FACEKI introduced that it has raised an undisclosed quantity in a pre-seed funding spherical by Nama Ventures.
The push for digitisation has led to an unprecedented stage of id theft and account takeovers. FACEKI Biometric Facial Recognition and Identification Verification platform assist organisations confirm and onboard their customers, particularly when it comes to combating fraud. FACEKI licensed anti-spoofing options assist organisations make it possible for the customers on the different facet of the display are actually who they declare to be.
FACEKI was based in March 2020 by Hamza Al-Ghatam, Dr Mustafa Marhama and NabeelRadhi, combining their huge expertise and information in Safety, Cybercrime, AI, and Advertising to create next-generation cloud biometrics and verification know-how. FACEKI’s concentrate on innovation has led them to win quite a few awards in 2021, together with the gold award because the Most Progressive Expertise Startup in MENA. In addition to profitable The Greatest Facial Recognition Authentication Platform within the Center East.
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“We aspire to offer a extra handy and frictionless verification resolution to assist make buyer onboarding expertise easy, protected and safer.” Stated Hamza Al-Ghatam, Co-founder and CEO of FACEKI. “We’re delighted to have Nama Ventures as an investor and a accomplice, with the purpose to assist us develop our workforce, speed up know-how innovation, and attain new markets globally.
”It’s no secret that id administration and theft has turn out to be a paramount downside in our societies right now. We have been at all times trying to discover a know-how startup in MENA that’s addressing this problem head-on” mentioned Mohammed Alzubi, founder and managing accomplice of NamaVentures. “After we met the FACEKI workforce, we have been actually blown by how complementary the skillsets of the workforce are to deal with this challenge. We now have little doubt that Hamza, Mustafa, Nabeel,and the superior workforce of FACEKI will do wonders within the id administration and securityspace in MENA ”.