Identitypass Bag $360k Pre-Seed Funding To Scale Digital Compliance Solution
The Nigerian digital compliance and Security Company aims to build a world class compliance and security infrastructure for Africa.
Identitypass said it has raised US$360,000 in pre-seed funding to help in acquiring more customers, further develop its product and expand its team.
Identitypass revealed that it 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. It is targeting more customers and expansion into other continents after securing US$360,000 in pre-seed funding.
Lanre Ogungbe co-founder at Identitypass stated: “In the last three quarters since we launched, we have verified millions of users and businesses and this growth is largely due to our market approach strategies. The coming quarter’s goal is to launch new products that don’t only keep businesses secured but also secures every internet user in the region.”
The platform provides an 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.