Verifow

Verifow is an AML/CFT compliance platform for banks, fintechs, lenders, and other financial institutions across Africa, with tooling designed for Nigeria-focused compliance workflows.

Key capabilities include:

• Sanctions, PEP, and adverse-media screening with real-time name matching against lists such as UN, OFAC, UK HMT, and Interpol, plus PEP coverage across multiple countries.
• Transaction monitoring and rules engines with CBN-aligned scenarios (cash thresholds, structuring, dormant accounts, rapid succession) and a no-code custom rule builder using AND/OR logic in the dashboard.
• KYC and KYB verification for retail and businesses, including BVN/NIN checks (with liveness referenced on the website) and corporate CAC lookup with director screening.
• Regulatory reporting that generates CTR, SAR, and FTR outputs in CBN-ready formats, including immutable audit trails for decision logs.

Available via a web dashboard and REST APIs, with webhooks, SDKs (Node.js, Python, PHP, Go), and a sandbox for testing integrations.

Target users include compliance teams, risk teams, and engineering teams at banks, microfinance institutions, fintechs, and lenders.

Notable in the African market context for offering managed cloud or on-premise/local data-centre deployment in Nigeria for data sovereignty, plus Nigeria-specific compliance features such as CBN-aligned monitoring rules and BVN/NIN verification. Vendor-published case study material also describes a Buildbank MFB deployment completed in 24 hours and ₦97M+ in suspicious activity blocked.