Valify Solutions

Valify Solutions is an Egyptian regtech company that provides digital identity verification software for banks, fintechs, and other service providers who need to remotely identify customers. Its suite covers eKYC (electronic Know-Your-Customer) and eKYB (Know-Your-Business), biometric/facial liveness detection, OCR-based document data extraction, National ID transliteration, AML sanctions-list screening, and digital contracts. Its verification flow combines liveness checks (e.g., asking a user to turn their head or smile), face matching against ID photos, and OTP-based phone verification, with a 'Root of Trust' feature that checks Egyptian National ID data against the national registry. Valify Solutions is licensed by Egypt's Financial Regulatory Authority (FRA) and won first prize (with a $30,000 grant) at the 2019 Arab Financial Inclusion Innovation Prize (AFIIP). Sources vary on the exact founding year, citing either 2018 or 2019, with founders reported as Omar Abdelwahed and Ibrahim Eid, and the company headquartered in Cairo.