Contactable, a South African digital identity startup, raised $13.5 million to scale its eKYC and onboarding platform across Africa, in a round led by Venture Capitalworks with backing from Fireball Capital, Ke Nako Capital, and Mavovo. Founded in 2012, the company offers enterprises an integrated solution for identity verification, fraud mitigation, and compliance—leveraging document and biometric checks, sanctions screening, and ongoing KYC processes. The funding will drive expansion into new markets and support product development in areas like UBO verification, AI-assisted risk signaling, self-sovereign identity, and payments integration, amid growing demand for digital ID infrastructure across the continent.
South Africa’s Contactable Raises USD 13.5 Million to Scale Digital ID and eKYC Across Africa