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Smile Identity Startup Profile

Company Overview

KYC and identity authentication platform for banks, telecoms, financial services and shared economy applications

Company History

Smile Identity was founded in 2017. Public founder information in the source set points to Mark Straub, William Bares. Its latest captured funding/news event in the source set was in 2023, recorded as Series B.

Key Facts

Country Nigeria
Founded 2017
Founders Mark Straub, William Bares
Sector Fintech
Operational Status Likely active / unverified
Latest Round Series B, 2023, $20M
Total Disclosed Funding $31M
Website https://www.smileidentity.com/

Business Model

Smile Identity appears to operate a product-led business model in the Fintech sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.

Products and Services

  • Digital payments
  • Banking or treasury tools
  • Merchant or API infrastructure
  • Embedded finance

Funding and Market Position

Public deal records in the source set show 3 disclosed funding event(s), with about $31M captured in total. The most recent event is recorded as Series B, 2023, $20M.

Contact Information

The most reliable public contact channel in the source set is the official website: https://www.smileidentity.com/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.

Company Location

Operational Status

Public sources show activity in 2023, did not independently verify current operations beyond the source set. Status recorded here is a best-effort assessment as of March 21, 2026.

Why This Startup Matters

As a Nigerian startup in the Fintech space, Smile Identity matters because it addresses local market problems with a scalable digital product or operational model.

Sources

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