Tykn B.V.

Tykn B. V. is a technology company that offers innovative digital identity solutions aimed at enhancing security and efficiency in identity verification processes for both individuals and organizations. Founded in 2016, Tykn B.

V. is headquartered in The Hague, Netherlands, and specializes in providing digital identity solutions. The company was founded by Tey El-Rjula, who has a history of entrepreneurial endeavors. Tykn B.

V. has completed 2 deals, with its most recent funding round occurring on May 20, 2019, when it raised EUR 1. 2 million in venture funding from an individual investor. Tykn B.

V. provides advanced digital identity solutions focused on secure identity verification processes. Their primary offering includes a digital identity platform designed to help organizations streamline and enhance the security of identity verification for various applications, including customer onboarding and KYC (Know Your Customer) processes. This service targets the growing need for secure and efficient identity management across multiple sectors, including financial services, healthcare, and government institutions.

Tykn B. V. generates revenue primarily through subscription fees associated with their digital identity platform. The company operates on a B2B model, partnering with organizations that integrate Tykn's solutions into their systems.

Each subscription provides access to features designed to enhance identity verification efficiency and security, contributing to their steady revenue stream by addressing demand for robust identity management solutions. In the upcoming years, Tykn B. V. plans to enhance its product offerings by launching new features aimed at improving user experience and scalability.

The company is also targeting expansion into new markets, particularly in Europe and North America, with a goal to establish a presence by 2025. The funding raised in May 2019 will be utilized to support these initiatives, enabling Tykn to enhance its technological capabilities and broaden its market reach.