Smile ID provides the best Identity Verification, User Onboarding, and real-time Digital KYC solutions in Africa.
Smile ID provides the best Identity Verification, User Onboarding, and real-time Digital KYC solutions in Africa.
What they do: Digital identity verification, biometric KYC, AML/fraud screening for African markets
Founded: 2017
Founders / CEO: Mark Straub and William Bares; Mark Straub is CEO
Employees: 125
Recent funding: $20M Series B (Feb 2023); total funding reported ≈ $31.1M
Certifications / claims: ISO 27001 and SOC 2 (claimed)
Identity verification and digital KYC/AML for African markets
2017
Identity verification / RegTech
$20,000,000
Additional participants included Commerce Ventures, Courtside Ventures, Two Culture Capital, Latitude and returning investors such as Valuestream Ventures, Intercept Ventures and Future Africa.
Listed as a corporate funding round with Mastercard as lead investor on public funding summaries.