Vove ID

Vove ID specializes in identity verification solutions, enhancing secure onboarding processes for businesses across MENA and Africa, while combating fraud effectively. Vove ID, founded in 2023 in Rabat, Morocco, focuses on providing identity verification services. The company has completed 1 deal to date, with its most recent deal on April 11, 2025. The founder has not been specified in available information.

VOVE offers a comprehensive suite of identity verification solutions designed to streamline the onboarding process for businesses throughout MENA and Africa. Their core product, VOVE ID, facilitates secure ID verification, allowing genuine users to be verified instantly while preventing fraudulent activities. The platform supports over 2,000 document types from more than 190 countries, ensuring a robust verification process that meets varying regulatory requirements, such as AML (Anti-Money Laundering) compliance. VOVE also provides customizable KYC (Know Your Customer) and KYB (Know Your Business) solutions, enabling businesses to tailor verification methods to specific use cases, which include physical document checks and biometric verifications.

Their primary clientele comprises businesses in sectors like fintech and digital banking, particularly in Nigeria and Ethiopia, where demand for secure identity verification is rapidly increasing due to the growth of mobile banking and e-commerce. VOVE generates revenue through a subscription-based model for its identity verification services, sold to businesses aiming to enhance customer onboarding and mitigate fraud risks. Their clients, mainly in the fintech and digital banking sectors, utilize VOVE ID for comprehensive identity verification and AML compliance, contributing to efficient customer experiences. Transactions typically involve monthly or annual subscriptions granting access to VOVE’s suite of services, including ID document recognition and AML screening.

The pricing structure varies based on the volume of verifications needed and the specific services chosen, allowing businesses to benefit from a scalable solution that aligns with their growth. In April 2025, Vove ID raised an undisclosed amount of venture funding from new investor Baobab Network. The company plans to utilize this funding to scale operations in Africa and the Middle East, enhance its digital identity services, and hire additional staff. Future growth initiatives include the development of new products aimed at improving verification processes, with specific details and launch dates yet to be announced.