Lissi

What Lissi does

Lissi GmbH is a Frankfurt-based software company spun off from Commerzbank Group in 2023 that builds the EUDI Wallet Connector, a production-ready API enabling financial institutions, governments, and Qualified Trust Service Providers (QTSPs) to integrate with European Digital Identity (EUDI) Wallets under eIDAS 2.0. The Connector abstracts the technical complexity of the EUDI ecosystem — including the OpenID4VCI issuance protocol, OpenID4VP presentation protocol, SD-JWT and mdoc/ISO 18013-5 credential formats, HAIP security profiles, DCQL query logic, and semantic attribute normalization — exposing a single integration point compatible with certified wallets across all 27 EU member states. Supporting products include the Lissi Wallet (prototype), the Employee Wallet Suite (enterprise lifecycle credentials), the EUDI Wallet Starter Program (structured tiered onboarding), and the Lissi Marketplace deployed in the French EUDIW Playground. Lissi generates revenue through multi-tiered software subscriptions (Basic, Professional, Enterprise 12+ month Starter Program tiers), bundled professional services and expert onboarding, and production-grade SLA/maintenance contracts that transition from fixed monthly to transaction or user-based pricing once customers go live. The company sells via direct enterprise sales targeting regulated industries, complemented by regional channel partnerships with trust service providers (certSIGN in Romania, Intesa/Kyndryl in Italy, ADACOM in Greece) and platform integrations (Ping Identity marketplace, ServiceNow), with named customers including Mastercard, Commerzbank, ING, Deutsche Bahn, Atruvia, and Deutsche Rentenversicherung Bund.

Name

Lissi

Legal name

Lissi GmbH

Website

https://lissi.id

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Lissi GmbH provides the EUDI Wallet Connector, an API enabling banks, governments, and QTSPs across the EU to integrate with European Digital Identity Wallets for eIDAS 2.0 compliance. A Commerzbank spin-off, it sells via direct enterprise sales and regional trust service provider partnerships.

Ownership category

akta.pro rank

Product category

Digital Identity Infrastructure

akta.pro primary industry

International / Multi-Currency Wallets (FSAMAEAL)

akta.pro secondary industry

Mobile Wallets (NFC Tap-to-Pay / HCE) (FSAMAEAB)

Keywords

• Digital identity infrastructure
• EUDI wallet integration
• EIDAS 2 compliance
• Verifiable credentials API
• Identity verification software

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. EUDI Wallet Connector Software License: Lissi generates revenue through software licensing of the EUDI Wallet Connector. The Starter Program is priced at a fixed monthly rate (quote-based for specific tiers), with the Basic 12-month tier providing SaaS deployment, tenant capability, and visible Lissi branding; the Professional tier adds on-premise/own cloud deployment, two tenant capability, and white-label solution; the Enterprise tier offers multi-tenant capability. Upon transition to EUDI Wallet productive usage, pricing transitions from fixed monthly to transaction or user-based pricing.
2. Professional Services & Expert Onboarding: Lissi provides expert advisory, technical onboarding workshops, 1:1 support meetings, and ongoing business and technical guidance as part of its structured EUDI Wallet Starter Program. These support and consulting services are bundled into the program tiers and represent an additional revenue stream beyond pure software licensing.
3. Enterprise SLA & Maintenance Contracts: For production deployments, Lissi offers enterprise-grade SLAs with 24/7 support options and scalable volume pricing. Ongoing maintenance and updates ensure continuous alignment with eIDAS 2.0 and ARF standards. This represents recurring maintenance revenue on top of the base license.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Lissi provides the EUDI Wallet Connector, a production-ready API software that enables organizations to integrate with European Digital Identity (EUDI) Wallets for eIDAS 2 compliance. The Connector handles issuance and verification of Verifiable Credentials via OpenID4VCI, OpenID4VP, SD-JWT, and mdoc/ISO 18013-5 protocols, abstracting the complexity of the EUDI Wallet ecosystem. Lissi's offering also includes the Lissi Employee Wallet Suite for enterprise credential management and a structured EUDI Wallet Starter Program for guided onboarding.

Product overview

Lissi is a German software company providing a modular EUDI Wallet ecosystem with three core components: the EUDI Wallet Connector (API software for eIDAS 2 compliance), the Lissi Employee Wallet (enterprise credential management), and the EUDI Wallet Starter Program (guided onboarding with tiered packages). The Connector serves as the central integration point that abstracts the complexity of the EUDI Wallet ecosystem, handling OpenID4VCI, OpenID4VP, and SD-JWT protocols. The Employee Wallet Suite extends this for enterprise use cases including onboarding, access credentials, and passwordless authentication. Products are available as cloud SaaS or on-premise deployments, supported by testing environments including national sandboxes and the Lissi Marketplace demo.

Differentiator

Problem solved

Functional benefit

Brands

• EUDI Wallet Connector: API software for eIDAS 2 compliance, enabling organizations to integrate EUDI Wallets
• EUDI Wallet Starter Program
• Employee Wallet Suite
• Lissi Wallet
• Lissi Marketplace

Products and services

• EUDI Wallet Connector API software that enables organizations to integrate with European Digital Identity (EUDI) Wallets for eIDAS 2 compliance. Handles credential issuance (OpenID4VCI), verification (OpenID4VP), and management across all certified EUDI Wallets using SD-JWT and mdoc/ISO 18013-5 formats. Targets financial institutions, government bodies, and QTSPs.
• Employee Wallet Suite Enterprise solution combining the EUDI Wallet Connector and Lissi Employee Wallet for managing the entire employee lifecycle including onboarding, digital access credentials, password resets (SSPR), HR document signing, and offboarding. Designed for enterprise and corporate IT/HR systems.
• EUDI Wallet Starter Program Guided onboarding program for organizations to explore and test EUDI Wallet use cases with expert support. Includes starter, professional, and enterprise tier packages spanning 12+ months with API licensing, technical support, and business workshops.
• Lissi Employee Wallet Enterprise-grade digital wallet application supporting all EUDI Wallet features plus additional capabilities such as auto-acceptance of issuance and verification, and customizable appearance for organizational branding. Integrates with employee IAM/HR systems for credential issuance and verification.
• EUDI Wallet Sandbox Pre-configured testing environment compatible with national sandboxes (German, French EUDIW Playground, WeBuild, Aptitude) and Lissi's own platform, enabling organizations to test EUDI Wallet use cases before production deployment.

Quantifiable outcome

• POC for secure password resets implemented in just 8 hours using the Lissi Connector with PING Identity integration (Atruvia use case)
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core and secondary.

• Intesa (a Kyndryl Company)coreStrategic or Co-development Partner · 13 April 2026Long-term strategic partnership to enable private sector businesses in Italy seamless and rapid access to the EUDI Wallet ecosystem. The partnership addresses the Italian market specifically, ensuring compatibility with the Italian EUDI Wallet implementation and integration with national infrastructures for digital payments and public services. Provides end-to-end compliance coverage including KYC onboarding, SCA authentication, and QES issuance.
• certSIGNcoreStrategic or Co-development Partner · 3 March 2026Romanian qualified trust services provider certSIGN partnered with Lissi to support EUDI Wallet adoption in Romania. The collaboration combines certSIGN's PKI-based trust services and digital identity expertise with Lissi's EUDI Wallet Connector API to enable wallet-based identification, credential verification, and qualified electronic signatures for regulated industries, enterprises, and public sector bodies. Companies have tested KYC processes for banking and digital loan applications, and are building cross-border digital identity verification interoperability.
• German Government (Federal Ministry)coreStrategic or Co-development Partner · 19 November 2025Lissi is among the over 75 organizations that signed the German government's EUDI Wallet collaboration memorandum of understanding to work on launching the EUDI Wallet in Germany and across the EU. The agreement involves companies and institutions including IDNow Trust Services, Persona, WebID, Namirial, Secunet, Sopra Steria, and Giesecke+Devrient, targeting wallet readiness by 2027.
• AtruviacoreTechnology or Integration · 24 September 2025Completed proof-of-concept with Lissi and PING Identity for secure password resets using EUDI Wallet technology. Atruvia, as digitalization provider for Germany's cooperative banking sector, served as implementation lead and use case owner. The POC was implemented in just 8 hours, demonstrating how EUDI Wallet infrastructure can power internal employee identity workflows.
• MastercardcoreStrategic or Co-development PartnerCollaboration focused on securely tokenizing payment credentials and integrating them into EUDI Wallets. Supports a trusted, interoperable digital identity ecosystem across Europe, aligning with Mastercard's broader EUDI infrastructure strategy. Quote from EVP Michele Centemero confirms strategic nature of the collaboration.
• ServiceNowcoreTechnology or IntegrationPartnership integrates the Lissi EUDI Wallet Connector into ServiceNow's workflow platform, enabling seamless eIDAS 2-compliant credential management. ServiceNow users benefit from secure, efficient identity verification directly within their business processes.
• Ping IdentitycoreTechnology or IntegrationStrategic Ping Identity partner embedding EUDI Wallet capabilities directly into Ping's IAM ecosystem. Enables organizations to meet eIDAS 2.0 acceptance requirements securely and frictionlessly. Lissi EUDI Wallet Connector available on Ping Identity marketplace for easy discovery and integration.
• Sign8secondaryTechnology or IntegrationSign8 integrates Lissi to use PID of EUDI wallet as an identification method for the qualified electronic signature area. Sign8 management states the integration works within hours, citing excellent solution, documentation, and support.
• ADACOMsecondaryStrategic or Co-development PartnerPartnership reinforces ADACOM's commitment to delivering trusted digital identity solutions aligned with Europe's regulatory framework. Goal is to simplify EUDI Wallet integration for organizations while ensuring security, compliance, and user trust. ADACOM's Trust Services Director Kostas Nousias cited in press materials.
• European Wallet Consortium (EWC)coreStrategic or Co-development PartnerActive contributor and participant in the European Wallet Consortium Large Scale Pilot, funded by the European Commission. EWC is one of the major EU-level initiatives for EUDI Wallet development and testing.
• Deutsche Rentenversicherung Bund (German Federal Pension Fund)secondaryStrategic or Co-development PartnerPartnership in the DC4EU pilot to demonstrate how EUDI Wallets can streamline cross-border social security verification. Deutsche Rentenversicherung Bund and Lissi collaborate to showcase wallet-based interactions for public administration use cases.
• France IdentitécoreTechnology or IntegrationLissi has deployed a web application within the French EUDIW Playground connecting to the externally hosted Lissi Connector. During interoperability testing, Lissi successfully validated wallet interactions with the France Identité environment and earned the 'Ready for France Identité' interoperability badge.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Namirial: Namirial is an Italian-headquartered QTSP and digital identity provider that signed the German EUDI Wallet MoU, offering qualified electronic signatures, digital onboarding, and trust services comparable to Lissi's connector-driven wallet issuance capabilities.
• IDnow: IDnow is a leading European identity verification platform and QTSP that, like Lissi, signed the German government's EUDI Wallet collaboration MoU and serves banks, insurers, and government clients with eIDAS-aligned KYC and identity issuance services.
• WebID Solutions: WebID is a German QTSP that signed the same German government EUDI Wallet MoU and provides identity verification, video identification, and qualified electronic signature services to banks and regulated industries, directly competing with Lissi for KYC and wallet-based identity use cases.

Broad incumbents

• Okta: Okta is a leading cloud IAM platform with a broad identity and access management portfolio that, while not natively an EUDI specialist, is increasingly embedding wallet and verifiable credential capabilities into its workforce and customer identity products.
• Thales: Thales operates a Digital Identity and Security (DIS) business that supplies national eID, ePassport, and digital identity wallet infrastructure globally, including EUDI-aligned programs, positioning it as a broad incumbent competing for the same regulated enterprise and government wallet deployments as Lissi.
• Microsoft Entra ID: Microsoft Entra ID is a globally deployed identity and access management platform that could plausibly extend into EUDI wallet issuance and verification via Verifiable Credentials, making it a broad incumbent that could disintermediate standalone connector vendors like Lissi over time.
• Giesecke+Devrient: Giesecke+Devrient is a global secure identity and payments incumbent that signed the German EUDI Wallet MoU and offers end-to-end wallet, credential, and government ID infrastructure, making it a broad incumbent comparable to Lissi across multiple layers of the EUDI stack.
• Secunet: Secunet is a German cybersecurity and eIDAS infrastructure provider that signed the German EUDI Wallet MoU and supplies sovereign cloud, border control, and identity wallet technology to governments and regulated enterprises across Europe.

Emerging players

• Persona: Persona is an identity verification platform that signed the German EUDI Wallet MoU and focuses on flexible, API-first KYC and identity workflows, making it an emerging competitor to Lissi in the EUDI-aligned identity verification layer.

Others

• Sopra Steria: Sopra Steria is a major European IT services firm that signed the German EUDI Wallet MoU and delivers large-scale government digital identity and EUDI implementation programs, acting as a systems integrator competitor to Lissi's connector-driven model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/lissi_id
• LinkedInlinkedin.com/company/lissi

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors4 records

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 Lissi