Moroccan regtech startup VOVE ID has successfully secured new investment from The Baobab Network, a significant step aimed at accelerating its growth across Africa and the Middle East. While the exact amount of funding has not been disclosed, this investment represents a pivotal milestone for the high-end digital identity verification company, which launched earlier this year and has quickly gained traction with its secure, AI-driven Know Your Customer (KYC) platform.
Founded in 2024 by Khalid Aoussar, Tarik, and Youssef—who are alumni of Timeless Investment GmbH, RemotPass, and Pipedrive, respectively—VOVE ID is on a mission to revolutionize the way businesses verify identities within the USD 18.6 billion global KYC market. The company’s innovative “verify once, use everywhere” approach allows users to leverage a verified digital identity across multiple platforms, streamlining the onboarding process while ensuring compliance with regulatory standards. The platform boasts advanced features such as biometric authentication and automated document verification, which have already attracted a diverse clientele across the MENA and African regions.
The newly acquired capital will be instrumental in supporting VOVE ID’s regional expansion, enhancing platform development, and facilitating team growth. As part of The Baobab Network’s accelerator program, VOVE ID will benefit from strategic mentorship and gain access to a broader ecosystem, enabling the startup to navigate regulatory challenges more effectively and scale its operations at a faster pace.
VOVE ID’s core mission is to democratize access to enterprise-grade KYC tools for startups and small to medium-sized enterprises (SMEs) that are often priced out of traditional solutions. With its modular integration, pay-as-you-go pricing model, and user-friendly interface, the startup empowers even the smallest businesses to implement robust verification systems without sacrificing quality or compliance.
“Having The Baobab Network on board is a game-changer,” said co-founder and CEO Khalid Aoussar. “We’re building a future where verifying your identity is seamless, secure, and accessible—regardless of business size or geography.” With this new funding and increasing momentum, VOVE ID is positioning itself as a crucial player in the digital identity infrastructure for emerging markets, paving the way for a more inclusive and efficient verification landscape.
