Electronic Identification
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | 1.1m | 1.8m | 3.1m | 4.8m |
| % growth | - | 130451 % | 162 % | 42 % | 64 % | 73 % | 53 % |
| EBITDA | (<1m) | (<1m) | <1m | (<1m) | <1m | <1m | (1.9m) |
| % EBITDA margin | (9503 %) | (3 %) | 14 % | (31 %) | 7 % | 10 % | (40 %) |
| Profit | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) | <1m | (1.8m) |
| % profit margin | (10200 %) | (17 %) | (1 %) | (38 %) | (6 %) | - | (38 %) |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Grant | |
| N/A | N/A | Series A | |
| N/A | €2.0m | Series A | |
N/A | Acquisition | ||
| Total Funding | CAD3.0m | ||
Related Content
Recent News about Electronic Identification
EditElectronic Identification SL, headquartered in Madrid, Spain, is a pioneering company in the field of digital identity verification and onboarding solutions. The company specializes in providing Know Your Customer (KYC) and Anti-Money Laundering (AML) compliant services, which are essential for financial institutions and other regulated industries. Their core products include Video Identification, Advanced and Qualified Electronic Signatures, and Facial Biometric Authentication, all designed to offer a seamless and secure user experience.
Electronic Identification SL serves a diverse range of clients, including banks, financial institutions, and other organizations that require stringent identity verification processes. The company operates in a global market with a presence in over 15 countries, including major financial hubs like Berlin, Dubai, Hong Kong, Lisbon, Mexico City, Paris, and Tokyo.
The business model of Electronic Identification SL revolves around providing subscription-based services and customized solutions to its clients. By leveraging advanced technologies such as streaming video and biometric authentication, the company ensures that its clients can meet the highest international regulatory standards while offering a frictionless user experience.
Revenue is primarily generated through long-term contracts and subscription fees for their digital identity solutions. The company is recognized as a critical player in the RegTech (Regulatory Technology) sector, helping financial institutions navigate their digital transformation strategies.
Keywords: Digital Identity, KYC, AML, Video Identification, Electronic Signature, Biometric Authentication, RegTech, Financial Institutions, Compliance, Global Presence.