Verimi key facts
Last updated- Legal entity
- Verimi GmbH
- Headquarters
- Germany (DE)
- Ownership
- Part of Consortium (Allianz, Deutsche Bank, Deutsche Telekom, et al.)
- Founded
- 2017
- Data hosting
- Germany
- Infrastructure
- Open Telekom Cloud (Deutsche Telekom)
- Deployment
- SaaS
- Open source
- No
- US Cloud Act exposure
- Low (no US parent)
- Certifications
- BSI Trust Level Substantial (eIDAS), eIDAS-certified for legal entities, BaFin regulated payment institution (ZAG)
- Replaces
- Okta, Auth0, Ping Identity, ID.me, DocuSign (Ident)
About Verimi
Verimi is a Berlin-based identity platform that provides a modular digital wallet for identification, login, payment, and signing. Founded by a consortium of major European companies including Allianz, Deutsche Bank, and Lufthansa, it serves as a sovereign alternative to US-based identity providers. The platform combines Know Your Customer (KYC) capabilities with Single Sign-On (SSO) to streamline digital onboarding and authentication across various sectors. Technically, Verimi is built on a high-security architecture that has been certified by the German Federal Office for Information Security (BSI) at the 'substantial' trust level under eIDAS regulations. It is a regulated payment institution supervised by BaFin, ensuring high standards of financial and data security. The service integrates Self-Sovereign Identity (SSI) standards, allowing for decentralized data management while maintaining compliance with strict European anti-money laundering (AML) and telecommunications laws.
Alternative to
Target Segments
Deployment Options
Hosting & Security
Open Telekom Cloud (Deutsche Telekom)
Key Features
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