BankID - About the company
BankID is a funded company based in Oslo (Norway), founded in 2014. It operates as a Digital credentials for identification.. BankID has raised an undisclosed amount in funding. The company has 2211 active competitors, including 432 funded and 311 that have exited. Its top competitors include companies like Symphony, ComplyAdvantage and IDnow.
Company Details
BankID is personalized and easy electronic credentials for secure identification. It can be used to sign documents and messages on-line. BankID allows business identify 3.5 million Norwegians digitally. That means you can conduct secure transactions, create and maintain safe customer relations and conclude and sign binding agreements. Other applications for it are online financing agreements, switching telecom operator, for buying smart cars etc. The company was formed on 19 June 2014 and owned by banks in Norway. The banking industry began development of BankID as a communal infrastructure in 2000.
- Website
- bankid.no
- Social
- Registered Address
- Dronning Eufemias gate 11 0150 OSLO
Key Metrics
Founded Year
2014
Location
Oslo, Norway
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
230th among 2211 active competitors
Employee Count
8 as on Jan 05, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with BankID
BankID is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BANKID BANKAXEPT AS CIN: 927611929 , Norway, Active | Jul 31, 2021 | - | 196 (As on Dec 31, 2022) | |
VIPPS AS CIN: 918713867 , Norway, Active | Feb 28, 2017 | - | 205 (As on Dec 31, 2019) |
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BankID's funding and investors
BankID has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Apr 01, 2023 for $*****. 1 investor participated in its latest round. BankID has 1 institutional investor.
Here is the list of recent funding rounds of BankID:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 01, 2023 | 3116281 | Grant (prize money) | 5172042 | 1562135 | 6558069 | 3482465 |
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BankID's founders and board of directors
Founder? Claim ProfileBankID's employee count trend
BankID has 8 employees as of Jan 26. Here is BankID's employee count trend over the years:
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BankID's Competitors and alternates
Top competitors of BankID include Symphony, ComplyAdvantage and IDnow. Here is the list of Top 10 competitors of BankID, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 76/100 | |
2nd |  ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 75/100 | |
3rd | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
4th |  Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 75/100 | |
5th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
6th |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 74/100 | |
7th | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 74/100 | |
8th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
9th | Platform offering E- Commerce analytics solutions | $28.2M | 73/100 | ||
10th |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
230th | Digital credentials for identification. | - | 49/100 |
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BankID's Investments and acquisitions
BankID has acquired Criipto. BankID has not made any investments as of now.Reports related to BankID
Here is the latest report on BankID's sector:
News related to BankID
Media has covered BankID for 1 event in last 1 year, It was about company updates.
•
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Norwegian BankID BankAxept Expands Internationally Through Acquisition of Danish eID broker CriiptoBusiness Wire•Sep 26, 2024•BankID, Criipto
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Nexi, extended the partnership with the Norwegian national system BankAxept until 2031Ilgiornaleditalia•Sep 12, 2023•Nexi, BankAxept, Nets, BankID
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BankID Expands Digital Identity Protection with OneSpan, Extending to Millions of CustomersBusiness Wire•Sep 07, 2022•OneSpan, BankID, BankID
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BankID and OneSpan Partner on Digital Banking SecurityPYMNTS.com•Sep 08, 2021•BankID, OneSpan, BankID
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Entersekt Adds BankID to Its Secure Platform to Support Digital Identity PrioritiesBusiness Wire•Aug 31, 2021•Entersekt, BankID, BankID
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Norwegian payment systems Vipps, BankAxept and BankID plan to mergeTelecompaper•Nov 20, 2017•Vipp, BankAxept, BankID
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