VOVE ID
AI-powered identity verification platform for emerging markets.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Early VC | |
| Total Funding | 000k | ||
VOVE ID is a Morocco-based regulatory technology (regtech) startup founded in 2024 by Khalid Aoussar (CEO), Tarik, and Youssef, who bring experience from Timeless Investment GmbH, RemotPass, and Pipedrive. The company has dual headquarters in Temara, Morocco, and the United States. In April 2025, VOVE ID secured an undisclosed amount of seed funding from The Baobab Network, an accelerator focused on early-stage African tech ventures. This investment and acceptance into the accelerator program is intended to fuel the company's expansion across the Middle East and North Africa (MENA) and the broader African continent, enhance its platform, and grow its team.
The company operates in the digital identity verification market, which is projected to grow globally, driven by increased regulatory pressures and the need for robust fraud prevention. VOVE ID offers a Software-as-a-Service (SaaS) platform designed to simplify and secure Know Your Customer (KYC) and Know Your Business (KYB) processes for other companies. Its business model is built to democratize access to enterprise-grade verification tools, particularly for startups and SMEs, by offering modular APIs and a pay-as-you-go pricing structure. This approach targets a market segment that has often been priced out of traditional, complex compliance systems.
The core of VOVE ID's service is its "verify once, use everywhere" model, which allows end-users to reuse a single verified digital identity across multiple platforms, streamlining customer onboarding. The platform's features include AI-powered identity verification, biometric authentication with 3D liveness detection, Anti-Money Laundering (AML) screening, and the ability to recognize over 2,000 types of identity documents from more than 190 countries. The technology is designed for seamless integration into client applications via SDKs. VOVE ID serves various sectors, including fintech, e-commerce, mobility, cryptocurrency, and HR management, helping them to reduce fraud, automate compliance, and enhance user trust.
Keywords: digital identity verification, regtech, KYC solutions, biometric authentication, fraud prevention, AML screening, identity portability, MENA, Africa, compliance automation, pay-as-you-go, SaaS, user onboarding, document verification, KYB solutions, identity infrastructure, fintech security, AI-powered verification, startup compliance, The Baobab Network