Lissi GmbH, a European provider of EUDI Wallet
connectivity and verifiable credential technology, has closed a €3.5 million
funding round to accelerate the development and deployment of digital identity
solutions across Europe. The round was led by Ventech, with participation from
BM H Beteiligungs-Managementgesellschaft Hessen and existing investors, main
incubator (Commerzbank Group) and Ninepointfive Ventures.
Founded in 2019, Lissi develops software that
enables organizations to integrate EUDI Wallets and verifiable credentials into
their digital services. The company works primarily with financial institutions
and supports the implementation of interoperable, eIDAS-compliant digital
identity solutions.
The funding comes as demand for trusted,
interoperable and eIDAS-compliant digital identity solutions continues to grow,
driven in part by the upcoming application of the EU Anti-Money Laundering
Regulation (AMLR) in July 2027. Today, around 90 per cent of Lissi’s customer
base comes from the financial sector, including banks, insurance companies,
payment service providers and trust service providers, with organizations such
as itsme and Commerzbank among its customers.
Lissi’s EUDI Wallet Connector Suite is
designed to enable seamless interoperability between public and private EUDI
Wallets across the European Union, supporting implementations in both the
public and private sectors.
Financial institutions need solutions
that integrate seamlessly into existing IT environments while allowing them to
retain full control over customer data.
Our platform has been built to meet
these requirements: it is eIDAS-compliant, flexible to deploy and aligned with
the security and compliance standards of the financial sector. The trust placed
in us by leading banks and financial service providers demonstrates the market
demand for this approach,
said Helge Michael, CEO and Co-Founder of
Lissi.
The funding also reflects Lissi’s focus on
strengthening a sovereign European digital identity ecosystem. With investors
from Germany, France and Belgium, and a partner network spanning the European
Union, the company positions itself as an independent, pan-European technology
provider supporting the implementation of interoperable digital identity
infrastructure.
Building on this foundation, the investment
will support the further development of Lissi’s platform and product portfolio,
helping financial institutions address evolving regulatory requirements while
enabling new Open Finance use cases through identity wallets.