Deal Street

African Startup Funding Tracker


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Nigerian Startup Seamfix  Raises USD 4.5 M Equity Funding
Nigerian Startup Seamfix Raises USD 4.5 M Equity Funding

SEAMFIX, a global digital identity solutions provider, has secured USD 4.5 M from Alitheia IDF in a private equity funding round to scale the technology infrastructure that underpins its solutions, improve data flow crucial for continental trade and integration, and kickstart the expansion of its digital ID and credential services into five new African countries.

Founded by Chimezie Emewulu and Chibuzor Onwurah, Seamfix provides identity creation, verification and transaction accreditation solutions for large organisations and government agencies across multiple African countries. The company has delivered a wide range of solutions for organizations such as Veremark, Nigeria’s National Identity Management Commission [NIMC], telcos (MTN, Glo, Airtel and 9 Mobile), financial institutions (United Bank for Africa, Interswitch and Union Bank) and more, enabling them and their customers globally to seamlessly create, verify and access trusted digital identities and services. The new funding represents Seamfix’s first institutional investment, and it will enable the company to expand its services to Ghana, Kenya, South Africa, Ethiopia, and Uganda.