Smile ID’s journey has been marked by innovation, dedication and a shared imaginative and prescient for a safe digital panorama in Africa. Simply 11 months in the past, the corporate reached 100 million identification verifications – a milestone that was the results of years of onerous work in constructing dependable options for companies throughout the continent.
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Nonetheless, the story didn’t cease there. In a formidable flip, Smile ID has now surpassed 200 million identification verification checks, doubling that achievement in lower than a 12 months. What took seven years to realize has now been completed in simply 11 months, a testomony to the rising belief in Smile ID’s expertise and the growing demand for safe, compliant identification verification throughout Africa.
Accelerating Africa’s digital transformation
The exponential acceleration in Smile ID’s development displays Africa’s embrace of safe, scalable identification verification programs. In lower than a 12 months, the corporate has doubled its influence, demonstrating how companies throughout varied sectors are adopting superior instruments like doc verification, biometric authentication and biometric KYC to boost safety and consumer belief.
“Reaching 200 million identification verifications is a outstanding milestone, one which displays the belief our shoppers place in us and the rising demand for scalable identification options throughout Africa. It took us seven years to realize our first 100 million checks – we’ve now doubled in simply 11 months,” stated Smile ID CEO Mark Straub. “This fast development additionally highlights the growing function of digital identification in day by day life.
“Past powering onboarding, our SmartSelfie expertise now protects thousands and thousands of high-value transactions with immediate AI-powered face authentication,” he stated.
“At Smile ID, we’re dedicated to pushing the boundaries of what’s doable, making it straightforward for folks to show their identification with simply their face, no matter ID card or IP deal with.”
Driving safe development throughout sectors
Since its inception, Smile ID has constantly delivered cutting-edge identification options for monetary establishments, fintechs, telecommunications corporations and companies in different industries. Its accelerated development over the previous 12 months displays the rising adoption of biometric verification, which is more and more recognised because the gold commonplace for safe digital identification.
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The corporate has additionally just lately expanded its information entry to new nations throughout Africa, constructing on its sturdy presence in Nigeria. It now connects to South Africa, Tanzania and Zambia, with plans on the best way for extra, permitting companies in these areas to leverage Smile ID’s safe and compliant identification verification options. This enlargement displays its dedication to enhancing digital safety and serving to companies meet native regulatory necessities in a rising variety of African markets.
By regularly innovating and adapting to the wants of its companions, Smile ID is setting new benchmarks in identification verification whereas driving monetary inclusion and belief within the digital financial system.
About Smile ID
Smile ID is Africa’s main digital KYC (“know your buyer”) supplier and was based to resolve the particular challenges confronted by corporations making an attempt to onboard customers in distinctive African circumstances. They’ve constructed proprietary machine-learning algorithms and a expertise platform to cater for all pores and skin tones, entry-level units and customers working in low bandwidth environments.
Smile ID prides itself on placing the correct steadiness between stopping fraudulent transactions and lowering onboarding friction and has enabled among the fastest-growing companies throughout Africa to onboard at scale. Its consumer base consists of Flutterwave, Fairmoney, Binance, Uber, Bolt, Kuda Financial institution, Opay, Paystack, Luno, Yellowcard and lots of extra.
Wish to see how Smile ID will help your small business? Communicate to a Smile ID skilled right this moment.
