Connect with us

IN THE NEWS

Seamfix Expands: Digital ID Revolution Coming to 5 More African Countries

Nigerian digital identity startup Seamfix is set to expand its operations to Ghana, Kenya, South Africa, Ethiopia, and Uganda following a successful investment round.

Founded by Chimezie Emewulu and Chibuzor Onwurah, Seamfix specializes in identity management, data capture, and process automation solutions for large businesses and government agencies worldwide.

“Seamfix leverages technology to simplify digital identity, helping thousands of businesses globally offer enhanced services to millions of customers,” Emewulu.

 

[DOWNLOAD OUR MAGAZINE]

Digital ID and verification systems are crucial for economic growth in Africa, impacting areas like financial participation, government efficiency, public health, and job creation. Seamfix has been instrumental in providing advanced digital ID and credential solutions that connect businesses and individuals to various identity databases in Africa and beyond.

The company has developed solutions for organizations such as Veremark, Nigeria’s National Identity Management Commission (NIMC), MTN, Glo, Airtel 9 Mobile, United Bank for Africa, Interswitch, and Union Bank. These solutions enable seamless creation, verification, and access to trusted digital identities and services for customers globally.

Seamfix initially focused on creating custom products to digitize organizational workflows when it launched in 2007. However, a project in 2010 to build a university ID impersonation solution highlighted the continent’s identity issues, prompting a pivot to identity management solutions.

Digital identity remains a significant challenge in Africa, with over 542 million people lacking identity cards. Effective digital ID systems can unlock substantial economic value across Africa’s increasingly digital societies. A recent report suggests that African countries implementing effective digital ID systems could boost their GDP by up to 13%.

“Our goal is to create a central hub for identity management in Africa, facilitating trade within the region and with other countries. This hub will enable governments, corporations, and individuals to verify the identities of entities they transact with,” Emewulu explained.

One of Seamfix’s key achievements is the development of a digital solution that provides access to National Identification Numbers (NINs) for over 100 million Nigerians. Additionally, the company has assisted Nigerian telecommunications providers in registering and verifying a database of over 200 million SIM cards to comply with Nigerian Communications Commission regulations.

[READ MORE IN THE NEWS]

Seamfix collaborates with major telcos across Africa on SIM registration, verification, and linkage to national identities. Many fintechs and SMEs depend on Seamfix’s verification APIs for KYC checks during customer onboarding and employee background checks.

The company is poised for further growth after securing $4.5 million in funding from Alitheia IDF, a gender lens investing fund. Emewulu stated that the investment would be used to enhance Seamfix’s technology infrastructure, improve data flow critical for continental trade and integration, and initiate the expansion of its digital ID and credential services into Ghana, Kenya, South Africa, Ethiopia, and Uganda.

“This funding marks our first institutional investment and will enable us to extend our services to five new African countries,” he said.

Seamfix generates revenue through various channels, primarily by offering identity solutions to organizations. This includes charging for identity verification services, selling annual licenses to organizations accessing their extensive identity database, and monetizing API calls. To date, Seamfix has processed over 500 million identities.

Facebook Comments

TAGiAfrica™ is a Web3 Magazine that is documenting the African journey in the crypto and blockchain industry for over a decade. We are the Pan-African magazine that covers business, technology, Blockchain, Crypto and Innovation.We are the essential resource for anyone who wants to stay up-to-date on the latest trends in Africa. The magazine is also a valuable resource for businesses that are looking to expand into Africa and committed to promoting African entrepreneurship and innovation.

Advertisement Build your website!

DOWNLOAD YOUR E-MAG HERE

Watch Our Channel

Advertisement

Trending

IN THE NEWS2 weeks ago

Moniepoint Reveals 40.2% of Nigerian Women Fund Businesses with Personal Savings

A recent report by Moniepoint, a leading financial services provider in Nigeria, has revealed that 40.2% of Nigerian women rely...

Global News2 weeks ago

Google CEO ,Sundar Pichai Unveils $120M Fund for Global AI Education

In a major development underscoring the increasing global importance of artificial intelligence (AI) and education, Google CEO Sundar Pichai recently...

Artificial Intelligence2 weeks ago

OpenAI Launches Advanced Voice Feature for ChatGPT Users: A Game-Changer in AI Interaction

In a bold move that promises to redefine user interaction with artificial intelligence, OpenAI has announced the launch of an...

Crypto3 weeks ago

Breaking News: Hamster Kombat’s Highly Anticipated Crypto Airdrop Sparks Outrage Among Nigerians

In a development that has sent shockwaves through the Nigerian crypto community, the much-hyped airdrop from the popular crypto-mining app...

East Africa3 weeks ago

M-KOPA Surpasses 5 Million Customers Across Africa

M-KOPA, a leading fintech in emerging markets, has proudly announced that it has surpassed 5 million customers across five African...

Crypto1 month ago

Chipper Cash’s Leap into Ghana’s Financial Markets: A Game-Changer for Financial Inclusion

Chipper Cash, the pan-African fintech platform renowned for its seamless cross-border payments, has made a strategic move to further solidify...

Crypto1 month ago

Crypto Exchanges Get the Green Light in Nigeria: A New Era for Youth Investment

In a significant move aimed at fostering financial inclusion and empowering Nigerian youth, the Securities and Exchange Commission (SEC) has...

IN THE NEWS1 month ago

Denca Global Courier (DGC Express) Announce the 1st Edition of the Export Business Roundtable (EBR) 2024

Denca Global Courier (DGC Express), in partnership with the Pan Africa Association of Small & Medium Industries (PAOSMI), Migfo Nigeria...

IN THE NEWS1 month ago

Press Release: The 9th Annual African Future Leadership Public Service and Entrepreneurship Conference and Award

The Second Chance Care Foundation, in partnership with the African Future Leadership Magazine, is gearing up for the 9th edition...

IN THE NEWS2 months ago

Press Release: TAGiAfrica Launches TAGiSolar Inverter System

TAGiAfrica, a pioneering Web3-compliant media tech company documenting Africa’s progress in the crypto and blockchain sectors, is excited to announce...

IN THE NEWS2 months ago

Detained Binance Executive Tigran Gambaryan’s Family Appeals to FG: He ‘can no longer walk’

The family of Tigran Gambaryan, a senior executive at Binance, the world’s largest cryptocurrency exchange, has renewed their urgent appeal...

Crypto2 months ago

Quidax Becomes Nigeria’s First Crypto Licensed Exchange

Quidax, a prominent cryptocurrency exchange operating in Nigeria, has made history by securing the country’s first-ever provisional operating license from...

Global News2 months ago

Pavel Durov Arrested in France: Telegram Founder Faces Serious Criminal Charges**

In a dramatic turn of events that has sent shockwaves through the tech industry and beyond, Pavel Durov, the Russian-born...

IN THE NEWS2 months ago

Press Release: Rossy Apartment Unveils Luxurious 3-Bedroom Suites in Ajah, Lagos

Rossy Apartment, a fast-rising short-let operator in Lagos, is proud to announce the grand opening of its latest offering: luxurious...

How to Startup2 months ago

2-year-old Nigerian startup Sendsprint acquires 10-year-old US company

In a bold and strategic move to expand its global footprint, Nigerian fintech startup Sendsprint has recently finalized the acquisition...

Crypto2 months ago

Hamster Kombat: Understanding HMSTR Premarket Price in Naira and USD

The cryptocurrency space has been evolving rapidly, with a myriad of tokens constantly emerging. Among these new digital assets is...

Editorial3 months ago

Donald Trump Pledges to Make the US the Crypto Capital of the World at Bitcoin 2024 Conference

In a bold and unprecedented move, Donald Trump, the 45th President of the United States and the current Republican nominee...

How to Startup3 months ago

TurnStay Secures $300,000 Funding to Expand Travel Payment Solutions Across Africa

South African travel technology company TurnStay has secured a $300,000 funding round from DFS Lab and Digital Currency Group (DCG),...

Crypto3 months ago

OKX Coin Leaves Nigeria: Analyzing the Implications

In recent developments, OKX, a major cryptocurrency exchange, has decided to cease its operations in Nigeria. This move has significant...

READ OUR EDITORIAL PICK

Editorial2 months ago

Quidax’s First Local Crypto Exchange License in Africa: A Double-Edged Sword

In 2024, Quidax, a leading cryptocurrency exchange operating in Nigeria, marked a historic moment in the African digital asset industry...

Editorial2 months ago

MTN Group Forecasts Steep H1 EPS Decline: Analyzing the Causes and Implications

MTN Group, one of Africa’s largest and most influential telecommunications companies, recently shocked investors by forecasting a significant decline in...

Editorial2 months ago

Hohm Energy: A $12M Funding Fiasco

Hohm Energy, a South African climate-tech startup, recently made headlines for all the wrong reasons. Despite raising approximately $12 million...

Artificial Intelligence2 months ago

AI Revolutionizing African Industries: From Agriculture to Healthcare

Artificial Intelligence (AI) is reshaping the global landscape at an unprecedented pace. As a technology capable of performing tasks that...

Editorial3 months ago

This could be the fate of African Crypto Industry;if Donald Trump Makes the US the HQ of Crypto.

Previously we disccused the impact of the Assassination attempt on the 45TH US President,Donald Trump on the Crypto World. Today...

APPLY NOW3 months ago

[Apply Now]U.S. Embassy Abidjan Announces Funding Opportunities to Build Bridges with Côte d’Ivoire

The U.S. Embassy Abidjan Public Diplomacy Section (PDS) is excited to announce the launch of its Public Diplomacy Small Grants...

Editorial3 months ago

10 AFRICA EMERGING TECHNOLOGIES YOU MUST KNOW [ 2024 List]

Africa is experiencing a remarkable transformation, fueled by a surge in innovation and a youthful, tech-savvy population. This article delves...

East Africa3 months ago

Top 10 Rwandan Startups: Shaping a Nation’s Future

Rwanda, a nation rising from the ashes of a turbulent past, has emerged as a surprising hub for innovation and...

Editorial3 months ago

Press Release: TAGiAfrica Unveils ‘READ AND GET PAID’ for Nigeria, Ghana, and Kenya in August 1st.

TAGiAfrica, a fast-rising tech and crypto digital news platform, proudly announces the upcoming launch of its innovative project, READ AND...

Editorial5 months ago

IS AFRICA READY TO LEAD THE TECH REVOLUTION IN THE CONTINENT?

In the span of just two decades, tech drivers in Africa has experienced a tech revolution that is positioning it...