By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    Bobi Wine and Barbie Share First Joint Magazine Cover
    Bobi Wine and Barbie Share First Joint Cover on Parents Magazine in Kenya
    3rd November 2018
    Latest News
    Morocco beats Madagascar 3-2 to claim record third African Nations Championship title
    30th August 2025
    ‘Power to Win’: MTN MoMo unveils new promotion under ‘Power to Be More’ initiative
    30th August 2025
    Baby Gloria marries Mbaleka Jonas, the fellow singer she met through gospel music
    29th August 2025
    Uganda turns to electronic signatures to fight fraud and restore trust in government documents
    29th August 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    Maro, Maurice Kirya Help German singer Mark Forster Cross Over With “Chip In”
    17th November 2018
    Latest News
    Baby Gloria marries Mbaleka Jonas, the fellow singer she met through gospel music
    29th August 2025
    Joshua Baraka to headline debut Kampala concert in November
    29th August 2025
    Airtel Money, Uganda Breweries team up with Cindy Sanyu for ‘Royal Experience’ concert
    28th August 2025
    Jose Chameleone’s wife seeks divorce, citing five years of abandonment
    27th August 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    Santa Anzo and Inspire Africa at UNAA 2025.
    Inspire Africa joins Santa Anzo in coffee-meets-fashion showcase at the UNAA Convention in New Orleans
    30th August 2025
    MultiChoice backs beauty training to boost local storytelling.
    MultiChoice Uganda backs makeup masterclass to boost local talent, strengthen film industry
    31st July 2025
    Miss Uganda 2025 launch highlights shift in strategy.
    Search for Miss Uganda 2025/2026 Begins with Centralised Format
    13th June 2025
    Mental health advocate Hasset Dereje shines at Miss World, secures Africa title.
    Ethiopia’s Hasset Dereje Named Miss World Africa and First Runner-Up at 72nd Miss World Pageant
    2nd June 2025
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    31st May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: Biometrics Player iiDENTIFii Raises USD 15 Million in Record Funding
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Business > Biometrics Player iiDENTIFii Raises USD 15 Million in Record Funding
BusinessTechnology & Science

Biometrics Player iiDENTIFii Raises USD 15 Million in Record Funding

Lifestyle Uganda Editor
Last updated: 28th September 2022 1:38 pm
By
Lifestyle Uganda Editor
ByLifestyle Uganda Editor
Writer
Stay ahead with Lifestyle Uganda – your source for exclusive business, celebrity and entertainment news, stories, photos, and videos from Uganda, Kenya & Tanzania.
Follow:
- Writer
Share
4 Min Read
biometrics player iiDENTIFii raises record USD 15m (1)
SHARE

A US$15 million growth capital investment has been raised by iiDENTIFii, an innovative biometrics technology firm

biometrics player iiDENTIFii raises record USD 15m (1)

CAPE TOWN | LIFESTYLE UGANDA (http://lifestyleuganda.com/) — iiDENTIFii, the innovative biometrics tech firm, has raised US$15 million in growth capital. The round was led by African investment company Arise whose cornerstone investors include Rabobank Partnerships, Norfund, NorFinance and FMO. This is, to date, the largest African Series A in the identity verification space.

iiDENTIFii is a world leader in biometric authentication. Its advanced face authentication technology securely authenticates users via their cellphones or PCs within seconds. 

iiDENTIFii operates across several industry verticals and is used by the largest pan-African banks, insurers and mining houses for both customer and employee authentication. Its customers include Standard Bank, ABSA Bank, and Investec Bank. 

Investors in the round alongside Arise are growth-stage private equity firm Sanari Capital and veteran US tech entrepreneur Bill Spruill.

iiDENTIFii will use this investment to fund its expansion across Africa. Cybercrime within the financial sector is a growing threat to the continent. 

- Advertisement -
lifestyle uganda adwords

The consequences of attackers exploiting security vulnerabilities are particularly severe for financial services and banking apps that process sensitive financial information. 

The use of iiDENTIFii’s biometric authentication to protect access to this sensitive financial information makes iiDENTIFii’s solution an integral part of financial inclusion, digital inclusion, and identity inclusion on the continent. 

“I’m incredibly proud of our engineering team and our growth as a company over the past three years,” says iiDENTIFii Founder and CEO, Gur Geva. 

“This investment validates our central business thesis that we are the preferred partner for enterprise-grade identity in Africa. We’re excited to put the investment to work as we close in on our goal of authenticating every face in Africa. With this new funding and the networks of Arise, Sanari, and Bill – we confidently continue our mission of stopping identity theft in Africa.” 

“In addition to complementing Arise’s portfolio of bank investments across Sub-Saharan Africa, this investment heralds our foray into the African fintech market,” says Arise CEO Gavin Tipper. 

“We are excited about our partnership with iiDENTIFii, which will allow us to offer their unique technology to banks in Sub-Saharan Africa, strengthening digital anti-money laundering practices and advancing financial inclusion.” 

- Advertisement -

“At Sanari, we place a strong emphasis on digital and human enablement to unlock business potential,” says Sihle Gumede of Sanari Capital. 

“iiDENTIFii is, therefore, a great addition to our investment portfolio and we look forward to being part of its ongoing growth journey. We are excited about co-creating a scalable and sustainable pan-African biometrics business.”

- Advertisement -

“As an entrepreneur and investor, I’ve had a significant amount of experience with transformative technology,” says Bill Spruill.

“The work being done by iiDENTIFii is particularly exciting and I am excited to see the impact it has on the African continent.”  

iiDENTIFii recently won KPMG’s Tech Innovator in Africa award and will compete for the global title, taking place in Lisbon, Portugal in November 2022. It has previously, amongst other awards, won MTN App of the Year and Microsoft Independent Software Vendor (ISV) Partner of the Year.

About iiDENTIFii 

iiDENTIFii is a world leader in biometric authentication. Its advanced face authentication technology safely authenticates users via their cell phones or PCs within seconds. 

iiDENTIFii operates across several industry verticals and is used by the largest pan-African banks, insurers and mining houses for both customer and employee authentication. 

5 Ergonomic and Comfort Tips for Working at Home
Apple Became the First American Company to Hit the 2 Trillion Market Cap
Egyptian E-Commerce Star Cartona Raises Major Funding to Revolutionize Trade
Kabarihira Barbara is Jumia Food first female delivery rider
Karuma Bridge Reopens to Traffic, Minor Works Still Ongoing

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
ByLifestyle Uganda Editor
Writer
Follow:
Stay ahead with Lifestyle Uganda – your source for exclusive business, celebrity and entertainment news, stories, photos, and videos from Uganda, Kenya & Tanzania.
Previous Article What Manda Mobile Means for Uganda’s Mobile Users How Does Manda Mobile Work in Uganda?
Next Article jordan orange 5g lab opened The First Orange 5G Lab Has Opened in Jordan

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Morocco crowned CHAN champions as Africa turns to AFCON
Morocco beats Madagascar 3-2 to claim record third African Nations Championship title
News Sports
30th August 2025
MTN MoMo Uganda launches nationwide reward campaign with 10 million weekly cash prize.
‘Power to Win’: MTN MoMo unveils new promotion under ‘Power to Be More’ initiative
Business News
30th August 2025
Santa Anzo and Inspire Africa at UNAA 2025.
Inspire Africa joins Santa Anzo in coffee-meets-fashion showcase at the UNAA Convention in New Orleans
Business Fashion
30th August 2025
Baby Gloria completes marriage journey with Kampala church wedding.
Baby Gloria marries Mbaleka Jonas, the fellow singer she met through gospel music
Entertainment News
29th August 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up