Nect
AI-powered identity verification and digital wallet solutions for regulated industries
Overview
Nect is a digital identity verification and compliance platform for regulated industries, with deep integrations across the German insurance and healthcare sectors. The company provides fully automated Know-Your-Customer (KYC) workflows that allow users to verify their identity in under three minutes using an ID document and a selfie video, without requiring call center involvement.
The platform covers the full identity lifecycle: document verification, liveness detection, qualified electronic signatures, digital wallet, and AML/KYC/KYB compliance. Products are delivered as embeddable SDKs and REST APIs, enabling carriers and regulated entities to embed identity verification directly into onboarding and service workflows. The platform is eIDAS-certified and holds BSI approval for liveness detection; as of late 2025, Nect is the first and only provider approved by gematik for remote identification within Germany's national healthcare telematics infrastructure.
Nect serves 130+ enterprise customers across Europe, including major German carriers such as HUK-Coburg, R+V, and Nurnberger Versicherung, as well as Germany's largest statutory health insurer, Techniker Krankenkasse. The company expanded its compliance offering through the June 2025 acquisition of Acadias, an AML platform, and secured EUR 2.5M in revenue-based financing from Round2 Capital Partners in March 2025.
Products & Services
Nect Ident
Automated identity verification using AI and deep learning. Users capture a video of their identity document and a short selfie video; the platform validates document authenticity (holograms, MRZ, fonts, layout) and performs liveness detection.
Key Features
- Supports 195+ identity documents from over 195 countries
- Sub-variants: Auto Video Ident, eID (NFC-based chip readout), ePass, and ReIdent (stored verified identity for reuse)
- Available 24/7 without manual review; completes in seconds
- BSI-tested liveness detection; eIDAS-certified
Target Users: Insurance carriers, health insurers, telecoms, and government services requiring regulated customer onboarding
Nect Wallet
Mobile identity hub (iOS and Android) integrating Nect Ident, Nect Sign, and EUDI Wallet functionality. Allows users to reuse a verified identity across multiple services without re-verification.
Key Features
- 14-16 million users across Europe
- Rated 4.9/5.0 on the App Store
- Supports German, English, Polish, and Spanish
- ReIdent enables frictionless future logins after initial verification
Target Users: End users of enterprise clients; supports enterprise white-label and embedded workflows
Nect Sign
Qualified Electronic Signature (QES) service for signing documents digitally via mobile. Leverages the verified identity established through Nect Ident.
Key Features
- eIDAS-compliant qualified signatures
- Integrated with Nect Wallet identity layer
- No separate onboarding required when paired with Nect Ident
Target Users: Insurance carriers, financial institutions, and enterprises requiring legally binding digital signatures
Nect Box
Secure digital customer communication and document delivery solution for enterprise clients, replacing paper-based correspondence.
Key Features
- Encrypted digital document delivery
- Replaces physical mailings for policy documents, correspondence, and notices
- Integrates with enterprise carrier back-office systems
Target Users: Insurance carriers and regulated entities seeking to digitize customer communication
KYC/KYB (via Acadias)
Know-Your-Customer and Know-Your-Business verification expanded via the June 2025 acquisition of Acadias. Provides automated AML compliance, sanctions screening, and PEP (Politically Exposed Persons) checks via API.
Key Features
- Automated AML/KYC/KYB compliance in a unified API
- Sanctions screening and PEP checks
- Consolidates previously fragmented compliance workflows
Target Users: Regulated entities including carriers, banks, and telecoms with AML compliance obligations
At a Glance
- Founded
- 2017
- Headquarters
- Hamburg, Germany
- Employees
- 51-200
- Funding
- Series B
Category & Focus
- Category
- Compliance & Regulatory
- Subcategories
- KYC/KYB Identity Verification AML Compliance e-Signature Digital Onboarding
- Insurance Verticals
- Life & Annuity P&C Personal P&C Commercial Health
- Target Customers
- Carriers, Brokers, MGAs/MGUs
Customers
- HUK-Coburg (German insurance carrier)
- R+V Insurance (German insurance group)
- Nurnberger Versicherung (German insurance carrier)
- WGV (regional German insurer)
- ADAC (German automobile club with insurance products)
- BARMER (German statutory health insurer)
- TK - Techniker Krankenkasse (Germany's largest statutory health insurer)
- HEK (health insurance company)
- Deutsche Telekom
- Elster (German federal tax authority)
Similar Companies
-
MMSO, Inc. (The Mutual Service Office, Inc.)By small to mid-size insurers, for small to mid-size insurers -- independent rate advisory and policy form services since 1944.
-
myCOIAI-powered certificate of insurance tracking and compliance platform for enterprises managing third-party risk -
Martin & CompanyThe industry leader in full-suite regulatory and compliance solutions for insurance carriers and MGAs. -
CCalqRiskOne Platform. Total Clarity.
-
INSCIPHERSurplus lines tax automation and compliance for brokers, agencies, and MGAs across all 50 U.S. states -
ILSA, a ReSourcePro CompanyNational provider of outsourced insurance licensing, compliance, and regulatory filing services for insurance professionals across all 50 U.S. states.
Last updated: 2026-06-04