VerifyMe Nigeria secures financing from Consonance Investment Managers to fund expansion plans

NIGERIA – VerifyMe Nigeria, an ID verification and KYC (Know Your Customer) technology company, announced today it has secured a Series A financing for an undisclosed amount from Consonance Investment Managers. The company’s verification platform enables seamless, real-time ID verifications backed by the Nigerian Identity Management Commission (NIMC), Central Bank of Nigeria (CBN), Bank Verification Number (BVN), and Federal Road Safety Commission (FRSC) Driver’s Licenses. VerifyMe services enable employers to make informed hiring decisions, promote transparency and make workers and customers accountable. VerifyMe said that the funds will be used…

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AFEX secures new investment from Consonance Investment Managers to bolster operations

NIGERIA – AFEX Commodities Exchange Limited (AFEX), a leading commodity exchange company in Nigeria, has secured new investment from Consonance Investment Managers, a Sub-Saharan Africa focused early-stage and growth investment firm. The fund will be used to increase liquidity of the commodity markets and strengthen the firm’s operations and technology systems. In a statement, the company explained that with more participation in the sector, more innovative products will be listed over time. This according to AFEX, will translate to growth in Nigeria’s capital market and increased funds being directed towards…

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