Starting a business is hard, but running and growing one is even more challenging. There are several processes involved in ensuring that a business remains functional, like tracking and filing taxes, dealing with employee payroll, monitoring inventory and expenses, and the many other activities that accompany running a business. 

Keeping up with the day-to-day demands of business operations is even more difficult for small and midsize businesses (SMBs), as they often consist of a small number of employees and a lean budget stretched for maximum cost-effectiveness. 

Entrepreneurs and owners of SMBs often struggle to keep up with these daily and repetitive activities while also prioritizing the core aspects of growing a business, like meeting the needs of their customers, building more innovative solutions, and striking new business deals and partnerships.

This is where Mima, the all-in-one business management solution, comes in. 

Mima provides tools all the important tools needed for successfully running a business, such as invoicing, tracking inventory, invoice processing, the ability to receive local and international payments, automated accounting, process automation, payroll, storing client data, petty cash disbursement, and more.

Challenge 

As a business management solution for SMBs, Mima had to carry out KYB checks to help verify the identities of the businesses they onboarded. It was important to know if the businesses that gained access to their platform were genuine or fraudulent.  

Mima needed a way to verify the registration number of businesses. This was a critical step in ensuring no scammers gained access to Mima’s platform and used it to perform fraud. It also helped ensure that they rendered their services to only genuine customers.

Solution

Mima partnered with Dojah to carry out KYB checks. They are able to verify the RC number of businesses during onboarding by leveraging Dojah’s Lookup CAC API. 

The API validates that a business is registered with the Nigerian Corporate Affairs Commission (CAC). It gives Mima access to company data like the company’s name, address, and registration date, which Mima can then compare with the data the customer submitted to confirm if they match.

Mima chose to partner with Dojah because of our quality customer support and the smooth and straightforward integration we offer; the integration process took less than 1 hour. 

Result

By integrating Dojah’s Lookup CAC API, Mima is able to secure their platform from fraud and ensure that they onboard only verified customers. Mima also has more time to focus on growing their platform and meeting customers’ needs.

With Dojah handling the verification front, they can conduct business safely and securely because they know who their customers are.

Start Guarding Against Fraud With Dojah

With Dojah’s business verification solution, you can perform complete KYB checks on business entities and securely form professional relationships. Our KYB solution gives you access to data on businesses from both local and global registries. Start verifying businesses by signing up. 

Beyond our business verification capabilities, you can also access our complete set of customer onboarding, fraud detection, and identity verification solutions on our all-in-one platform.

Contact us if you have any questions or schedule a demo session. Also, explore our website and documentation to learn more about our product offerings.