Lissi Raises €3.5M to Build Europe's EUDI Wallet Infrastructure

Berlin-based Lissi GmbH has closed a €3.5M round led by Ventech to expand its EUDI Wallet connectivity platform across Europe. With 90% of its customer base in financial services, the startup is positioning itself as a key enabler of eIDAS-compliant digital identity infrastructure ahead of the EU's 2027 AML regulation deadline.

Lissi GmbH has closed a €3.5 million funding round to accelerate deployment of its digital identity infrastructure across Europe. The round was led by Ventech, with participation from BMH Beteiligungs-Managementgesellschaft Hessen, main incubator (Commerzbank Group), and Ninepointfive Ventures.

What Lissi Does

Founded in 2019, Lissi develops software that enables organizations to integrate EUDI Wallets and verifiable credentials into their digital services. Its flagship product, the EUDI Wallet Connector Suite, is designed to enable seamless interoperability between public and private EUDI Wallets across the EU.

The platform is built to be eIDAS-compliant, flexible to deploy, and aligned with financial sector security and compliance standards — a critical requirement for its core customer base.

A Financial Sector Focus

Approximately 90% of Lissi's customers come from the financial sector, including:

Banks and insurance companies
Payment service providers
Trust service providers

Notable clients include itsme and Commerzbank. Demand is being driven partly by the upcoming EU Anti-Money Laundering Regulation (AMLR), which takes effect in July 2027.

"Financial institutions need solutions that integrate seamlessly into existing IT environments while allowing them to retain full control over customer data. The trust placed in us by leading banks and financial service providers demonstrates the market demand for this approach." — Helge Michael, CEO and Co-Founder, Lissi

Pan-European Ambitions

The funding also underscores Lissi's positioning as an independent, pan-European technology provider. Its investor base spans Germany, France, and Belgium, and its partner network covers the broader EU.

The fresh capital will fund:

Further development of Lissi's platform and product portfolio
Support for financial institutions navigating evolving regulatory requirements
New Open Finance use cases enabled through identity wallets

As European governments and enterprises race to meet EUDI Wallet rollout timelines, Lissi is betting that interoperability and regulatory alignment — not just technology — will be the defining competitive edge.