Spain's Gataca has raised fresh capital from new and existing investors, including Signature Ventures and Wolver Ventures. The funding will drive growth in digital identity verification, prioritising finance, iGaming and media.
Digital identity verification has moved from being a compliance matter to becoming a business-critical function in its own right. The rise of generative artificial intelligence has made forged documents, synthetic identities and deepfakes far harder to detect using traditional methods, and regulators worldwide are now tightening verification requirements. At the same time, an increasing number of companies and governments are building solutions around digital identity wallets — where users store identity documents on their phone, issued once by a trusted source, in much the same way as payment cards in Apple or Google Wallet. More than twenty countries are now building national digital identity strategies around this model.
Gataca says both new investors and existing owners have increased their exposure to the company. Among the new investors is Wolver Ventures, while Signature Ventures — the company's lead investor — is among those that have further increased their stake.
The company has not disclosed the size of the funding round.
Gataca points to identity fraud as a key driver of growth in the market. The company highlights iGaming as a sector where the pressure is particularly evident: at the industry event Bet On Ceuta in Spain, identity fraud was a recurring theme, with a reported 12 percent increase in identity theft cases compared with the previous year. A regulator quoted by the company stated that a photo and a selfie are no longer enough as a verification method.
Gataca also points to the spread of age verification laws across Europe, the US and Australia, adding further pressure on companies to adopt more secure identity solutions.
Several regulatory deadlines are helping to drive investment in digital identity infrastructure, according to Gataca. The company cites the EU's eIDAS 2.0 regulation, which becomes mandatory by the end of 2027, as one of several examples of how regulatory pressure is hitting different industries at the same time.
Gataca says the capital will go toward two main priorities: growth in the finance, iGaming and media markets, and further development of the company's technology platform, including what it calls an intelligence layer for fraud detection and broader interoperability between different identity wallets.
The company says it processed more than 750,000 transactions through digital identity wallets in 2025, and has been involved in rollouts in eight countries as well as advisory work with, among others, the European Commission.
Sources: Gataca (press release)
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