What Crosshub does

Crosshub is a South Korea-headquartered blockchain fintech founded in 2024 that builds decentralized identity (DID) infrastructure combined with cross-border payment connectivity. Its product suite comprises IDBlock (passport-based identity verification using MRZ, OCR, and AI document authenticity analysis built on Self-Sovereign Identity and Zero-Knowledge Proof), B·Pay (a global e-wallet that links home-country payment methods to destination-country transactions), V·Pay (voice and facial biometric authentication at 98.5% analysis precision, integrated with payment authorization), and Travel-K (a prepaid travel card enabling pre-arrival application and airport pickup for foreign visitors). The underlying 4th Generation Hybrid DID architecture is designed to function across both Web2 and Web3 environments, with the platform's stated purpose being the unification of fragmented identity verification and payment flows that cause onboarding drop-off and payment failure for international users.

The company operates a B2B enterprise model targeting banks, payment networks, airports, duty-free retailers, and government institutions, with revenue expected to derive from subscription-based identity verification services, transaction fees on B·Pay and Travel-K, and licensing/royalties for V·Pay enterprise deployment. Disclosed partnerships include Woori Bank (digital wallet for foreign tourists, H2 2026 targeted launch with foreign-currency stablecoin settlement pilot), Cyberette Inc. (500K EUR Dutch government security contract), Ulsan Port Authority (port access pilot), and three Vietnam universities (digital campus ID MOUs), alongside exploratory engagements with Visa, Mastercard, Changi Airport Group, Lotte Duty Free, and DFS Group. The company is venture-certified, ISO/IEC 27001 and 27701 certified, selected for the Deep-Tech TIPS program, and won the CES 2026 Best of Innovation Award in Fintech.

Capital structure includes roughly $2.45M in disclosed funding across the Korea Credit Guarantee Fund, a 560K USD seed round from four domestic VCs (KRYPTON, MYSC, Y&Archer, Zeta Plan Investment), and up to 1.2M USD from the Deep-Tech TIPS program, with 11-50 employees and a 20+ office footprint spanning Korea, Japan, Singapore, Vietnam, the US, France, and Mongolia. Official commercial service launch is planned for H1 2026.

Name

Crosshub

Legal name

Crosshub Inc.

Website

https://crosshub.ai

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Crosshub is a South Korea-headquartered blockchain fintech that builds decentralized identity verification (IDBlock) and cross-border payment infrastructure (B·Pay, V·Pay, Travel-K) for banks, payment networks, airports, governments, and international travelers.

Ownership category

akta.pro rank

Product category

Digital Identity and Cross-Border Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL)

akta.pro secondary industries

Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Cross-Chain Identity & Naming (multi-chain DID, ENS cross-chain resolution) (FSAPAKAH), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)

Keywords

• Digital identity verification
• Cross-border payments
• Decentralized identity
• Biometric authentication
• Blockchain fintech

Headquarters

HQ city

Jeonju

HQ country

South Korea

HQ region

Asia

Offices19 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Identity Verification Services: Revenue generated from providing IDBlock identity verification services to enterprises, financial institutions, and government bodies. Services include passport verification, e-KYC, and reusable identity verification across multiple platforms.
2. Cross-Border Payment Processing: Revenue from B·Pay global e-wallet and payment processing services enabling verified users to make cross-border payments. Transaction fees and payment network integration fees.
3. Voice AI Authentication: Revenue from V·Pay voice and facial biometric authentication infrastructure. Includes dual-modal biometric authentication services and advertising integration (A·Pay) for revenue extension.
4. Travel Card Services: Revenue from Travel-K prepaid card services for foreign visitors, including card issuance fees and transaction processing.
5. Enterprise Solutions Licensing: B2B licensing of V·Pay identity-based payment solution to financial institutions, airports, duty-free retailers, and payment networks for deployment in mobility-driven consumption environments.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Crosshub provides blockchain-based digital identity verification and cross-border payment infrastructure for enterprises. Its core products include IDBlock (passport-based decentralized identity verification using SSI and ZKP), B·Pay (cross-border payment e-wallet), Voice AI / V·Pay (voice and facial biometric authentication), and Travel-K (prepaid travel card for foreign visitors). The platform unifies onboarding, identity verification, payment processing, and biometric authentication into a single flow for banks, payment networks, airports, and government institutions.

Differentiator

Problem solved

Functional benefit

Brands

• IDBlock: Blockchain-based decentralized identity verification system using Self-Sovereign Identity (SSI) and Zero-Knowledge Proof (ZKP) technologies for global identity verification.
• B·Pay
• V·Pay
• Travel-K
• Voice AI
• Financial Passport

Products and services

• IDBlock
• B·Pay

Quantifiable outcome

• Over 500 billion won in transactions processed across five countries
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature7 records

Partnerships

13 partnerships are on record, tiered core, minor, strategic and potential.

• Woori BankcoreStrategic or Co-development Partner · 10 June 2026Woori Bank partnered with Crosshub to develop a digital wallet for foreign visitors in South Korea, targeted for the second half of 2026. The service allows users to register passport details and payment methods once to pay across major platforms for transport, delivery, and shopping. The project includes a pilot to test foreign-currency stablecoin settlement in a domestic payments environment, marking a major trial of blockchain-based settlement by a traditional bank in a live consumer context.
• DINNOlab StartupsminorGTM or Marketing Partner · 10 June 2026Woori Bank plans to expand collaborations with additional DINNOlab startups beyond the Crosshub partnership for the digital wallet initiative.
• B.AIstrategicTechnology or Integration · 28 April 2026B.AI announced a landmark collaboration with CROSS (a full-stack Web3 gaming infrastructure developed by NEXUS) to explore how AI agents can manage and execute transactions within Web3 gaming economies. The integration aims to enable autonomous economic actions, trading of virtual items, and on-chain asset management including NFTs and tokens.
• Changi Airport GrouppotentialStrategic or Co-development Partner · 7 April 2026Crosshub is exploring partnership with Changi Airport Group to deploy V·Pay identity-based payment solution in mobility-driven consumption environments at the airport.
• Lotte Duty FreepotentialStrategic or Co-development Partner · 7 April 2026Crosshub is exploring partnership with Lotte Duty Free to deploy V·Pay identity-based payment solution in duty-free retail environments.
• DFS GrouppotentialStrategic or Co-development Partner · 7 April 2026Crosshub is exploring partnership with DFS Group to deploy V·Pay identity-based payment solution in duty-free retail environments.
• VisapotentialChannel Partner/ Reseller/ Distributor · 7 April 2026Crosshub is exploring partnership with Visa to deploy V·Pay identity-based payment solution through the Visa payment network in mobility-driven consumption environments.
• MastercardpotentialChannel Partner/ Reseller/ Distributor · 7 April 2026Crosshub is exploring partnership with Mastercard to deploy V·Pay identity-based payment solution through the Mastercard payment network in mobility-driven consumption environments.
• Cyberette Inc.strategicStrategic or Co-development Partner · 26 March 2026CrossHub signed a solution supply and NDA agreement with European security company Cyberette Inc. at RSA Conference 2026 in San Francisco. CrossHub will supply security solutions to the Dutch government with an initial supply scale estimated at 500,000 euros (approximately 860 million won). The contract was facilitated by KOTRA and KISIA.
• Vietnam National University (Hanoi)strategicStrategic or Co-development PartnerMOU for digital student ID adoption with Vietnam National University, Hanoi. Campus digital ID infrastructure connecting identity verification, access, administration, and payments.
• Vietnam National University (Ho Chi Minh City)strategicStrategic or Co-development PartnerMOU for digital student ID adoption with Vietnam National University, Ho Chi Minh City. Campus digital ID infrastructure connecting identity verification, access, administration, and payments.
• University of Danang – University of Science and Education (UED)strategicStrategic or Co-development PartnerMOU for digital student ID adoption with the University of Danang – University of Science and Education (UED). Campus digital ID infrastructure connecting identity verification, access, administration, and payments.
• Ulsan Port AuthoritystrategicStrategic or Co-development PartnerPublic infrastructure pilot that replaces manual port entry procedures with pre-verified digital identities for international seafarers, significantly reducing security risks and on-site processing time.

Scale indicators8 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• Ping Identity: Ping Identity provides enterprise identity and access management including verification, SSO, and fraud detection, with strong presence in financial services and government. Comparable as a verifiable-credentials and identity infrastructure provider targeting banking and public-sector buyers.
• iDenfy: iDenfy provides AI-powered identity verification, biometric authentication, and AML compliance for fintechs and banks. Comparable as a multi-vertical identity-verification vendor (KYC, liveness, fraud detection) competing for the same passport-based eKYC use cases.
• Jumio: Jumio offers identity verification, eKYC, and AML compliance solutions using passport OCR, biometric matching, and liveness detection. It is the largest incumbent in the same addressable market as IDBlock, with overlapping banking, fintech, and government customers.
• Veriff: Veriff provides AI-powered identity verification with passport MRZ/OCR, document liveness, and re-verification APIs serving fintechs, crypto platforms, and marketplaces. Closely comparable in product surface (passport-based identity proofing) and target vertical (cross-border digital services).
• Persona: Persona is a unified identity platform offering configurable KYC, KYB, document verification, and re-verification flows for global enterprises. Direct competitor to IDBlock in the flexible, API-first identity-verification category.
• Onfido: Onfido provides AI-based digital identity verification (document + biometric + KYC) to enterprises and financial institutions globally. Directly comparable as a passport-based eKYC vendor competing for the same enterprise buyers that Crosshub targets with IDBlock.

Broad incumbents

• IDEMIA: IDEMIA is a global leader in biometric identity, secure credentials, and border-management solutions serving governments and financial institutions. Comparable as a large-scale identity-verification and biometric-authentication provider, especially relevant to Crosshub's Dutch government contract and port-authority pilots.
• Wise: Wise (formerly TransferWise) is a leading cross-border money movement platform serving individuals and businesses. Relevant as a broad incumbent in the cross-border payments/foreign-currency settlement space that B·Pay and the Woori Bank stablecoin pilot aim to address.

Regional players

• Toss: Toss is a Korean super-app combining identity verification, payments, remittance, and banking in a single platform. Comparable as a regional fintech that integrates KYC and payments and that Crosshub must coexist with – or partner with – in the Korean market.

Emerging players

• Civic: Civic offers blockchain-based decentralized identity verification and reusable KYC using on-chain attestations. Directly comparable in the Web3/Self-Sovereign Identity positioning of Crosshub's IDBlock + 4th Gen Hybrid DID architecture.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors7 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 Crosshub