25
Jul-2018

Q+A with iF Client: Verifimi

Verifimi is an Identity Management, Authentication & Verification Platform (IMAVP) with a companion App used in all economic sectors including financial services and healthcare. Verifimi enables the real-time corroboration of any individuals claimed digital identity with an implied or notional level of trust.

  1. What was the inspiration for your Company?

Verifimi builds on its parent company’s demonstrated capabilities in identity management. The development of Verifimi was inspired by solving Identity Management, Authentication & Verification utilizing BYOD in emerging markets and Low Resources Countries (LRCs). Verifimi builds on its parent company’s demonstrated capability in Leveraging Informatics to enable Processes, Procedures, Organizations and Entities Function Optimally. Identity Access and Management (IAM) to platforms belonging to companies of varying sizes is becoming an integral part of leveraging informatics.

  1. When did your Company start? What year? Who is your team?

Verifimi was incorporated in June 2017 and existed as a core unit of AAJIMATICS Inc. Currently, Verifimi’s team includes Adekunle Ajiboye, Yele Okeremi-CEO of PFS & Allan Valera-Senior Developer.

  1. How has Innovation Factory helped you?

Understanding your stakeholders is vital in modern day business. Innovation Factory has assisted with and helped Verifimi by providing key introductions to stakeholders, including government and financial services. After all, it is the stakeholders who will shape and influence the success of your business.

  1. What is the most challenging part of being an entrepreneur?

There are not many more thrilling moments for an entrepreneur than clinching your first sale. However, that was also Verifimi’s most challenging part starting up. With anything, getting started is the hardest part and your first sale can dictate your future sales.

  1. What makes you different from your competitors?

There are a lot of identity management companies – especially in today’s technologic world – but what separates Verifimi from competitors is that Verifimi focuses on LRCs and the use of ubiquitous BYOD. Verifimi is an Identity Management, Authentication & Verification Platform (IMAVP) with a companion App used in all economic sectors including financial services and healthcare. Verifimi enables the real-time corroboration of any individuals claimed digital identity with an implied or notional level of trust.

  1. What role does innovation play in your business?

Innovation in general is at the heart of Verifimi. As a Company, Verifimi continues to be inspired and sustain innovation daily as technology and security is always changing.

  1. What is the best recognition you have received?

AAJIMATICS Inc. which now owns Verifimi has been nominated for Small Business of the Year, while Adekunle has been nominated as Entrepreneur of the Year! All this became possible because of our stakeholders – the ones that were introduced to Verifimi by Innovation Factory.

  1. What are your plans for the next year? 5 years?

As always, Verifimi’s plans include being and sustaining innovation. However, Verifimi intends to Go Live with their first client in Nigeria in the Q4 of 2018 and expand into other emerging markets over the next two years.

9. Do you have any advice for young professionals or students studying to pursue a career in your field?

Whether you’re a main street enterprise, a high-tech start-up or an established growing business, Verifimi has three words for you: Persistence, Focus, and Execution.

 

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