Youverify secures $2.5M funding to bolster anti-money laundering regulations in Nigeria
Since 2022, Youverify has expanded its real-time business verification coverage to 145 jurisdictions across 48 countries.
Across these countries, Youverify processes 4 million monthly applications for over 3,500 businesses with 800 active clients.
Additionally, the platform’s capacity to verify IDs has expanded from 400 million to 5 billion people — as well as 600 million businesses across various industries such as gaming, travel, healthcare, and telecommunications.
“Individuals and businesses can verify their identity, registration status and ownership using their government data through Youverify.
In addition, we launched our anti-money laundering and risk classification product to address some of these industries,” the CEO noted.
