FiBAN Case Hearing: Authbound (Online)
Authbound is building the relying-party layer for the EU Digital Identity Wallet: the infrastructure businesses need to accept government-issued digital credentials. Governments issue the IDs from 2026; from 2027, organisations in 11 regulated sectors must accept them under eIDAS 2.0 or face penalties. That is a mandated market of 450 million people inside an IAM market heading for €53.7B by 2032, and most companies have no path to compliance.
- Full stack already built and deployed: published mobile wallet app, SDKs and developer docs, verifiable credential system, customer dashboard, cloud infrastructure
- Letter of intent secured with one of Finland's fastest-growing tech scale-ups
- Verification priced at €0.03-0.07 versus €1–70+ for traditional KYC, a 95–99% cost reduction
- Partnered with iGrant.io, joining Findynet in 2027 via a government immigration demo, and selected for Mastercard Lighthouse FINITIV Fall 2026
- #6 trending startup in Finland on the August Startup100 list
Raising €0.5M at a €2,5M pre-money valuation.
Join us online to hear from the founder, lead investors ask your questions and get the answers. No strings attached. If you find your next investment case here, great! If not, on to the next one!
Agenda:
- Intro by founders (5-10min)
- Latest progress from company (5-10min)
- Lead/committed investor comments (3min)
- Q&A (20-30min)
This is a FiBAN investor event, outside participants allowed with strong referrals.