
OneSpan social profiles
Digital presenceOneSpan compliance and trust
Trust signalCompliance10 records
OneSpan financial estimates
Financial estimateRevenue estimate
Valuation estimate
OneSpan leadership team
Management profileNumber of profiles
Profiles12 records
OneSpan subsidiaries and ownership
Company hierarchySubsidiaries5 records
OneSpan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OneSpan M&A and investment
M&A and investmentM&A16 records
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OneSpan
What does OneSpan do?
OneSpan provides a comprehensive cybersecurity and digital agreement platform serving financial institutions, enterprises, and government organizations. Its portfolio spans two divisions: Cybersecurity (authentication hardware and software including Digipass and Build38 mobile app protection, intelligent adaptive authentication, risk analytics, and fraud prevention) and Digital Agreements (OneSpan Sign eSignature platform, identity verification, remote online notarization, smart digital forms, and secure agreement automation). The company protects over 300 million endpoints globally and is trusted by 60% of the world's top 100 banks.
Is OneSpan a public or private company?
OneSpan is a public company. It is classified as public and is currently operating.
When was OneSpan founded?
OneSpan was founded in 1997. It employs 501 to 1,000 people.
Where is OneSpan based?
OneSpan is headquartered in Chicago, United States, in the North America region.
How does OneSpan make money?
Four revenue lines are on record. Subscription Revenue (ARR) is the primary driver. The others are hardware Sales, software Licenses and Support and professional Services.
Who are OneSpan's main competitors?
Direct peers on record are DocuSign, Entrust, Ping Identity, HID Global and Jumio. Broad incumbents are Okta and Thales. Emerging players are HYPR, BioCatch and Onfido.
Does OneSpan have an API?
Yes. OneSpan provides public API documentation and developer resources through its Documentation Portal (docs.onespan.com), Developer Community (community.onespan.com), and eSignLive Developer Community (docs.esignlive.com). APIs support eSignature workflows, authentication integration, and mobile SDK embedding for iOS and Android platforms. Developers can integrate via REST APIs for agreement preparation, signing workflows, and identity verification. The platform includes sandbox/developer testing environments. Developer documentation is at docs.onespan.com.
What industry is OneSpan in?
OneSpan's product category is Digital Identity and Authentication Software. Its primary akta.pro industry code is FSAGAMAE, Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse), with a secondary code of FSAPACAG, Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents). Its NAICS code is 561621 and its SIC code is 7370.