Fourthline and Veridas merge to create European digital identity powerhouse backed by €65 million funding round
Fourthline, a Dutch identity‑verification and compliance startup founded in 2017, is merging with Spanish‑origin digital‑ID provider Veridas. The deal is supported by a €40 million growth investment from Ashgrove and a total funding package of up to €65 million that also involves existing shareholder Finch Capital and new investor Seaya Andromeda. The combined entity will offer an AI‑driven trust platform for banks, fintechs, telecoms and other Tier‑1 customers across Europe, the Americas and Latin America, aiming to complete 115 million verifications in 2026.