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Smile Identity, a KYC and ID verification partner for many African fintechs and businesses has acquired Appruve, a Ghanaian developer of identity verification software.
Today, Smile Identity announced that it has acquired Appruve's parent company (Inclusive Innovations, Inc.) and is actively fulfilling regulatory requirements to finalise the transaction for the affiliated entities in Africa. This strategic acquisition will expand Smile Identity's footprint across Africa and solidify its position as the continent's leading identity verification and digital KYC provider.
Smile Identity CEO Mark Straub speaks on the identity verification startup's recent $20 million Series B, their expansion ambitions,and more.
Smile Identity provides ID verification and KYC compliance for African faces and identities; raises $20 million for its expansion plans.
Identity verification platform Smile Identity has announced that it has raised $20 million in Series B funding to fund its pan-African expansion ambitions.