FB pixel

iiDENTIFii joins accelerator program to scale up biometric KYC business

iiDENTIFii joins accelerator program to scale up biometric KYC business

South African firm iiDENTIFii has been chosen for the JSE Enterprise Accelerator Program to enable it to increase its market share and source for funding to increase competitiveness for its biometric authentication and digital onboarding offering.

According to Jozigist, the company is among 12 participants selected for the accelerator program described as prestigious, and it will allow them the opportunity to have coaching and mentoring lessons from time-tested experts in the form of group work sessions, master classes and webinars. The program is limited to entrepreneurial companies with an annual turnover of at least R20 million (US$1.3 million).

Lance Fanaroff, iiDENTIFii co-founder and chief strategy officer, said the seamless nature of the company’s solutions for biometric authentication and customer onboarding is the reason they were selected for the accelerator program. “We are incredibly proud to be recognized for delivering excellence in the fight against identity fraud. We look forward to participating in the JSE Enterprise Acceleration Programme and improving the ways in which we provide customers with the digital edge to stay ahead,” said Fanaroff.

Speaking about the program, JSE Director of Marketing and Corporate Affairs, Vuyo Lee, said: “The JSE’s objective is to enable medium-sized companies to leapfrog and propel themselves to being large enterprises. The programme avails resources to shorten the timespan for transition whilst driving growth and supports the country’s post-COVID-19 recovery plan.”

IiDENTIFii recently won the Independent Software Vendor (ISV) Partner of the Year in the Microsoft South Africa Partner of the Year 2021 Awards and another for best enterprise solution during the 10th MTN Business App of the Year Award, according to the announcement.

The company was also declared face biometrics developer iProov’s first premier partner in Africa last year.

Article Topics

 |   |   |   |   |   |   |   |   | 

Latest Biometrics News


SITA wraps up acquisition of Materna IPS

SITA reports it has completed all necessary regulatory and legal procedures and finalized its acquisition of Materna IPS, a provider…


Payface lands new retail biometric payments deal in Brazil

Brazilian face biometrics payments startup Payface has clinched a deal with supermarket chain Ítalo. Ítalo Supermercados, based in the southern…


EU to fund digital programs with €108m, including digital identity

The European Union has issued a new call for funding within the Digital Europe Programme (DIGITAL), allocating over 108 million…


Lawmakers try again to kill diversion of TSA screening tech funds

Because of Washington partisan politics, the U.S. Transportation Security Administration (TSA) doesn’t expect to be able to field upgraded and…


Florida tosses mDL program into the Gulf

Florida’s mobile driver’s license has been shut down, making the state a rare case in the world of a place…


FBI biometric fingerprint lab gets a party on its 100th birthday

The Federal Bureau of Investigation (FBI) is celebrating the centennial of its fingerprint lab. A release from the agency says…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events