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Nigerian KYC Verification Startup, Identitypass Raises $360K Pre-seed Funding

Identitypass, a Nigerian KYC verification startup, has raised a $360,000 pre-seed funding from CCHub, Midlothian Angel Network, D Global Ventures Fund, and other Angel Investors.

Founded in January 2021 by Lanre Ogungbe, Niyi Adegboye, and David Obi, Identitypass provides an easy-to-use compliance and data security platform that helps with identity verification solutions for online businesses to easily authenticate and validate the genuineness of a transacting party to avoid being scammed.

This is achieved through existing forms of identification ranging from personal traits to government-issued identity cards up to every bit of data that can uniquely help to identify individuals and businesses while dealing with people, money, and data in an easy, secure and faster way.

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With a variety of products offered such as Identity checker, Identity graph, Identity form, and biometrics technologies, Identitypass currently powers the verification engines or solutions for over 170 businesses with plans to power more businesses in the coming quarter with product verification. It is operational in three Africa countries: Ghana Kenya and

The funding will be used for customer acquisition, research and development, and team expansion.

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