NGSign, a Megrine, Tunisia-based startup that facilitates the signing of electronic signatures, has announced it has raised 1.5 million dinars ($544k) from institutions and investment funds, without stating the identities of the investors.
The new funding will allow NGSign to consolidate its positioning in the Tunisian market and to develop to position itself as one of the leaders in electronic trust services in Africa and internationally.
From L-R: Khadija Ferjani (CTO & Co-founder), Mohamed Ali Tarhouni (CCO & Co-founder) & Moez Ben Mbarka (CEO)
A Look At What NGSign Does
Founded in 2016 by Khadija Ferjani and Mohamed Ali Tarhouni, NGSign is the first Tunisian online electronic signature platform. It allows documents to be signed and signed in complete security while guaranteeing the probative value of the signed documents. NGSign also offers advanced management of signature transactions (multiple signatories, multiple documents, multiple roles, etc.) and organizations (users and workflows).
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The NGSign platform offers several types of electronic signature and since May 2020 supports TunTrust’s DigiGO certificates. Its solutions are approved by TunTrust the startup’s partner in several national projects.
In 2018, Dr. Moez Ben Mbarka joined the team as CEO and expert in electronic signature after an experience of more than 11 years at a European leader in electronic signature and several years as a member of several working groups. ESI (groups of experts who publish European standards for electronic signatures which are also the reference standards in Tunisia and in the region).
The expertise of the founding team has enabled NGSign to develop a complete suite of trust services solutions including electronic signature (NGSign), Visible Electronic Seal (QRSecure) and management of electronic certificate requests (Remote Trust).
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NGSign’s solutions have enabled the adoption of electronic signatures by several public and private organizations, including the first bank and the first insurance company to switch to electronic signature. NGSign has also successfully exported to Africa since 2017 with several projects to implement eGov solutions and consultancy assignments.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer
NGSign funding