Hopae

Hopae

Provides verifiable credentials-based digital identity solutions

Overview

Hopae provides digital identity solutions built on verifiable credentials and selective disclosure to share information securely and privately. Its products issue and verify cryptographic credentials that can be selectively disclosed, integrated via customizable SDKs with consulting for compliance. Hopae distinguishes itself through open-source contributions, cryptographic security, and collaboration, including founding the Open Wallet Foundation. Its goal is to enable broad, privacy-preserving, standards-aligned digital identity exchange across diverse ecosystems, generating revenue from SDK licenses and integration/consulting services.

About Hopae

Simplify's Rating
Why Hopae is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Crypto & Web3

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$6.5M

Headquarters

Seoul, South Korea

Founded

2022

Get referred to Hopae

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • TCC launched Hopae Connect across Saudi Arabia on September 4, 2026.
  • Hopae added Brazil CNH, Mexico INE, and Datai-driven Luxembourg onboarding in 2026.
  • Sarah Clark joined January 15, 2026, bringing Mastercard digital identity execution credibility.

What critics are saying

  • eIDAS 2.0 wallet mandates slip, delaying enterprise budget unlock until 2027.
  • Signicat, Mastercard, and 1Kosmos compress Hopae’s differentiation across Europe and North America.
  • Hopae depends on government partnerships like TCC and INE; one revoked integration breaks revenue.

What makes Hopae unique

  • Hopae Connect unifies 70+ eIDs and wallets through one compliant API.
  • INCERT partnership made Hopae the first EU-registered intermediary for European eIDs.
  • Open Wallet Foundation membership and selective disclosure focus strengthen its privacy-first architecture.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$6.5M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Unlimited Paid Time Off

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

0%

2 year growth

3%
FinTech Global
Sep 4th, 2026
Hopae and TCC bring global eID checks to Saudi Arabia.

Hopae and TCC bring global eID checks to Saudi Arabia. September 4, 2026 Hopae and Technology Control Company (TCC) have signed a partnership agreement to accelerate the adoption of global electronic identities (eIDs) across the Kingdom of Saudi Arabia. The deal was signed at the TCC pavilion during LEAP 2026 in Riyadh, the Kingdom's flagship technology event. Under the terms of the agreement, TCC will introduce Hopae Connect, the company's global eID verification hub, to government entities and enterprises throughout Saudi Arabia. The platform links more than 70 government-issued eIDs and digital identity wallets through a single, compliant API, giving Saudi organisations the ability to verify individuals using the trusted digital identity of their home country rather than relying on document-based checks. Saudi Arabia attracts visitors from across the globe for business, employment, tourism and pilgrimage, and digital identity underpins every service made available to them. The partnership is designed to allow the Kingdom to recognise and verify identities from around the world while keeping its own national identity infrastructure entirely sovereign. Hopae was founded to give people the ability to use an identity they already hold and trust in any country they visit, rather than requiring separate verification systems for each jurisdiction. TCC brings deep expertise in identity management and secure digital solutions within the Saudi market, positioning the pair to jointly extend eID verification capability to organisations across the Kingdom. Beyond the rollout of Hopae Connect, the partnership includes joint training and solution workshops between the two companies, along with the co-development of use cases built specifically for the Saudi market. The agreement also sets out a route to bring these jointly developed solutions to market through TCC's existing customer network. The tie-up extends Hopae's partner network, which already spans leading identity verification and trust service providers across North America and Europe, into the Middle East for the first time. Hopae founder and CEO Jaehoon Shim said, "Digital identity is rarely noticed until it is missing, yet it sits beneath every enterprise, every institution and every welcome extended to someone who has travelled far to receive it. With TCC, we are bringing the world's digital identities to Saudi Arabia at the moment the Kingdom is drawing the world toward it. This is what Hopae was built for: letting people use the identity they already trust, wherever they go." TCC general manager of identity management Ahmed Saleh Almaiman said, "This partnership builds on TCC's ongoing efforts to advance our capabilities in digital identity and to strengthen the integration of technologies and expertise." Enjoying the stories? Investors. The following investor(s) were tagged in this article.

RegTech Analyst
Aug 19th, 2026
Hopae bets on Mexico with new INE verification tool.

Hopae bets on Mexico with new INE verification tool. August 19, 2026 Hopae, the digital identity verification platform, has launched INE QR eID verification for Mexico, extending Hopae Connect's global coverage to more than 70 electronic identity documents through a single API. The launch gives businesses operating in Mexico direct access to the country's national voter identification credential, INE, which covers roughly 100m eligible adults, with the new QR-based check unlocking verification for an addressable pool of 80m users. Hopae said the integration is built on INE's latest and most secure credential generation, introducing cryptographic validation of the document itself rather than relying on photo or visual inspection alone. The company described this as establishing a genuine root-of-trust check, closing gaps that appearance-only checks can miss. Hopae positioned the release as future-proof, noting that the system is designed to remain compatible with Mexico's forthcoming biometric CURP rollout. The company said the deterministic, cryptography-based approach cuts fraud risk while reducing onboarding friction, since end users are not required to take extra steps to complete verification. Hopae added that the new check lowers the cost of trust for businesses by replacing manual or photo-based document reviews with automated, instant verification. The integration can be deployed flexibly, according to Hopae, either as an additional layer within existing regulated know-your-customer and anti-money laundering workflows, or as a standalone option for non-regulated use cases. It is also designed to work alongside other identity tools already in use, such as facial matching and liveness detection. Hopae Connect is the company's identity verification platform, used by businesses to authenticate customers across multiple markets through a single integration point. Hopae framed the Mexico launch as part of a broader push to deepen its presence across Latin America, pointing to the region's expanding digital economy as a key reason global companies are prioritising expansion there. Enjoyed the story?

FinTech Global
Jul 22nd, 2026
Hopae targets Brazil's 65m digital IDs with CNH launch.

Hopae targets Brazil's 65m digital IDs with CNH launch. July 22, 2026 Hopae has unveiled a real-time verification service for Brazil's digital driver's licence on its Hopae Connect platform, pairing encrypted QR code decoding with facial biometric matching checked against official government records. The new offering allows companies to confirm a licence's authenticity in three ways. First, the platform decrypts the official QR code on the CNH at string level, pulling registration details such as the holder's name, CPF number, birth date, parents' names, licence category, registration number, expiry date, first-licence date and issuing state directly from the certified credential rather than relying on information typed in by a user. Second, a live selfie is measured against the photograph held in official licensing records, producing a similarity score and confidence rating to establish that the individual presenting the licence genuinely owns it. Third, the decoded details are cross-referenced with Brazil's national identity bodies, including the tax authority and the National Traffic Secretariat (SENATRAN), to confirm both the document and its underlying demographic data remain valid. Brazil represents one of the largest identity ecosystems globally, with upwards of 200 million CPF records, more than 85 million people registered through the driver's licence system and over 65 million digital CNH credentials in use. Because QR codes became compulsory on all new CNHs from 1 May 2017, and licences issued without them would ordinarily have lapsed by mid-2022, nearly every valid licence in circulation today can be verified through the service. Hopae provides identity verification infrastructure through Hopae Connect, a single API designed for regulated, high-stakes use cases. The company said its workflows meet string-level assurance standards while complying with the EU's GDPR and Brazil's LGPD, with consent, data minimisation and privacy-by-design embedded throughout. The launch signals the beginning of a broader expansion into Latin America, where sectors such as FinTech, crypto, online gambling and identity verification providers are scaling quickly and require compliant onboarding tools. Hopae positions Brazil, given its size and digital identity maturity, as the natural first market, with ambitions to become the identity layer underpinning the region's growth. The service is available now, targeting regulated financial services, mobility and ride-sharing platforms and other trust-critical applications, replacing manual document reviews with instant, government-backed checks. Investors. The following investor(s) were tagged in this article.

Mobile ID World
Apr 30th, 2026
Hopae launches eIDAS 2.0 readiness tool to prepare financial institutions for mobile wallet identity.

Hopae launches eIDAS 2.0 readiness tool to prepare financial institutions for mobile wallet identity. April 30, 2026 Identity verification provider Hopae has released a free eIDAS 2.0 readiness assessment tool designed to help financial institutions prepare for mobile wallet-based identity verification under the EU's updated electronic identification regulation. The online tool generates a compliance readiness score and personalized action plan based on an institution's current identity verification and customer onboarding practices. It evaluates preparedness across areas including digital identity wallet integration, qualified electronic signatures, and remote identity proofing, all capabilities that will need to function on mobile devices under the new framework. The eIDAS 2.0 regulation, formally adopted as the European Digital Identity Framework Regulation, requires EU Member States to offer digital identity wallets to all citizens and residents. These wallets are mobile-first credentials, stored on smartphones and used for authentication and identity verification across sectors. Financial institutions are among the first entities that will be required to accept wallet-based identification for customer due diligence. Hopae's assessment targets banks, payment service providers, insurers, and other regulated entities that must adapt onboarding and verification workflows to accept credentials presented from a mobile wallet rather than traditional document-based checks. The tool identifies gaps in current systems and provides guidance on technical integration requirements. The launch follows a series of market moves tied to eIDAS 2.0 preparation. Signicat unveiled an eID and wallet hub to bridge national eIDs with EU Digital Identity Wallets, and Moldova's EVO mobile wallet has expanded its credential set ahead of a 2.0 launch. The transition carries particular weight for financial services, where anti-money laundering obligations intersect with the new relying-party requirements. Institutions that currently rely on in-branch document checks or web-based onboarding will need to support smartphone-initiated verification flows, accepting digital credentials presented via near-field communication or QR code from a customer's mobile wallet. The assessment also covers qualified electronic attestations of attributes, a core component of the eIDAS 2.0 framework that allows mobile wallets to share verified data points, such as professional qualifications or organizational roles, during financial onboarding. Support for these attestations will be essential for institutions serving cross-border customers within the EU's single market. The readiness tool is available through Hopae's website at eidasreadiness.com and targets institutions beginning compliance planning ahead of implementation deadlines set by the regulation. By the Mobile ID World Editorial Team

PR Newswire
Jan 15th, 2026
Hopae appoints former Mastercard SVP of Digital Identity Sarah Clark as CPO & GM North America

Hopae appoints former Mastercard SVP of Digital Identity Sarah Clark as CPO & GM North America. News provided by. Strategic appointment to accelerate Hopae's global digital identity infrastructure and expand its presence in North America. SAN FRANCISCO, Jan. 15, 2026 /PRNewswire/ - Hopae, the global digital identity infrastructure company, today announced the appointment of Sarah Clark as Chief Product Officer and General Manager for North America. Clark most recently served as Senior Vice President of Digital Identity at Mastercard, where she led the development and launch of a globally interoperable digital ID network. With over 25 years of product leadership experience, including more than a decade building and launching innovative digital identity products and businesses, Clark brings key expertise that significantly strengthens the Hopae executive team. Identity verification is undergoing a period of significant transformation. Physical document scanning and selfie-based checks have been compromised by AI, while data breaches have resulted in an explosion of synthetic and stolen identities. Losses from identity fraud are expected to reach $58 billion annually by 2030 in the financial sector alone. At the same time, governments worldwide have been investing heavily in digital identity infrastructure. In the US, 20 states have begun issuing mobile driver's licenses, while in the EU, all 27 member states will issue a digital identity wallet by 2026, with adoption rates expected to reach 80% by 2030. Other large countries, such as India and the Philippines, already operate digital ID programs at scale. For organizations, accessing this fragmented digital ID landscape has become increasingly complex. To address these challenges, Hopae built "Hopae Connect", the global eID hub. Hopae Connect is the leading network that connects high-assurance, government-issued digital identities to the private sector, enabling organizations to easily access the root of trust behind government digital ID credentials. Hopae Connect is the next generation of ID verification, preventing fraud from document scanning and other compromised probabilistic techniques, while improving overall user experience. Clark's immediate focus will be on accelerating Hopae Connect's leadership position with respect to coverage and ensuring best-in-class customer experience while offering one-click regulatory compliance. In her role as GM for North America, she will grow Hopae's customer base by focusing on acquisition of US-based businesses, including those with global footprints that can benefit significantly. "I joined the digital identity field with the conviction that it could solve real, long-standing challenges," said Clark. "Today, government-issued digital identities and wallets are accelerating across regions, but their diversity makes access increasingly complex. I am thrilled to use my unique experience building global ID networks to strengthen Hopae Connect's market-leading position while also contributing to Hopae's broader strategy. As someone who cares deeply about a future that looks out for data privacy for all individuals, I am also very excited by the opportunity to help shape Hopae's broader digital identity infrastructure, that enables privacy-preserving credentials beyond government-issued IDs." "2026 will redefine how people interact online," said Ace Shim, CEO and Founder of Hopae. "For US-based companies serving European customers, compliance with EU regulations, such as eIDAS 2.0, is unavoidable. Beyond Europe, the real challenge is scale: organizations that want to strengthen trust and reduce fraud will have to support a growing and fragmented landscape of digital IDs and wallets worldwide, including global financial services and marketplaces where trust is critical. Hopae Connect provides a single integration to verify high-assurance, government-issued digital identities across markets, helping businesses build trust, reduce fraud, and stay compliant." About Hopae Hopae is the digital identity infrastructure platform that helps organizations anticipate and comply with new regulations such as eIDAS 2.0, while staying competitive. Its suite of solutions provides a trusted, sovereign, and scalable infrastructure for digital identity, enabling higher conversion rates for businesses, reducing fraud, and ensuring more secure and self-sovereign identities for citizens. The company operates globally with offices in San Francisco, Paris, Luxembourg, and Seoul. Learn more at www.hopae.com SOURCE Hopae

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Hopae right now.

Find jobs on Simplify and start your career today

We update Hopae's jobs every few hours, so check again soon! Browse all jobs →