Nigerian startup Dojah is providing anti-fraud infrastructure that gives businesses the tools to detect fraud, monitor transactions, and ensure AML compliance.
Launched in January 2021 by Tobi Ololade and Ayomide Oso, Y Combinator alumni Dojah is a leading provider of all-in-one identity verification solutions, helping African businesses to build smoother interactions with real users and allowing these users to access more services easily.
Dojah’s verification tools transcend the whole customer journey – acquisition, activation, retention, continuous fraud monitoring, and customer level upgrade – all in one place.
“We help companies offering financial services and digital businesses stay secure, grow seamlessly, and ensure compliance. Our solution streamlines user onboarding, automates AML compliance checks, and proactively prevents fraud and identity theft through end-to-end verification and real-time monitoring,” Olalade told Disrupt Africa.
Africa faces rising fraud cases, inefficient transaction monitoring, and fragmented identity verification systems. Many businesses struggle with real-time fraud detection and compliance enforcement. Dojah bridges this gap by offering an integrated fraud prevention and identity verification system. Competitors include Smile ID, Prembly, Archer, Orc Credrails, Nethone, Sardine, and Sift, but Dojah differentiates itself with localised expertise, AI-driven fraud detection, and scalable transaction monitoring.
So far the startup, which has raised US$1.25 million in pre-seed funding, has verified 50 million identities, and it continues to expand its fraud detection capabilities.
“We currently operate in Nigeria, Ghana, Kenya, and South Africa, serving a range of financial and digital businesses. Beyond geographic expansion into other African countries, we are also scaling our user base through the increased adoption of our transaction monitoring solutions, as more businesses recognize the need for real-time fraud detection and AML compliance tools,” said Olalade.
“We operate on a B2B SaaS model, offering per-API pricing, subscription plans, and enterprise solutions. We’ve seen strong adoption and continue to grow revenue, though our focus remains on scalability and market expansion.”
