Opentech
Opentech Digital Services S.p.A. is a privately held Italian-headquartered provider of digital payment infrastructure serving European banks and card issuers through its PCI DSS Level 1-certified OpenPay™ suite, covering wallets, 3DS authentication, tokenization, money transfers, and NFC-based identity verification via AutomatID™.
- Company typePrivate
- Founded2010
- HeadquartersRome, Italy
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Opentech does
Opentech Digital Services S.p.A. (formerly Opentech Software Engineering s.r.l., re-branded in August 2024) is a privately held Italian-headquartered provider of digital payment infrastructure and transaction services to European banks and card issuers. Founded in 2010 and operating from Rome with offices in Milan and Baar/Zug (Switzerland), the company employs 51-100 staff and delivers its products through a wholly-owned Swiss subsidiary, Opentech Payment Services AG, established in 2018 to serve the DACH region. The legal name change to an Italian S.p.A. added a Board of Statutory Auditors and signalled a shift toward broader regulated payment services activity.
The company's flagship offering is the OpenPay™ platform suite, comprising ACS (EMVco-certified 3DS 2.x authentication with biometric out-of-band flows), Send (a money-move product blending Visa+, Visa Direct, Mastercard Send, and Mastercard Cross-Border with reach to ~3 billion bank accounts across ~100 countries), Token Manager (card tokenization across Apple Pay, Samsung Pay, Google Pay, Garmin Pay, and proprietary HCE wallets), Wallet (a convergent mobile wallet), SCA (PSD2-compliant strong customer authentication), and Banking Framework. The AutomatID™ product adds NFC-based full-digital identification for onboarding and credential recovery, and Opentech Secure Concierge is an LLM-based consumer banking assistant. The underlying technology stack is Java/Python with Spring, MyBatis, Hibernate, RESTful and SOAP services, deployed on AWS using PostgreSQL and DynamoDB, and the platform operates inside Opentech's PCI DSS Level 1 certified infrastructure.
Opentech operates a B2B2X enterprise SaaS model, charging banks and card issuers subscription or transaction-based fees for hosting, integration, and managed service delivery. Named customers are predominantly European Tier 1 and Tier 2 financial institutions: SwissBankers, card complete (Austria), BNL and Hello Bank! (both BNP Paribas Group), ING Italy, UniCredit Italy, CheBanca!, and Bank Austria, with public case studies demonstrating concrete outcomes (SwissBankers >90% 3DS approval rate, card complete doubling of monthly active users). Distribution combines direct enterprise sales and event-driven demand generation (Finovate Europe, Money20/20 Europe) with a self-serve channel via AWS Marketplace for AutomatID™, and an emerging shared-infrastructure positioning through the PayInit AG joint initiative with Viseca and Cornèr Bank in Switzerland.
Opentech firmographics
Firmographics- Name
- Opentech
- Legal name
- Opentech Digital Services S.p.A.
- Website
- https://opentech.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Opentech Digital Services S.p.A. is a privately held Italian-headquartered provider of digital payment infrastructure serving European banks and card issuers through its PCI DSS Level 1-certified OpenPay™ suite, covering wallets, 3DS authentication, tokenization, money transfers, and NFC-based identity verification via AutomatID™.
- Ownership category
- akta.pro rank
Opentech industry classification
Industry- Product category
- Digital Payment Infrastructure
- NAICS
- Custom Computer Programming Services (541511), Other Computer Related Services (541519)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Card Issuing Platforms (Issuer Processing) (FSAGABAD)
- akta.pro secondary industry
- Tokenization, Network Vaults & Credential Management (FSAGABAF)
Keywords
Where Opentech is headquartered
LocationHeadquarters
- HQ city
- Rome
- HQ country
- Italy
- HQ region
- Europe
Offices3 records
Markets served
Opentech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- SaaS / Platform Licensing: Opentech provides its OpenPay™ suite and AutomatID™ as hosted, managed services. Banks and card issuers pay for access to the platform on a per-transaction or subscription basis, with Opentech operating and maintaining the infrastructure within its PCI DSS certified environment.
- API and Plugin Licensing: OpenPay™ Send and AutomatID™ are available as standalone APIs or plug-ins for mobile and web, licensed to banks and fintechs for integration into their own applications.
- AWS Marketplace Licensing: AutomatID™ licenses are sold through AWS Marketplace, providing a self-serve channel for developers and companies to purchase and deploy the NFC identification service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS licensing for OpenPay™ suite |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Opentech product offering
Product offeringCore offering
Opentech provides a PCI DSS Level 1 certified digital payment infrastructure platform, branded OpenPay™, that enables banks and card issuers to deliver mobile wallets, 3DS authentication, card tokenization, strong customer authentication, and cross-border money transfers via APIs, plug-ins, or SaaS. The company also offers AutomatID™, an NFC-based full-digital identity verification service, and Opentech Secure Concierge, an LLM-powered AI assistant for bank consumers, sold as managed services or marketplace licenses.
Product overview
Opentech offers a modular platform-plus-products architecture centered on the OpenPay™ suite of digital payment services. The core OpenPay™ platform provides wallet infrastructure, authentication, tokenization, and money transfer capabilities, supplemented by specialized modules including OpenPay™ ACS (3DS authentication), OpenPay™ Send (money transfers), OpenPay™ Token Manager (card tokenization), OpenPay™ SCA (strong customer authentication), OpenPay™ Banking Framework (bank integration tools), and OpenPay™ Card Tokenization Services. Additional products include AutomatID™ (NFC-based identity verification) and Opentech Secure Concierge (AI-powered banking assistant). The company also delivers white-label mobile banking and wallet solutions to clients including SwissBankers, card complete, BNL, HelloBank!, ING, and UniCredit.
Differentiator
Problem solved
Functional benefit
Brands
- OpenPay™: Suite of digital payment services including OpenPay ACS, OpenPay Send, OpenPay Token Manager, OpenPay Wallet, OpenPay SCA, and OpenPay Banking Framework for banks and card issuers
- AutomatID™
- OpenPay™ Send
- Opentech Secure Concierge
Products and services
- OpenPay™ ACS State-of-the-art 3DS 2.x authentication technology for card issuers, certified by EMVco. Supports biometric recognition and turns smartphones into signing devices, replacing SMS OTPs.
- OpenPay™ Send All-in-one money transfer solution blending money movement and alias directory services from Visa+, Visa Direct, Mastercard Send, and Mastercard Cross-Border. Available as standalone product, plug-in, or API with customizable corridors, analytics dashboard, and admin portal.
- OpenPay™ Token Manager Card tokenization service enabling card issuers to manage digitization of cards on third-party wallets (Apple Pay, Samsung Pay, Google Pay, Garmin Pay) and proprietary HCE wallets, with a console for token control.
- OpenPay™ Wallet Convergent mobile wallet service including wallet server and mobile apps for iOS and Android, with Strong Customer Authentication compliant with EBA guidelines, remote and proximity NFC payments, and end-to-end PCI DSS infrastructure monitoring.
- OpenPay™ SCA Strong Customer Authentication tool compliant with EBA guidelines and PSD2, generating cryptogram-based One-Time Passwords (OTPs) used as signing devices for online payments and SCA across digital banking channels.
- OpenPay™ Banking Framework Banking-grade framework providing infrastructure for digital banking services, including operational management and service continuity tools for issuers.
- AutomatID™ Full-digital strong customer identification service using NFC to read ID documents (passports, identity cards) and payment cards on iOS and Android, with liveness detection and asymmetric key cryptography. Available as a plugin or via AWS Marketplace.
- Opentech Secure Concierge LLM-based AI-powered assistant for bank consumers, marketed as the first AI bank-related assistant for consumers, helping users manage their finances through conversational interaction.
Quantifiable outcome
- Swiss Bankers achieved an approval rate over 90% with OpenPay™ ACS, exceeding their previous non-PSD2-compliant solution.
- +2 more outcomes
Companies that use Opentech
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Opentech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability6 records
Feature8 records
Opentech partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, strategic and minor.
- Cornèr BankcoreCornèr Bank co-founded PayInit AG with Viseca, with Opentech's OpenPay Send serving as the core technology platform. PayInit AG is designed as an open infrastructure for the Swiss market enabling global P2P money transfers from payment cards to cards, wallets, and bank accounts using Mastercard and Visa networks. The commercial launch is planned for end of 2026.
- Viseca Payment ServicescoreViseca and Opentech entered a strategic partnership in September 2025 to develop an open and interoperable platform for the Swiss market, with cross-border P2P money transfers at its core. Viseca brings its position as a well-established player in Swiss card payments, while Opentech provides its OpenPay Send technology platform. The initiative allows Swiss banks to offer customers a direct and user-friendly solution for international payments via payment cards.
- European Central Bank (ECB)strategicOpentech's application to the ECB's Digital Euro Innovation Platform was accepted. As a Pioneer, Opentech contributes to developing the digital euro by testing conditional payments and integrating ECB-provided interfaces into its platform. This participation reflects Opentech's long-standing commitment to building open, interoperable solutions.
- Amazon Web Services (AWS)coreAutomatID™ is available for purchase on AWS Marketplace, enabling developers and companies to license and deploy NFC-based identity verification into iOS and Android apps. AWS serves as the distribution and hosting platform for this product.
- MastercardcoreOpentech was one of the first 16 technology players globally selected by Mastercard to support the launch of the Mastercard Send Program. The multi-year partnership integrates Mastercard Send, Mastercard Cross-Border, and Mastercard MDES APIs into Opentech's OpenPay platform, enabling access to over 3 billion bank accounts in approximately 100 countries.
- InfoCertminorOpentech and InfoCert jointly completed the FICES project (First Italian Cross-border eIDAS Services), a European Commission CEF-funded pilot that used eIDAS authentication to allow European citizens to access payment, ticketing, and insurance services through a secure digital onboarding process.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Opentech competitors and assessment
Company assessmentDirect peers
- Entersekt: South Africa-based provider of 3-D Secure authentication, strong customer authentication, and mobile banking security software to banks and card issuers. Directly comparable to Opentech's OpenPay ACS and OpenPay SCA offerings for the same issuer customer base.
- Netcetera: Swiss-headquartered software company delivering 3DS, digital payments, and identity solutions to banks and payment schemes. Highly comparable to Opentech given its European focus, bank-customer base, and overlap in 3DS, tokenization, and mobile wallet infrastructure.
- TagPay: French mobile banking and digital wallet platform provider serving banks and financial institutions. Direct comparable to OpenPay Wallet and the white-label mobile banking offerings Opentech delivers to BNL, Hello Bank!, and CheBanca!.
- BPC Banking Technologies: Provider of digital banking, payment processing, and SaaS solutions to banks in emerging markets and Europe. Comparable business model of modular banking software delivered to financial institutions, with overlap in card management and digital wallets.
Broad incumbents
- Thales (Digital Identity & Security): Global security and digital identity provider serving banks with EMV card issuance, payment authentication, mobile tokenization, and identity verification. Much larger and broader portfolio, but directly overlapping with OpenPay ACS, Token Manager, and AutomatID.
- IDEMIA: Global leader in identity and payment solutions, offering card issuance, payment authentication (3DS), digital identity, and mobile wallet services to banks. Comparable to Opentech's issuer processing and identity verification stack but at significantly greater scale.
- Giesecke+Devrient (G+D): German-headquartered provider of secure payment, card issuance, mobile authentication, and digital identity solutions to banks and payment schemes. Overlaps with OpenPay Token Manager, OpenPay Wallet, and the AutomatID identity verification capabilities.
- Worldline: Major European payment services provider offering merchant acquiring, payment processing, and digital banking services. Competes at a broader portfolio level with Opentech's payment infrastructure offering to European banks.
- Nexi Group: Italian-headquartered European PayTech providing payment acceptance, card issuing, and digital banking infrastructure to banks and merchants. Overlaps with OpenPay's issuer processing, tokenization, and authentication offerings, particularly in Italy and the broader European market.
Regional players
- SIA: Italian payment services and infrastructure provider serving Italian and European banks with card processing, payment platform, and digital services. Operates in the same Italian banking market as Opentech, with overlapping bank customers in Italy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Opentech social profiles
Digital presenceOpentech compliance and trust
Trust signalCompliance2 records
Opentech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opentech leadership team
Management profileNumber of profiles
Profiles5 records
Opentech subsidiaries and ownership
Company hierarchySubsidiaries1 record
Opentech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opentech M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Opentech
What does Opentech do?
Opentech provides a PCI DSS Level 1 certified digital payment infrastructure platform, branded OpenPay™, that enables banks and card issuers to deliver mobile wallets, 3DS authentication, card tokenization, strong customer authentication, and cross-border money transfers via APIs, plug-ins, or SaaS. The company also offers AutomatID™, an NFC-based full-digital identity verification service, and Opentech Secure Concierge, an LLM-powered AI assistant for bank consumers, sold as managed services or marketplace licenses.
Is Opentech a public or private company?
Opentech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Opentech founded?
Opentech was founded in 2010. It employs 11 to 50 people.
Where is Opentech based?
Opentech is headquartered in Rome, Italy, in the Europe region.
How does Opentech make money?
Three revenue lines are on record. SaaS / Platform Licensing is the primary driver. The others are API and Plugin Licensing and AWS Marketplace Licensing.
Who are Opentech's main competitors?
Direct peers on record are Entersekt, Netcetera, TagPay and BPC Banking Technologies. Broad incumbents are Thales (Digital Identity & Security), IDEMIA, Giesecke+Devrient (G+D), Worldline and Nexi Group. SIA is listed as a regional player.
Does Opentech have an API?
Yes. OpenPay™ Send is available as a standalone product, Plug-in or API, adapting to any business strategy with customizable corridors, pricing, and full suite of tools like a built-in Analytics Dashboard and Admin Portal for real-time control. AutomatID™ is available as an easy-to-integrate plug-in for iOS and Android apps requiring minimal development effort. Both products offer API-based integration options.
What industry is Opentech in?
Opentech's product category is Digital Payment Infrastructure. Its primary akta.pro industry code is FSAGABAD, Card Issuing Platforms (Issuer Processing), with a secondary code of FSAGABAF, Tokenization, Network Vaults & Credential Management. Its NAICS code is 541511 and its SIC code is 7372.