With the rise of fintechs, cryptocurrencies, and other digital platforms in Africa, onboarding that is seamless, inclusive, compliant and built for market has become important but also hard to come by.
This is why Dojah went to create an Identification Verification Widget that aims to help businesses get the right customers with a compliant and fast approach to customer onboarding. This is the innovation that Tech venture builder, Opeyemi Awoyemi, has termed as Africa’s first end-to-end onboarding flow.
“In terms of features, it compares well with global counterparts like iDenfy , Onfido , Veriff and similar API services, and it beats them in pricing. Not to forget that Dojah compared ID data with government databases in more than 7 African countries (620m persons covered),” he said on his Linkedin page.
He went ahead to express his pride to have Fast Forward back the engineer-founders Tobi Ololade and Ayomide Oso alongside Y Combinator and GreenHouse Capital Africa on their journey.
How it works
When a customer wants to create an account with a financial digital app, the compliance team will obviously want to get their details to know that the person applying to join is compliant. The company wants to make sure that the users are compliant and then again wants to give them a frictionless sign-up experience.
The user will enter their ID details and also upload photos of the physical Identifications. The identity verification widget checks to see if the details match with what the user has filled. At this time, the compliance team is also able to see the same.
The compliance officer will also further examine how the new user has passed all the necessary checks and then approve or disapprove the onboarding, based on the accuracy of the data provided. The compliance team can also access the data uploaded at anytime via Dojah’s Identity Verification Widget.
As a company, you will have a faster onboarding experience and enjoy reduced drop off rate and fraudulent sign-ups.