What Identyum does

Identyum (legally Identity Consortium d.o.o.) is a Croatian digital identity platform founded in November 2018 and headquartered in Varaždin, Croatia. The company operates an all-in-one cloud/SaaS platform that combines four core products into a single integrated solution: a Digital ID Wallet for consumers, Identify for remote identity verification, Sign for electronic signatures (supporting SES, AdES and QES tiers under the EU eIDAS framework), and FinCheck for PSD2-based financial background checks. Underlying technology includes biometric facial verification with liveness detection, a proprietary ID SCAN computer vision system for video-based analysis of optical security elements on identification documents, selective disclosure cryptography, and AISP connectivity licensed by the Croatian National Bank. The ID Wallet received eIDAS 2.0 High Level of Assurance certification in July 2025, and storage architecture is certified to FIPS 140-2 Level 3, eIDAS EAL4+ and QSCD standards.

The business model is B2B-first with a freemium consumer surface. The Digital ID Wallet is free for citizens, while enterprise access to Identify, Sign, and FinCheck is delivered via API integration or a self-serve web portal under quote-based, likely subscription and usage-based terms. Revenue is generated primarily from financial institutions, fintechs, regulated businesses (insurance, gaming, crypto), and government/public administration customers that need to meet KYC, AML, GDPR, eIDAS and PSD2 obligations. Around 100,000 Croatian citizens hold the ID Wallet as of May 2026, and the platform has been deployed cross-border through IDDEEA in Bosnia and Herzegovina. Go-to-market combines direct enterprise sales, API-led integration, EU-funded internationalisation via trade fairs (GITEX Africa, Money 20/20 Europe, AfricaCom, TRUSTECH), and thought-leadership content marketing around the EU's 2027 AMLR and EUDI Wallet mandates.

Identyum has grown primarily through non-dilutive EU grant funding (IRI2 ID SCAN, B LIGHT, Identify and FinCheck, Internationalisation project) and currently sits as a member of the EUDI Wallet Consortium Large Scale Pilots programme. Named customers include Valamar Riviera d.d. (hospitality), Ferratum Bank (digital banking), and the Bosnia and Herzegovina identification agency IDDEEA. The company was recognised on the Deloitte Technology Fast 500 EMEA list in 2025 and holds first-in-Croatia regulatory credentials (HNB AISP license, ISO 27701, ISO/IEC 30107-3 biometric certification).

Name

Identyum

Legal name

Identity Consortium d.o.o.

Website

https://identyum.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Identyum is a Croatian digital identity platform offering a consumer ID Wallet plus API-based identity verification, e-signature, and PSD2 financial background check services to banks, fintechs, regulated businesses, and public administrations in Southeast Europe.

Ownership category

akta.pro rank

Product category

Digital Identity Platform

NAICS

Investigation and Personal Background Check Services (561611), Custom Computer Programming Services (541511), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)

akta.pro secondary industries

Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI), Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN), Document Capture, Scanning, OCR/ICR & Intelligent Document Processing (IDP) (HDAEAGAD), Identity Verification (IDV) & Document Verification (FSAMALAE)

Keywords

• Digital identity verification
• Electronic signature services
• KYC AML compliance
• Digital ID wallet
• Financial background check

Headquarters

HQ city

Varazdin

HQ country

Croatia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. B2B SaaS / Platform Subscriptions: Identyum provides its identity verification, electronic signature, and financial check services to businesses via API integration (SaaS/cloud model). The platform is used by businesses to onboard customers digitally and comply with KYC/AML regulations. B2B pricing is likely subscription or usage-based, though specific enterprise pricing is not publicly disclosed.
2. API/Usage-based Access: Services are accessible via Identyum API, suggesting a usage-based or metered billing component for API calls, verification events, or data lookups performed by enterprise clients.
3. Digital ID Wallet for Citizens (Free): The Identyum Digital ID Wallet is free for end users (citizens). Revenue from the consumer-facing product is indirect, generated through B2B2C arrangements where businesses (banks, government agencies) bear the cost of the platform.
4. Electronic Signature Certificates and Transactions: Identyum issues electronic signature certificates (SES, AdES, QES) and enables document signing. The Sign service includes FINA AdES alongside Identyum's own signatures, indicating a trust services revenue stream. Specific per-transaction or subscription fees for signing are not publicly disclosed.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Identyum provides an all-in-one cloud/SaaS digital identity platform combining a personal Digital ID Wallet, remote identity verification (Identify), legally valid electronic signature (Sign), and automated financial background check (FinCheck) services. The platform is delivered primarily via API integration for enterprise clients (banks, fintech, government) and as a free consumer-facing digital ID wallet for citizens.

Product overview

Identyum is an all-in-one digital identity platform that combines four core products into one unified solution: the ID Wallet (digital identity storage), Identify (identity verification), Sign (electronic signature), and FinCheck (financial background check). The platform enables businesses and individuals to securely verify identities, sign documents electronically, share data with confidence, and perform financial verification. Identyum ID SCAN provides computer vision-based document authenticity verification, while Identyum NOW serves as a global trust anchor hub. All services are accessible through API integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Identyum ID Wallet A digital wallet that securely stores identity and personal data in encrypted form, giving the user exclusive control over their PIN and biometric second factor. Supports selective disclosure — users can confirm specific attributes (e.g., 'over 18') without revealing underlying data. Available free for citizens.
• Identyum Identify Remote identity verification service fully compliant with AML and GDPR. Combines secure biometric checks, document authenticity verification, video verification, liveness detection, and cross-database checks within a single session. Produces timestamped, auditable structured output (JSON or PDF) tied to a specific verification event.
• Identyum Sign Electronic signature service enabling legally valid signing of PDF documents digitally. Supports Simple (SES), Advanced (AdES), and Qualified (QES) electronic signatures per eIDAS. No additional devices or card readers required from any signer. Includes FINA AdES integration for qualified signatures.
• Identyum FinCheck Automated financial background check service that retrieves and verifies financial data (IBAN, ownership, account balance, transactions) for individuals and legal entities via PSD2 AISP APIs, with explicit user consent. Classifies transactions, generates scoring, and assesses financial capacity.
• Identyum ID SCAN Computer vision system and service for analysis of optical security elements on identification documents and detection of fraud, using video (not still images) of the document. Based on customised and optimised machine learning algorithms.
• Identyum NOW A global trust anchor hub for verifying identity and legally valid identity-based transactions. Enables digital identity for e-signing documents (eIDAS) and verifying/proving financial and personal data (PSD2).
• Identyum API API platform enabling integration of Identyum identity verification, electronic signature, and financial background check services into business operations. Documented at identyum.com/identyum-apis/.

Quantifiable outcome

• Around 100,000 Croatian citizens actively use the Identyum Digital ID Wallet as of May 2026
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• HAMAG BICROcoreStrategic or Co-development PartnerHAMAG BICRO (Croatian Agency for SMEs, Innovation and Investments) is the lead beneficiary in the Interreg Hungary-Croatia B LIGHT project with Identyum (June 2021 – May 2022). HAMAG BICRO co-finances and supports the internationalisation and cross-border cooperation of Croatian SMEs.
• Factory X d.o.o.minorStrategic or Co-development PartnerFactory X d.o.o. (Croatia) is the project partner in the IRI2 – ID SCAN R&D project with Identity Consortium d.o.o. (February 2020 – August 2023). Factory X contributed to the development of the ID SCAN computer vision system for document authenticity detection.
• Info3 d.o.o.minorStrategic or Co-development PartnerInfo3 d.o.o. (Croatia) is a project partner in the Interreg Hungary-Croatia B LIGHT – Identyum NOW project, contributing to the development of the Identyum NOW paradigm-shifting personal data management service.
• Bancard Kft.minorStrategic or Co-development PartnerBancard Kft. (Hungary) is a project partner in the B LIGHT – Identyum NOW cross-border Hungary-Croatia project, contributing to the international market development of the Identyum NOW service.
• FINA (Financial Agency, Croatia)coreTechnology or IntegrationFINA (Financial Agency) partnered with Identyum to offer remote electronic signing services in Croatia. Identyum serves as FINA's partner for remote qualified electronic signatures (QES), integrating FINA's AdES signature capability into the Identyum Sign service.
• EUDI Wallet Consortium (EWC)coreStrategic or Co-development PartnerIdentyum has been a member of the EUDI Wallet Consortium since December 2022, participating in the European Commission's Large Scale Pilots programme. The consortium defines the reference framework for how EUDI Wallets interoperate across EU Member States.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Onfido (Entrust): Onfido, now part of Entrust, is a global identity verification leader offering document, biometric, and KYC checks via API to banks and fintechs. It addresses the same regulated KYC/AML buyer as Identyum, with eIDAS-aligned offerings and substantially larger enterprise scale.
• Veriff: Veriff is an Estonia-based identity verification provider with strong EU and regulated-industry footprint (financial services, crypto, gaming). Comparable to Identyum as an EU-headquartered IDV/KYC platform serving financial institutions and other obligated entities.
• iDenfy: iDenfy is a Lithuanian identity verification and compliance platform serving banks, fintechs, and crypto firms globally. Closely comparable to Identyum as a smaller EU-based IDV vendor targeting regulated KYC/AML use cases.
• Sumsub: Sumsub is a global identity verification and AML/KYC platform with strong EU presence, covering document and biometric verification, e-signature, and ongoing monitoring. Directly comparable to Identyum's Identify + Sign + FinCheck combination for compliance-driven onboarding.

Broad incumbents

• Thales (Digital Identity & Security): Thales DIS is a major EU digital identity and eIDAS trust services provider, offering national eID infrastructure, qualified signatures, and identity wallets. Directly comparable to Identyum at the wallet and e-signature layer, but as an established multi-vertical incumbent.
• IDEMIA: IDEMIA is a global provider of identity and security solutions, including biometric verification, eIDAS-compliant digital identity, and government-issued credentials. Comparable to Identyum in identity verification and digital ID wallet capabilities, particularly for regulated and government customers.
• Jumio: Jumio is a global identity verification and KYC/AML compliance vendor serving banks, fintechs, and other regulated industries. Comparable to Identyum across document verification, biometric authentication, and AML compliance use cases.

Emerging players

• iProov: iProov is a UK-based biometric facial authentication and liveness specialist used by governments, banks, and healthcare organizations. Comparable to Identyum on biometric liveness detection and identity proofing within the ID Wallet and Identify products.
• Ubisecure (Trustifi): Ubisecure is a Nordic-headquartered customer identity and access management (CIAM) and identity platform provider with eIDAS integration. Comparable to Identyum at the European IAM/digital identity integration layer, especially for B2B identity workflows.

Regional players

• Halcom (Slovenia): Halcom is a Slovenia-based eIDAS trust services provider offering qualified electronic signatures, PSD2 AISP services, and digital identity wallets serving SEE and broader EU markets. Closest geographic and regulatory peer to Identyum, operating a near-identical wallet + AISP + e-signature model in an adjacent SEE market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/identyum
• LinkedInlinkedin.com/company/identyum
• Instagraminstagram.com/identyum

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Identyum