Moroccan reg-tech startup, VOVE ID, has secured fresh investment from The Baobab Network to boost its expansion efforts throughout Africa and the Middle East.

Although the investment amount remains undisclosed, this funding represents a significant step forward for the premium digital identity verification firm. Since its launch earlier this year [2025], VOVE ID has quickly gained momentum with its secure, AI-powered Know Your Customer (KYC) solution.

Established in 2024 by Khalid Aoussar, Tarik, and Youssef – former team members at Timeless Investment GmbH, RemotPass, and PipeDrive – VOVE ID is on a mission to revolutionize identity verification within the $18.6 billion global KYC industry.

With a ‘verify once, use everywhere’ model, the platform enables users to leverage a single verified digital identity across multiple services, streamlining onboarding processes while ensuring compliance with regulatory standards. Its advanced features, including biometric authentication and automated document verification, have already drawn interest from clients across the MENA region and Africa.

 

The new funding will fuel VOVE ID’s efforts to expand across the region, enhance its platform, and grow its team. Through its inclusion in The Baobab Network’s accelerator program, the startup will also benefit from strategic guidance and connections within a broader ecosystem thus helping it tackle regulatory hurdles and accelerate its growth trajectory.

“Having The Baobab Network on board is a game-changer,” said co-founder and CEO, Aoussar.

“We’re building a future where verifying your identity is seamless, secure, and accessible – regardless of business size or geography.”

FUNDING | As Y Combinator Retreats, Baobab Network Declares Ambition to Invest in 1,000 African Startups by 2033

The move by Baobab is particularly significant given the scaling back of Y Combinator, another key accelerator for African startup ecosystem, in recent times. In… pic.twitter.com/POTVBSomBg

— BitKE (@BitcoinKE) October 21, 2023

With new funding and growing momentum, VOVE ID is positioning itself as a vital player in the rising sector of digital identity infrastructure for emerging markets.

Other African players in the sector include:

  • SmileID

  • Dojah, and

  • IdentityPass

just to name a few that are exploiting the potential in the sector.

MILESTONE | Africa-Focussed ID Solutions Provider, #SmileID, Exceeds 200 Million Verification Checks, Doubling From 100 Million in Just 11 Months

SmileID list of clients includes Flutterwave, Paystack, and Binance among others.https://t.co/WpLpnPH6Mj @usesmileid pic.twitter.com/bWrTXJKw3d

— BitKE (@BitcoinKE) December 2, 2024

Click on this link for an analysis of operators in the sector on the African continent.

LIST | A Look at Identity Verification Startups Operating Across Africa

In this post, we’ll explore some of the key identity verification solutions making waves across the continent, revolutionizing the way businesses verify the identities of their users and customers.… pic.twitter.com/c6Fm3Agmr7

— BitKE (@BitcoinKE) May 14, 2024

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