Smile Identity has raised a $20M funding round to provide digital identity verification software in Africa.
The company says it has doubled its user base and tripled its revenue.
- Smile Identity claims that it has completed 50 million identity verification checks, more than any other company in Africa.
- Its software has an accuracy rate of 98%, according to company officials.
- Smile Identity's client list includes names such as:
- Chipper Cash,
- Paga,
- Paystack,
- Twiga,
- Opay, etc.
- The company is based in Nigeria.
- Founded in 2017, it has raised $35M since its inception.