What Selfkey does

SelfKey is a blockchain-based digital identity company founded in 2017 and headquartered in Ebène, Mauritius. It operates a self-sovereign identity (SSI) platform that enables users to control their own digital identity credentials through cryptographic, blockchain-backed verification rather than relying on centralized identity authorities. The platform is positioned around an integrated identity wallet for secure storage and selective disclosure of identity documents, alongside a financial services marketplace layer.

The company's primary target segments are Financial Services and BFSI institutions seeking KYC/AML-compliant identity verification, with secondary use cases in Healthcare for patient identity and privacy management, and a consumer-facing track for general users seeking self-sovereign credential control. Its native KEY cryptocurrency token is distributed through major global exchanges including Binance, Bitget, and Kraken, providing token-based access to the ecosystem. SelfKey is identified in industry market reports as one of the key players in the broader Digital Identity Solutions market alongside Civic Key Pass and Dock.io.

The revenue model is not publicly disclosed and no pricing, ARR, or customer logos are available in the provided sources. The company is privately held with a stated headcount of 11–50 employees, has not raised disclosed institutional capital beyond a 2017 seed round with AlphaCoin Fund, and does not list a management team, patents, certifications, or named partnerships in the source material. Its competitive positioning is moderate — independent comparisons within SSI solutions have ranked alternatives like Sovrin higher on decentralization and privacy dimensions.

Name

Selfkey

Website

https://selfkey.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

SelfKey is a blockchain-based self-sovereign identity platform founded in 2017, offering an identity wallet and integrated financial services marketplace for KYC/AML-compliant credential management, serving Financial Services, Healthcare, and consumer users via its KEY token.

Ownership category

akta.pro rank

Product category

Digital Identity Solutions

NAICS

Trusts, Estates, and Agency Accounts (525920)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG)

akta.pro secondary industries

Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Self-Custody Wallets (EOA, seed phrase, HD wallets) (FSAPACAA), Self-Custody Wallets (Consumer & Institutional) (FSADACAE), Smart Contract Wallets & Account Abstraction (FSADACAF)

Keywords

• Blockchain identity
• Self-sovereign identity
• Digital identity wallet
• KYC verification
• Identity marketplace

Headquarters

HQ city

Ebène

HQ country

Mauritius

HQ region

Africa

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Distribution channels1 record

Marketing channels1 record

Core offering

SelfKey operates a blockchain-based self-sovereign identity platform that lets users store, control, and selectively share verified digital identity credentials through an identity wallet. It pairs this with the KEY utility token and an integrated financial services marketplace where users can complete KYC/AML verification and access identity-related services from participating providers.

Product overview

SelfKey is a blockchain-based digital identity platform offering self-sovereign identity (SSI) solutions. The company provides a cryptocurrency token (KEY) and identity management services for digital identity verification and KYC/AML compliance purposes. The sources do not provide detailed product architecture, module breakdown, or specific named product offerings beyond general references to SelfKey as a decentralized identity solution.

Differentiator

Problem solved

Functional benefit

Products and services

• SelfKey Identity Wallet

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Civic: Direct blockchain-based digital identity peer cited alongside SelfKey in Digital Identity Solutions market reports. Both target KYC/AML and reusable verifiable credentials for consumers and enterprises using an identity-wallet model.
• Dock.io: Direct peer named alongside SelfKey and Civic as a key player in Digital Identity Solutions. Dock offers blockchain-based verifiable credentials and identity wallets targeting similar enterprise and consumer use cases.
• Sovrin Foundation: Open-source self-sovereign identity network specifically evaluated against SelfKey (alongside uPort, Civic, ShoCard, Blockstack, Evernym, EverID) and ranked higher on decentralization and privacy protection, making it the closest technical reference point.
• uPort: Ethereum-based self-sovereign identity and identity wallet explicitly benchmarked against SelfKey in SSI evaluations. Both platforms compete in decentralized identity, verifiable credentials, and wallet-based KYC.
• Evernym: Sovrin-anchored SSI platform explicitly evaluated alongside SelfKey. Evernym focuses on verifiable credentials and decentralized identity for enterprise KYC, directly overlapping SelfKey's regulated-vertical positioning.
• ShoCard: Blockchain identity and authentication platform benchmarked alongside SelfKey in SSI evaluations. Offers identity verification and credential sharing for enterprises with a similar wallet-centric UX.

Emerging players

• Blockstack (Stacks / Hiro): Explicitly evaluated alongside SelfKey as a blockchain identity stack. Now operating as Stacks/Hiro, it overlaps on decentralized identity and user-owned credentials, but its center of gravity is a broader Web3 developer platform.
• 1Kosmos: Decentralized identity and verifiable credentials provider competing for the same enterprise KYC/AML wallet use cases SelfKey targets, with a stronger focus on workforce and citizen ID deployments.
• Bloom: Blockchain-based identity and credit-score protocol with overlapping SSI and verifiable-credential functionality for consumers, positioned similarly to SelfKey in the crypto-native identity segment.

Broad incumbents

• ID.me: Larger, established digital identity platform providing identity verification and wallet-style credential reuse for government, healthcare, and financial services - the same verticals SelfKey targets, but at much greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/SelfKeyNetwork

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

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 Selfkey