VOVE ID, a fast-rising regtech startup from Morocco, has just bagged fresh funding from The Baobab Network. This is setting the stage for major growth across Africa and the Middle East. Although the investment amount remains undisclosed, this marks a significant milestone for the young startup. The company only launched in 2024 and is already gaining serious traction.
Vove ID is Smart, Secure, and Scalable
Founded by Khalid Aoussar, Tarik, and Youssef—alumni of Timeless Investment GmbH, RemotPass, and Pipedrive—VOVE ID is on a mission to revolutionize how businesses handle identity verification. Their platform uses AI-powered KYC (Know Your Customer) tools, offering a secure and user-friendly solution that simplifies onboarding while staying fully compliant with regulations.
At the heart of VOVE ID’s offering is the idea of “verify once, use everywhere.” Users can create a single, reusable digital identity. This makes it easier and faster to sign up for multiple platforms without going through the verification process again.
Key features include:
- ✅ Biometric authentication
- ✅ Automated document verification
- ✅ Modular integration for businesses
- ✅ Pay-as-you-go pricing
This makes it especially attractive for startups and SMEs, who often find enterprise-grade KYC tools out of reach.
Aiming Big, Starting Local
With this new round of funding, VOVE ID plans to:
- ✔️ Expand regionally across Africa and MENA
- ✔️ Enhance its platform with new features and integrations
- ✔️ Grow its team to support increased demand
And it’s not just about the money. As part of The Baobab Network’s accelerator programme, the VOVE ID team will also receive strategic mentorship and access to a network of experts to help them scale quickly and navigate regulatory challenges.
“Having The Baobab Network on board is a game-changer,” said CEO Khalid Aoussar. “We’re building a future where verifying your identity is seamless, secure, and accessible—no matter your business size or location.”
A Big Opportunity in a Growing Market
The global KYC market is worth a massive $18.6 billion, and VOVE ID wants a piece of that pie—especially in emerging markets where digital identity solutions are still evolving. Their approach makes it possible for even the smallest businesses to roll out robust, compliant verification systems without breaking the bank.
As more businesses go digital across Africa and the Middle East, VOVE ID is well-positioned to become a key player in building the region’s digital identity infrastructure.