South African integrated identity platform Contactable has secured US$13.5 million in funding to accelerate its growth and strengthen its presence across Africa. Based in Centurion, the company has built a reputation as a leading digital identity and eKYC provider, offering businesses a seamless platform for onboarding, identity verification, fraud reduction, and compliance. With this new funding, Contactable aims to expand its solutions to more markets across the continent while driving innovation in the digital identity space.
The funding round was led by Venture Capitalworks, alongside co-investors Fireball Capital, Ke Nako Capital, and Mavovo. This significant investment reflects growing confidence in Contactable’s ability to deliver secure and trusted identity solutions that are essential for Africa’s fast-evolving digital economy. It also demonstrates investor recognition of the critical role digital identity plays in enabling financial inclusion and compliance across industries.
Contactable’s platform provides a single point of integration that enables businesses to securely manage the entire digital lifecycle of their customers. By doing so, it not only enhances customer onboarding and fraud prevention but also ensures businesses meet compliance requirements in an increasingly complex regulatory landscape. With the new capital, Contactable will also focus on advancing innovations in key areas such as Ultimate Beneficial Ownership, AI-driven solutions, self-sovereign identity, and payments integration.
According to Contactable CEO and founder Shaun Strydom, this investment is a major step forward for the company. He emphasized that the funding will allow Contactable to strengthen its platform, scale alongside its customers, and build digital identity infrastructure that underpins Africa’s growing digital economy. He further highlighted the company’s commitment to expanding into underserved markets and ensuring that secure identity solutions are accessible where they are most needed.
Brent Shahim, managing partner at Venture Capitalworks, underlined the importance of digital identity in unlocking Africa’s economic potential. He noted that digital identity is central to financial inclusion and broader digital transformation efforts. By partnering with Contactable, Venture Capitalworks aims to not only provide funding but also bring operational expertise and commitment to accelerating the company’s growth across the continent.
With this milestone, Contactable is well positioned to play a transformative role in Africa’s digital future. By empowering businesses with secure and efficient identity solutions, the company is helping to build trust, unlock opportunities, and drive economic growth. The investment marks a pivotal moment in Africa’s journey toward strengthening digital infrastructure and fostering inclusive growth through technology.
