KYC Startups in Africa
Overview Powered by AI
KYC adoption in East Africa is gaining traction, driven by regulatory compliance and the need for secure digital transactions. Local business leaders recognize the importance of KYC for fraud prevention, risk management, and customer onboarding. Players like Smile Identity, iiDENTIFii, and Youverify are gaining ground, offering innovative solutions and leveraging local partnerships. However, challenges remain, including infrastructure limitations and the need for wider financial inclusion.
Cummulative Funding
$73K+
Total # of Companies
2
Total Deal Count
2
Total M&A Count
0
Total # of Investors
2
List of KYC startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Valify offers service providers tools that enable financial institution to digitally identify their customers | Non-equity Assistance | $ 45,000 | 2019 | |
Digified is an Egyptian fin-tech startup that provides Digital Identity Verification Solutions | Pre-seed | $ 28,000 | 2018 |
Founded
2019
Overview
Valify offers service providers tools that enable financial institution to digitally identify their customers
Last round
Non-equity Assistance
Total raised
$ 45,000
Employee
11-50
Founded
2018
Overview
Digified is an Egyptian fin-tech startup that provides Digital Identity Verification Solutions
Last round
Pre-seed
Total raised
$ 28,000
Employee
2-10