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Jala

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Customer identity verification platform enhancing safety in informal economy transactions.

Overview

Jala is a fintech company that focuses on customer identity verification, particularly in the context of the informal economy. Its main product, Jala ID+, is a digital identity and transaction system that features a card with NFC and EMV chips for ATM transactions. The Jala ID+ app functions as a digital wallet for transaction management. The company targets individuals operating within the informal economy, aiming to enhance transaction safety and facilitate access to credit through collaborations with banking solutions. Jala employs advanced verification techniques, including voice and facial recognition, alongside a comprehensive KYC (Know Your Customer) system, to address issues related to security and trust in financial transactions.

Key facts

Founded
2018
Headquarters
Germany

Business model

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About Jala

What does Jala do?

Jala is a fintech company that focuses on customer identity verification, particularly in the context of the informal economy.

Where is Jala headquartered?

Jala is headquartered in Germany.

When was Jala founded?

Jala was founded in 2018.

Which sector is Jala in?

Jala operates in Fraud & Identity, part of Financial Technology.

Who are Jala's competitors?

Companies similar to Jala include MeuID, Mobile Connect & moi, and TrueID.