Identity verification unicorn Veriff buys Vespia
The deal marks Veriff's expansion towards a broader, single-vendor trust platform
TALLINN - Veriff said it has acquired Estonian Know-Your-Business (KYB) technology startup Vespia — co-founded by Veriff’s employee No 2, Julia Ront — for an undisclosed sum.
”This acquisition strengthens Veriff’s KYB capabilities and marks a strategic step in expanding beyond identity verification toward a broader, single-vendor trust platform,” Veriff said.
In 2021, Ront co-founded Vespia with Anton Vedešin. As CEO, she led the development of the KYB solution that helps companies verify businesses globally, enabling real-time verification across more than 300 jurisdictions.
“KYB has historically been slow, manual, and painful,” Kaarel Kotkas, founder and CEO of Veriff, said in a statement.
“We don’t want to fix it incrementally; we want to fundamentally rethink it. Do it 10 times better than it has been done before – real-time, end-to-end KYB from a single platform built to the same standard our customers expect from Veriff. That’s how KYB will work going forward.”
As part of the acquisition, the Vespia team will join Veriff, and the technology will be integrated, making KYB commercially available across Veriff’s platform by mid-2026.
We proved that business verification can be fast and global. Being part of Veriff, we can now scale that work within a larger, unified trust platform.
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