Funding

Nigerian Compliance Startup, Identitypass, Raises US$360k Pre-seed Funding Round

Identitypass, a Nigerian digital compliance, and security company have just raised US$360k in pre-seed funding.

The fund is expected to help it acquire more customers and further develop its product as it looks to expand its team.

According to sources familiar with the startup, it provides easy-to-use compliance and data security platform that allows online businesses to easily authenticate and validate the identity of a transacting party through existing forms of identification.

What You Need To Know About Identitypass

The digital compliance startup was launched in January of this year by Lanre Ogungbe, Niyi Adegboye, and David Obi.

The startup runs with a vision to build a world-class compliance and security infrastructure for Africa.

Today, Identitypass has developed a variety of products, including an ID checker, identity graph, and identity form, and is currently powering the verification solutions of over 170 businesses.

Read the original article here

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