What Scytale does

Scytale is an Italian blockchain-based digital identity services provider operating as a subsidiary of Aliasnet Holding, headquartered in Mantova with a secondary office in Milan. Founded in 2016 as a spin-off from the Alias Group (which traces its origins to ALIAS SAS, an ICT leader established in 1984), the company serves large financial institutions, insurance companies, public institutions, and private organizations across Italy with regulated digital identity solutions. The company maintains operations with a team of 1-10 employees and operates under a white-label/OEM and direct enterprise sales model.

The company's product portfolio consists of four integrated solutions: REVELO (anti-fraud technology protecting against phone frauds), INVYD.IO (digital onboarding hub with KYC/KYB technologies including document analysis, face comparison, liveness detection, and biometric verification), IMPRONTIS (blockchain-based e-signature, strong authentication, and notarization with eIDAS compliance), and HOKAN (Custody-as-a-Service for cryptocurrencies, tokens, NFTs, and digital assets using threshold signature schemes and hybrid hot/cold storage). The platform is built on blockchain-agnostic architecture with quantum-resistant cryptographic techniques, and Improntis holds a granted European Patent for 'Method of digital identity generation and authentication.'

Scytale generates revenue through white-label platform licensing, recurring subscription contracts for B2B digital identity services, and Custody-as-a-Service fees. Strategic partnerships include Kaleyra (2019), Cerved (2021, for KYB data integration), and TIM Trust Technologies (2024). The company received a $345,821 investment from Gellify in 2018, its only disclosed funding round to date, and operates without a disclosed global footprint beyond Italy.

Name

Scytale

Legal name

SCYTALE SRL

Website

https://scytale.it

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Scytale is an Italian blockchain-based digital identity services provider serving financial institutions, insurance companies, public sector clients, and enterprises with KYC/KYB onboarding, e-signature, anti-fraud, and digital asset custody solutions.

Ownership category

akta.pro rank

Product category

Digital Identity Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Integrated Systems Design (7373), Finance Services (6199)

akta.pro primary industry

KYC/KYB Identity Verification & Onboarding (FSADALAA)

akta.pro secondary industries

AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ), Fraud Detection, Scam Prevention & Account Takeover (Crypto) (FSADALAF)

Keywords

• Digital identity services
• KYC KYB onboarding
• Blockchain e-signature
• Cryptocurrency custody
• Anti-fraud technology

Headquarters

HQ city

Mantua

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. White-label/CaaS Platform Licensing: Scytale offers its platforms (Hokan for crypto custody, Improntis for e-signature, Invyd.io for KYC/KYB) as white-label solutions that other institutions can embed and rebrand, generating licensing and platform fees.
2. B2B Digital Identity Services: Scytale provides integrated digital identity services to private and public institutions, including digital onboarding, e-signature, notarization, strong authentication, and fraud prevention as recurring service contracts.
3. Custody-as-a-Service (CaaS): Hokan provides cryptocurrency and digital asset custody services to institutions, allowing them to offer their customers custody for cryptocurrencies, tokens, NFTs and digital assets while maintaining full control.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

Scytale sells an integrated digital identity services ecosystem built on blockchain, comprising four platforms: INVYD.IO for KYC/KYB digital onboarding with biometric and AML checks, IMPRONTIS for eIDAS-compliant e-signature, notarization and strong authentication, HOKAN for cryptocurrency and digital asset custody-as-a-service (CaaS), and REVELO for anti-fraud protection against phone-based threats. The platforms are offered both directly to enterprises and as white-label embedded solutions for financial institutions, insurance companies and public sector organizations.

Product overview

Scytale operates as a Digital Identity Services Partner offering an integrated ecosystem of four distinct solutions. The portfolio is organized as a platform-plus-modules architecture centered around INVYD.IO for digital onboarding and IMPRONTIS for digital transaction security (e-signature, notarization, authentication). REVELO provides specialized anti-fraud protection for phone-based threats, while HOKAN offers cryptocurrency and digital asset custody services. These solutions are designed to work together to provide end-to-end digital identity services from onboarding through transaction completion and asset custody.

Differentiator

Problem solved

Functional benefit

Brands

• REVELO: Protection against phone frauds while enhancing brand awareness. Antifraud technology solution.
• INVYD.IO
• IMPRONTIS
• HOKAN

Products and services

• INVYD.IO Digital onboarding hub providing KYC (Know Your Customer) and KYB (Know Your Business) technologies, including video selfie verification, operator services, document analysis with automated data extraction, face comparison, liveness detection, biometric checks, multi-identity provider connector integration and AML compliance verification. Designed for financial institutions, insurance companies, private organizations and public institutions that need compliant remote customer and business onboarding, available as a white-label platform.
• IMPRONTIS Blockchain-based e-signature, strong authentication and notarization platform consisting of DOC (eIDAS-compliant electronic signature), AUDIT (notarization with timestamp and audit trail) and AUTH (multi-channel, multi-factor authentication). Uses quantum-resistant cryptographic techniques and is blockchain-agnostic, allowing connection with any public or private blockchain. Targeted at organizations needing compliant, tamper-proof digital transactions.
• HOKAN Secure digital wallet and Custody-as-a-Service (CaaS) platform for cryptocurrencies, tokens, NFTs and other digital assets. Uses Threshold Signature Schemes (TSS) with multi-party computation for transaction authorization, combines hybrid hot and cold wallet storage, and supports on-premise hosting via a "bubble of protection" layer so institutions keep full control while offering branded custody to their own customers.
• REVELO Anti-fraud technology solution that protects businesses and their customers against phone-based frauds such as smishing and phone fraud, while simultaneously enhancing the client's brand awareness. Positioned as a complementary layer to the broader digital identity stack.

Quantifiable outcome

• Reduced costs through blockchain as trusted third party and timestamp, eliminating need for additional integrated services
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature9 records

Partnerships

Three partnerships are on record, tiered minor and core.

• TIM Trust TechnologiesminorStrategic or Co-development Partner · 1 January 2024Partnership with TIM Trust Technologies announced in 2024, enabling trust technologies integration and digital identity service enhancements for the Scytale ecosystem.
• CervedcoreTechnology or Integration · 1 January 2021Partnership with Cerved established in 2021, enabling integration with Cerved's business information databases and data services for KYB (Know Your Business) verification, AML checks, and business information verification within the Invyd.io platform.
• KaleyraminorStrategic or Co-development Partner · 1 January 2019Partnership established in 2019 with Kaleyra, a communications platform provider. The nature of the partnership relates to digital identity and security solutions integration.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scytale