Vespia
Vespia is an Estonian AI-powered KYB, KYC, and AML compliance platform serving financial institutions, payment providers, and regulated businesses with business verification across 300+ jurisdictions. Founded in 2020 and acquired by Veriff in February 2026.
- Company typePrivate
- Founded2020
- HeadquartersTallinn, Estonia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Vespia does
Vespia OÜ is an Estonian AI-powered business verification and AML compliance platform that combines Know Your Business (KYB), Know Your Customer (KYC), and Anti-Money Laundering (AML) capabilities into a single integrated product. The platform provides business verification across 300+ jurisdictions by accessing 5,000+ official sources and 1,500+ data points, with commercial register data typically returned in under 30 seconds. Its product suite includes Business Verification, AML Risk Analysis (hybrid rule-based and AI scoring), User Onboarding (with eSignature and whitelabel SDK), Transaction Monitoring, AML Screening & Monitoring (PEP/sanctions/adverse media against 4,000+ lists), UBO Discovery, and Julia AI (a virtual AML compliance officer). Underlying technology includes a GraphQL API with webhooks, Web SDK, computer vision for identity document verification (7,000+ document types across 190+ countries with liveness detection), and NLP for adverse media screening.
The company serves financial institutions, payment platforms, fintechs, accounting firms, venture capital funds, crypto exchanges, and corporates in regulated industries. Named customers include Tele2 Estonia (telecom), LHV Pank (banking), e-Residency (government), Clearbell (VC), Kemit Kingdom SA (payments, InstaPay), Ellex Raidla (legal), Icebreaker, and Keyrails. Revenue is generated primarily through a €99/month Starter subscription (targeted at startups and SMBs, including unlimited users and global KYB coverage) and per-report fees for KYB reports starting from €35, complemented by 7-day free trial onboarding. Distribution is a hybrid motion combining enterprise direct sales, API-first developer integration, and product-led self-serve onboarding.
In February 2026, Vespia was acquired by Veriff — the Estonia-based digital identity verification company where founder and CEO Julia Ront had previously been the second employee — with the strategic intent of integrating KYB into Veriff's identity verification platform to create a combined KYC/KYB/AML trust platform by mid-2026. Prior to acquisition, the company was bootstrapped through accelerator participation (Plug and Play, Startup Lithuania Accelerator) and a 2022 round involving Icebreaker.vc, Krokodilli Kapital, and Plug and Play, with no disclosed funding amounts.
Vespia firmographics
Firmographics- Name
- Vespia
- Legal name
- Vespia OÜ
- Website
- https://vespia.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Vespia is an Estonian AI-powered KYB, KYC, and AML compliance platform serving financial institutions, payment providers, and regulated businesses with business verification across 300+ jurisdictions. Founded in 2020 and acquired by Veriff in February 2026.
- Ownership category
- akta.pro rank
Vespia industry classification
Industry- Product category
- RegTech / AML & Business Verification Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening) (FSAGAFAB)
- akta.pro secondary industries
- KYC/KYB, Identity Verification & Customer Due Diligence (FSAFAOAE), Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA), Risk Scoring, Decisioning & Orchestration (rules, ML, workflow) (FSAGAFAF), GRC, Policy Management & Controls Testing (SOX/ICFR, audit management) (FSAGAFAM)
Keywords
Where Vespia is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices2 records
Markets served
Vespia business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Subscription Licensing: Starter Package at €99/month offering AML support with global KYB coverage, unlimited users, business registry access, sanctions screening, and automated onboarding flow. KYB reports priced separately starting from €35 per report.
- Per-Report Fees: KYB reports priced by region starting from €35 per report, enabling pay-as-you-go verification without full subscription commitment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Starter Package at €99/month for AML support, startups and small businesses |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Vespia product offering
Product offeringCore offering
Vespia sells an AI-powered RegTech platform that combines KYB (Know Your Business), KYC (Know Your Customer), and AML (Anti-Money Laundering) compliance into a single product. Its offerings include global business verification across 300+ jurisdictions, AI-driven AML risk scoring, automated PEP/sanctions/adverse media screening against 4000+ lists, UBO discovery and continuous monitoring, AI-powered transaction monitoring, and a customizable onboarding flow SDK for customer onboarding. The platform is delivered as a SaaS dashboard, a GraphQL API with webhooks, and a whitelabel Web SDK for integration into customer workflows.
Product overview
Vespia is an AI-powered business verification and AML compliance platform offering a unified solution that combines KYB (Know Your Business), KYC (Know Your Customer), and AML (Anti-Money Laundering) capabilities. The core platform consists of four main products: Business Verification for global company checks, AML Risk Analysis for AI-powered risk scoring, User Onboarding for customer onboarding with eSignature, and Transaction Monitoring for real-time suspicious activity detection. These are supported by add-on modules including Julia AI (AI Compliance Officer), AML Screening & Monitoring, and UBO Verification. The platform provides coverage across 300+ jurisdictions with access to 1500+ data points from 5000+ official sources. Vespia was acquired by Veriff in February 2026 with full integration planned for mid-2026.
Differentiator
Problem solved
Functional benefit
Brands
- Julia AI: AI-powered AML Compliance Officer - an AI assistant that provides AML compliance guidance and helps make AML compliance processes smoother.
Products and services
- Business Verification KYB verification solution providing in-depth business insights through global commercial registers and extensive databases, identifying UBOs, shareholders, directors, and corporate hierarchies across 300+ jurisdictions in under 30 seconds. Targeted at compliance and onboarding teams at financial institutions, fintechs, and corporates.
- AML Risk Analysis AI-powered risk assessment solution delivering timely alerts and detailed reports with highlighted risk analysis and scoring, combining hybrid rule-based and AI approaches for compliance decision-making. Used by compliance teams at regulated entities.
- User Onboarding Dynamic customer onboarding flow with eSignature capabilities, customizable KYB and KYC templates for different jurisdictions, and SDK integration for whitelabel deployment to reduce customer dropouts. Used by businesses onboarding customers and counterparties.
- Transaction Monitoring AI-powered transaction monitoring software that detects suspicious activity in real time, with automatic risk scoring and continuous AML compliance monitoring. Targeted at financial institutions and payment platforms.
- AML Screening & Monitoring Automated PEP, sanctions, and adverse media screening against 4,000+ lists with continuous monitoring, smart filtering to minimize false positives, and daily alerts for compliance updates. Used by compliance teams screening business counterparties and stakeholders.
- UBO Verification Ultimate Beneficial Owner discovery and verification service identifying shareholders, beneficial owners, and related entities across global business registries with continuous monitoring of ownership changes. Used by compliance teams meeting KYC/AML obligations on corporate customers.
- Julia AI (AI AML Compliance Officer) AI-powered virtual compliance officer providing AML guidance, suggestions for process optimization, and real-time risk analysis assistance to compliance teams. Targeted at compliance officers and operations leaders.
- Identity Verification (KYC) KYC solution supporting 7,000+ document types from 190+ countries with liveness detection to verify user authenticity on founders, UBOs, and other stakeholders. Used by businesses verifying individual identities during onboarding.
- Vespia GraphQL API Developer-facing GraphQL API for initiating KYB and KYC verifications, enabling entity checks, activating monitoring, and subscribing to webhooks for real-time verification events. Targeted at engineering teams integrating verification into their own products.
Quantifiable outcome
- 90% cost reduction in operational AML costs
- +3 more outcomes
Companies that use Vespia
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles3 records
Vespia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature10 records
Vespia partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- VeriffflagshipVeriff, an Estonia-based digital identity verification company, acquired Vespia as part of its strategy to expand from identity verification into a comprehensive trust platform. Vespia's KYB technology will be integrated across Veriff's platform by mid-2026, enabling combined KYC, KYB, AML, and monitoring services. Vespia founder Julia Ront was Veriff's second employee.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Vespia competitors and assessment
Company assessmentDirect peers
- Middesk: KYB-focused platform providing business verification, beneficial ownership lookup, and ongoing monitoring. Direct peer on Vespia's KYB and UBO verification core capabilities.
- Trulioo: Global identity verification and business verification (KYB) platform covering 195+ countries, used for KYC, AML, and onboarding. Direct peer given Vespia's similar multi-jurisdiction business verification scope.
- Persona: Configurable identity verification platform offering KYC, KYB, and AML components with API-first architecture. Comparable to Vespia in API-first developer distribution and regulated onboarding use cases.
- Veriff: Estonia-based identity verification company that acquired Vespia in February 2026. Both serve KYC/KYB/AML use cases for regulated enterprises; Veriff focuses on identity verification while Vespia brings KYB, AML, and monitoring, making the two now directly overlapping within a single platform.
- Onfido: AI-based digital identity verification provider used by financial institutions and regulated businesses for KYC and onboarding. Vespia has been positioned in third-party rankings as a top Onfido alternative for AML/KYC.
- Sumsub: All-in-one KYC, KYB, AML, and transaction monitoring platform serving fintechs, crypto, and regulated enterprises globally. Closest direct competitor to Vespia's combined KYB+KYC+AML value proposition.
- Jumio: Large-scale identity verification and KYC/AML platform serving banks, fintechs, and crypto platforms. Overlaps with Vespia on KYC and AML compliance for enterprise onboarding.
- ComplyAdvantage: AI-driven AML, sanctions screening, and transaction monitoring platform used by banks, fintechs, and crypto firms. Direct competitor on Vespia's AML screening, monitoring, and risk-scoring capabilities.
Broad incumbents
- IDology: Long-standing identity verification and KYC provider (now part of GBG) offering AML compliance and fraud prevention for enterprises. Broader incumbent overlapping with Vespia's KYC and AML offerings.
Emerging players
- PassFort: KYB/AML compliance workflow platform acquired by Sysnet, focused on regulated onboarding for fintechs and banks. Compares to Vespia on KYB workflows, UBO checks, and AML question automation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Vespia social profiles
Digital presenceVespia compliance and trust
Trust signalCompliance1 record
Vespia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vespia leadership team
Management profileNumber of profiles
Profiles1 record
Vespia funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vespia 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 Vespia
What does Vespia do?
Vespia sells an AI-powered RegTech platform that combines KYB (Know Your Business), KYC (Know Your Customer), and AML (Anti-Money Laundering) compliance into a single product. Its offerings include global business verification across 300+ jurisdictions, AI-driven AML risk scoring, automated PEP/sanctions/adverse media screening against 4000+ lists, UBO discovery and continuous monitoring, AI-powered transaction monitoring, and a customizable onboarding flow SDK for customer onboarding. The platform is delivered as a SaaS dashboard, a GraphQL API with webhooks, and a whitelabel Web SDK for integration into customer workflows.
Is Vespia a public or private company?
Vespia is a private company. It is classified as corporate owned and is currently acquired.
When was Vespia founded?
Vespia was founded in 2020. It employs 1 to 10 people.
Where is Vespia based?
Vespia is headquartered in Tallinn, Estonia, in the Europe region.
How does Vespia make money?
Two revenue lines are on record. Subscription Licensing is the primary driver. The others are per-Report Fees.
Who are Vespia's main competitors?
Direct peers on record are Middesk, Trulioo, Persona, Veriff, Onfido, Sumsub, Jumio and ComplyAdvantage. IDology is listed as a broad incumbent. PassFort is listed as an emerging player.
Does Vespia have an API?
Yes. Vespia offers a GraphQL API for KYB (Know Your Business), KYC (Know Your Customer), and AML verification services. The API supports two environments: Development (https://dev-api.vespia.io/auth/graphql and https://dev-api.vespia.io/my/graphql) and Production (https://api.vespia.io/auth/graphql and https://api.vespia.io/my/graphql). Authentication uses bearer tokens with 10-minute expiration, requiring Origin header https://vespia.io. Available mutations include RequestKybVerification, RequestKycVerification, RequestEntityChecks, EnableEntityCheckMonitoring, and CreateWebhookSubscription. The API supports webhooks for real-time updates on verification events including event.order.created, event.verificationView.built, and event.wallet.updated. Developer documentation is at vespia.io/developers.
What industry is Vespia in?
Vespia's product category is RegTech / AML & Business Verification Software. Its primary akta.pro industry code is FSAGAFAB, KYC/KYB & Customer Onboarding (CIP, beneficial ownership, screening), with a secondary code of FSAFAOAE, KYC/KYB, Identity Verification & Customer Due Diligence. Its NAICS code is 5182 and its SIC code is 7372.