Dojah, a leading African identity and risk-intelligence company, has released a new white paper titled “The State of Fraud & Risk Intelligence in Africa: How continuous profile scoring is powering safer transactions and digital trust”.
The report warns that fraud is accelerating faster than digital trust, even as Africa’s internet economy is projected to reach an estimated USD 180 billion valuation by 2025 (Google & IFC).
Drawing on public research, regulatory data, and Dojah’s operational insights across more than ten African markets, the paper highlights that Africa loses USD 4–4.6 billion annually to identity-driven fraud (INTERPOL 2025). Synthetic identities and account takeovers now dominate, exposing the limits of one-time KYC checks.
“Africa’s digital economy is growing faster than its trust infrastructure,” said Tobi Ololade, CEO of Dojah. “To unlock the region’s USD 180 billion opportunity, businesses must move from verification to intelligence and continuously understand user risk.”
“Our goal with Profiled Risk is simple. We want to give African businesses the clarity they have been missing in their risk decisions,” said Ayomide Oso, Head of Product and Cofounder at Dojah. “Fraud often hides inside normal customer activity. Continuous profile scoring helps businesses identify behavioural patterns in real time and build lasting digital trust.”
Key insights from Dojah’s 2025 White Paper
- Approximately 850 million people worldwide still lack formal identification, with sub-Saharan Africa accounting for the largest share (World Bank ID4D, 2023).
- Identity-driven fraud costs African economies USD 4–4.6 billion every year, led by synthetic IDs and account takeovers (INTERPOL 2025).
- Authentication-stage fraud now surpasses onboarding fraud (TransUnion 2023).
- Continuous, multi-signal risk assessment combining identity, device, behavioural, and contextual data provides a scalable pathway to digital trust.
The report also previews Profiled Risk, Dojah’s AI-powered risk-intelligence platform launching in November 2025, and connects to the upcoming 2025 Fraud Insight Report, which will offer deeper regional fraud benchmarks.
The white paper is available for free download HERE.
For media enquiries: marketing@profiledrisk.com | www.profiledrisk.com
About Dojah
Dojah is an African identity verification and risk-intelligence provider serving fintechs, banks, and digital platforms across 10+ countries. The company offers APIs and solutions for onboarding, compliance, and transaction monitoring, enabling instant, confident risk decisions.
In 2022, it became a Y Combinator portfolio company and is consistently ranked on the list of top identity verification startups in Africa.
