Fourthline, Europe’s identity verification and compliance leader based in Amsterdam with clients including Revolut, N26, Bitpanda, and Qonto, has signed an agreement to merge with Veridas, the Pamplona-based digital identity specialist founded as a joint venture with BBVA that specializes in BIOMETRICS authentication and fraud prevention across Southern Europe, Latin America, and the U.S. Together the two companies are projected to complete 115 million identity verifications in 2026 across 50+ countries, with both profitable and EBITDA-positive, and the combined entity will offer a unified AI-powered platform spanning KYC, AML screening, biometric authentication, qualified electronic signatures, bank account verification, and anti-fraud services. The transaction is partly funded by existing Fourthline investor Finch Capital and new investor Rabo Investments, with BBVA retaining a stake, and is expected to close in H2 2026.
Fourthline to Merge with Veridas
