The Challenge
Fintechs, banks, and other regulated businesses must verify the identity of every customer before granting access to financial services. With growing regulatory expectations from the CBN and other authorities, institutions need a fast, reliable way to confirm that customers are who they claim to be.
Manual verification is slow and error-prone. Without automated identity checks, businesses risk onboarding fraudulent accounts, failing regulatory audits, and exposing themselves to financial crime liability.
Our Solution
Sigma KYC provides instant identity verification by connecting directly to Nigerian government databases, enabling businesses to verify individuals and companies in real time:
Sigma KYC acts as a single integration point for all identity verification needs, removing the need to manage multiple third-party providers.
How It Works
Collect the customer’s BVN, NIN, or business registration number during onboarding
Call the Sigma KYC API with the appropriate endpoint and ID number
Receive verified identity data including personal details, address, and photo
Match the returned data and photo against the customer’s submitted information
For business accounts, verify CAC registration and review directors and shareholders