nextAuth

Name

nextAuth

Legal name

Belgian Mobile ID NV

Website

https://nextauth.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Identity and Access Management

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE)

akta.pro secondary industries

Multi-Factor Authentication (MFA) & Passwordless Authentication (HDAEAJAC), Access Management (SSO, MFA, Passwordless) (HDADAAAA), Federation & Identity Standards (SAML/OIDC/OAuth, Federation Hubs) (HDADAAAG), Identity, Access & Account Services (SSO, MFA, Provisioning, Password Reset) (EDALAMAD), Identity & Access Management (SSO/MFA) for Education (EDAFALAI)

Keywords

• Mobile authentication
• Passwordless MFA
• Multi-factor authentication
• EIDAS e-signatures
• Mobile SDK security

Headquarters

HQ city

Leuven

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Mobile SDK Licensing: nextAuth licenses its Mobile SDK (for iOS and Android) to enterprise customers who embed it into their applications. The SDK enables passwordless MFA, e-signatures, and secured communication. Revenue likely generated through per-seat or per-authentication licensing fees, given the enterprise focus and large customer deployments (e.g., 200,000 users at KU Leuven).
2. Server Component Deployment: Enterprise customers deploy the nextAuth server component either on-premise or in their cloud environment. This on-premise deployment model suggests licensing fees based on server deployments or enterprise agreements.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

nextAuth provides a mobile passwordless multi-factor authentication (MFA) and e-signature platform. Enterprises embed nextAuth's Mobile SDK into their iOS/Android applications and deploy the server component on-premise or in their own cloud to enable biometric (Face ID, fingerprint) login, transaction signing, legally binding e-signatures, and secure app-backend communication.

Product overview

nextAuth is a mobile user authentication platform consisting of four core products: Mobile Passwordless Authentication (MFA solution using biometrics and PIN), e-Signatures (eIDAS-compliant document signing), Secured Communication (encrypted push notifications and secure messaging), and Mobile SDK (Android/iOS SDK for developers). The platform is powered by patented True MFA™ technology using zero-knowledge protocols and public key cryptography. In October 2023, nextAuth was acquired by itsme, becoming part of the trusted European identity platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Mobile Passwordless Authentication Multi-factor authentication solution that lets end users log into mobile and web applications with a biometric scan on their mobile phone (Face ID/fingerprint) and a PIN as fallback. Built on nextAuth's patented True MFA™ zero-knowledge protocol and intended for enterprise customers and their end users.
• e-Signatures Electronic signature solution for documents and transactions providing court-admissible signatures under eIDAS requirements via public-key cryptography, including transaction signing and non-repudiation guarantees. Targeted at enterprises in regulated industries such as financial services.
• Secured Communication Solution that adds an encryption layer to push notifications and enables secure, end-to-end encrypted messaging between the mobile app and the customer's backend server over a separate secure channel. Designed for enterprises that need to secure regular customer-facing channels.
• Mobile SDK Software development kit for Android (Maven) and iOS (CocoaPods/Swift Package) that turns a user's phone into a secure login device, supporting QR login, push login, app-to-app login, in-app login, transaction signing, and secured communication channels. Private keys never leave the device.

Quantifiable outcome

• Eliminates need for SMS, hardware tokens, HSMs, and card readers - significantly reducing authentication infrastructure costs
• +3 more outcomes

Named customers8 records

Segments7 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

Feature5 records

Partnerships

One partnership is on record.

• itsmecoreStrategic or Co-development Partner · 1 October 2023In October 2023, Belgium-based digital identity provider itsme acquired nextAuth, also based in Leuven, Belgium. The acquisition integrated nextAuth's passwordless multi-factor authentication and mobile biometric technology into itsme's ecosystem. nextAuth now operates as part of itsme, the trusted European identity platform.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Auth0 (Okta): Auth0, now part of Okta, provides a developer-focused authentication and authorization platform supporting passwordless, MFA, SSO, and SAML/OIDC. It directly competes with nextAuth for enterprise customers seeking drop-in authentication APIs, though Auth0 is broader and cloud-native while nextAuth emphasizes on-device biometric zero-knowledge MFA and on-premise deployment.
• HYPR: HYPR provides passwordless MFA using mobile devices and biometrics with FIDO2-based architecture, similar in spirit to nextAuth's phone-as-authenticator thesis. It is one of the closest direct peers in the passwordless mobile MFA category, serving enterprise customers in financial services and other regulated industries.
• Transmit Security: Transmit Security offers passwordless authentication, biometric MFA, and identity orchestration for large enterprises and banks. Like nextAuth, it targets the same regulated enterprise buyers frustrated with passwords, though it competes on a broader identity-services platform rather than SDK-embedded mobile biometrics.
• Beyond Identity: Beyond Identity provides passwordless MFA built on X.509 device-bound credentials and device biometrics, with a strong focus on eliminating phishing and credential-based attacks. It overlaps with nextAuth's True MFA™ value proposition of using the phone's secure element plus cryptographic verification rather than shared secrets.
• Yubico: Yubico is a leader in hardware-bound authentication (YubiKey) and FIDO-based passwordless solutions, and has expanded into software-delivered passwordless via YubiEnterprise. It competes philosophically with nextAuth in eliminating passwords but does so via hardware or platform-bound credentials rather than SDK-embedded mobile biometrics.

Broad incumbents

• Okta: Okta is a leading cloud IAM platform offering SSO, MFA, lifecycle management, and passwordless across workforce and customer identity. It competes with nextAuth in enterprise MFA and is the dominant incumbent buyers compare against, but operates as a broad suite rather than a specialist in mobile biometric passwordless.
• Microsoft Entra ID (Azure AD): Microsoft Entra ID is the dominant enterprise identity platform bundled with Microsoft 365, offering SSO, MFA, Conditional Access, and passwordless via Windows Hello and Authenticator. It is the de facto incumbent nextAuth must displace or integrate with, especially in education and HR customers already on the Microsoft stack.
• Twilio (Twilio Verify / Authy): Twilio Verify provides MFA APIs (SMS, voice, push, TOTP) that enterprises often use as the first 'better-than-password' step. It is an incumbent in MFA infrastructure that nextAuth's passwordless biometric SDK can displace where customers are ready to move beyond one-time-password paradigms.
• Ping Identity: Ping Identity is an enterprise IAM suite covering SSO, MFA, and identity federation used heavily in financial services and government. It competes with nextAuth in regulated European verticals, particularly where customers already standardize on Ping for workforce and customer identity.

Regional players

• Signicat: Signicat is a leading European digital identity and e-signature platform headquartered in the Nordics, with strong overlap with itsme in the pan-European eID and eIDAS space. It is a regional peer given nextAuth's European focus and the itsme acquisition, and a likely distribution or competitive counterpart for trusted identity services across the EEA.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nextauth

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors2 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 nextAuth