In the heart of Nigeria’s digital disruption stands BankID, a pioneering product launched by Finsel DGI, a wholly Nigerian-owned initiative.
Born from the vision of Confidence Jackmay, a tech innovator driven by a passion for his homeland, and Chigozie Lemoha, visionary explorer and product manager, BankID is both an authentication system and a catalyst for transforming Nigeria into a digital powerhouse.
Confidence Jackmay, and Chigozie Lemoha embarked on this journey driven by a shared vision. Confidence’s expertise in technology and Chigozie’s strategic acumen converged to conceive the product.
BankID embarked on a regulatory path, engaging key national institutions like NDPC, NITDA, and NIMC, gaining positive reception and paving the way for a transparent collaboration.
The Spark of Innovation
Inspired by global best practices and deeply rooted in their Nigerian heritage, the founders envisioned BankID as more than just a solution—it was a movement to empower citizens. Their exposure to international tech environments, coupled with a profound love for Nigeria, fueled the zeal to create a homegrown identity solution that would rival the best in the world.
Unlocking Trust, One Identity at a Time
BankID simplifies the complex ecosystem of digital identities by offering a seamless and secure online authentication experience.
Rooted in the Nigerian National Identification Number (NIN), BankID empowers citizens to protect their identity while accessing a world of digital services.
This innovative product acts as a bridge, connecting the people of Nigeria with the limitless opportunities of the digital age.
The goal is a barrier-free digital Pan-Africa, with Nigeria at its forefront. BankID is not merely a product; it is aimed at fostering a trusted framework for life commerce within and beyond Nigeria’s borders. As digital identities have become paramount, BankID has come to enhance reliability and security.
Digital Identity and the Verity of Nigeria’s September 16 Revolution
BankID’s Journey: From Concept to National Pride
The product’s journey began in March 2023, driven by the vision of a digital Nigeria. From stealth use among innovators to the release of the first alpha version, BankID has rapidly evolved.
In September 2023, BankID Console was unveiled, BankID Mobil beta-v0.0.3, and microservice API documentation suites, ending the stealth phase.
BankID Mobil, the digital mobile ID firewall for the Nigerian NIN, is at the core of the product’s offering. Through BankID Mobil, every Nigerian gains the right to control their identity, ensuring their data is accessed and used responsibly. From verifying transactions to signing documents and logging into websites, BankID simplifies the digital experience, putting the end-user first.
Presently, the company is actively pursuing transparent engagement with the Ministry of Interior and Digital Economy, with a focus on data harmonization aligning with national goals, opening avenues for collaboration and growth.
“The team continues to work tirelessly to ensure BankID becomes a national symbol of trust and security.”
The BankID Experience: More Than Just Authentication
Unlike any other identity framework in Nigeria, BankID puts the power back into the hands of the citizens. Anyone can transform their innovative ideas into reality without the burden of third-party authentication systems.
“We believe in providing higher value to our customers at a lower cost, making digital innovation accessible to all.”
Distinct from many startups that seek external investments, the founders chose a path of self-reliance. BankID’s journey, from ideation to execution, has been largely funded by Confidence’s own resources.
His belief in the transformative power of BankID led him to invest not just money but also his passion, time, and expertise. This self-funded approach speaks volumes about the dedication to the cause and desire to build something truly meaningful for Nigeria.
Moving forward, BankID’s mission remains clear: to secure the data of Nigeria’s vast human resources and empower every citizen with a trusted digital identity.
Beyond being a product, it’s a movement to bolster Nigeria’s potential in the digital landscape. The company invites developers to explore the BankID Console and start developing with its authentication and signature scopes after generating their credentials.
It’s as simple as plug-and-play, enabling developers to contribute to the digital transformation of Nigeria and shape the future of Africa, one secure digital identity at a time.
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