Celebrating Smile ID's 200M Verifications Milestone & Release of Nigeria's First Ever eKYC Report

Today, we’re thrilled to share not one but two major updates that highlight the strides we’re making in shaping digital identity in Africa. At Smile ID, we’ve been privileged to witness the transformative power of identity verification in Nigeria.

Today, we’re proud to announce our crossing of the 200 million identity verification milestone and unveil the 2024 Nigeria eKYC Report—a first-of-its-kind analysis that highlights the transformative strides Nigeria has made in digital identity verification.

This month, we surpassed 200 million identity verifications across Africa, doubling our impact in just 11 months. This milestone reflects the growing trust in our solutions to deliver secure, reliable, and scalable identity verification for businesses like yours.

We’re empowering businesses to onboard millions of users securely, preventing thousands of fraud attempts, and driving financial inclusion across Africa.

This has been made possible by our valued customers, partners, and dedicated team. Thank you for supporting our journey so far.

Nigeria’s First Ever eKYC Report

As we celebrate this milestone, we’re also reflecting on one of the insights that have brought us here—insights we’re proud to share in the 2024 Nigeria eKYC Report, the first comprehensive analysis of Nigeria’s digital identity landscape.

This report comes at a critical time as digital identity verification becomes central to fostering trust, driving compliance, and scaling business operations. Using anonymised data from our verifications, the report highlights:

• Biometric verifications doubled, reflecting the shift toward fraud-resistant systems.

• NIN-based verifications surged 80%, positioning NIN as Nigeria’s eKYC cornerstone.

• 98% NIN database uptime, a benchmark for reliability in identity verification.

And more…

It also provides a clear view of Nigeria’s progress in eKYC adoption, key trends shaping digital identity verification and insights for businesses looking to scale securely in the digital economy.

Until next time,

The Smile ID Team.