← State of Embedded Finance 2026

Wultra

Can a post-quantum authentication and digital identity infrastructure vendor become the de-facto security layer for European financial institutions navigating PSD3, eIDAS 2.0, and SCA mandates?

Founded2014
HQPrague, Czech Republic
Total raised$4.2M
IndustryInfrastructure / Identity
The story

Founded in 2014 as an authentication security company serving banks and fintech firms, Wultra has steadily evolved from offering mobile-first authentication and strong customer authentication (SCA) tools toward a broader post-quantum digital identity platform. The company has expanded into biometric identity verification, in-app protection, and digital identity wallet infrastructure — positioning itself as a compliance-first security vendor for financial institutions navigating PSD3/PSR1, eIDAS 2.0, and emerging quantum threats. With customers in over 25 countries, Wultra remains squarely B2B infrastructure, selling to banks rather than operating consumer financial services itself.

Last 12 months
2024-09
2024
Product timeline
2014
Wultra s.r.o. founded in Prague, focused on authentication solutions for banks and fintech companies.· pivot
2020
Expanded product portfolio to include in-app protection, mobile-first authentication, and advanced facial biometrics.· banking
2024
Launched Digital ID Wallet Gateway to support eIDAS 2.0 and PSD3/PSR1 compliance across the EU.· banking
2024
Announced partnership with iProov to bring biometric technology to Czech banks.· banking
The stack
Accounting gap: none