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Nigeria’s Youverify receives $2.5M in funding for biometrics, AML
March 15, 2024, 3:45 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
Youverify, a biometrics and AI-powered AML and KYC service provider based in Lagos and San Francisco, has received a $2.5 million pre-Series A investment from Elm, a digital security firm owned by the investment arm of Saudi Arabia’s Ministry of Finance.
A press release says the money will help strengthen Youverify's mission to expand its Africa-focused AML compliance operations globally. Launched in Nigeria in 2018 and currently serving customers in 12 countries, Youverify hopes to add new markets …
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