Fourthline and Veridas Complete Merger With Up to €65 Million in New Funding
The combined Amsterdam-based company will offer bank-grade digital identity verification and fraud prevention, with capital from Finch Capital, Seaya Andromeda and AshGrove Capital.
AMSTERDAM — Fourthline and Veridas completed their merger on Nov. 3, 2026, creating a combined digital-identity platform for banks and other regulated institutions. The new company is headquartered in Amsterdam and will be led by CEO Paul Stoddart, with Veridas CEO Eduardo Azanza serving as president.
The transaction includes up to €65 million in capital from existing shareholder Finch Capital, new equity from Seaya Andromeda and debt financing from AshGrove Capital. The companies said the funding will support product innovation, strategic acquisitions, debt refinancing and shareholder reorganization.
Fourthline focuses on identity verification and compliance workflows, while Veridas brings biometric and digital-identity technology. Combining those capabilities can help institutions connect onboarding, authentication and fraud controls, but it also increases the importance of consent, data security, model governance and false-match handling.
The merger is complete, but integration and product changes will take time. The funding figure is described as “up to” €65 million, so it should not be treated as a single all-cash investment or as an independent measure of the combined company’s revenue or valuation.