Idwall is a Brazilian Start Up, specialised in automated identity validation and fraud prevention solutions, which has just sold part of its shares in a 10M$ round.
Lo ha hecho a nuevos inversores como Qualcomm Ventures.
Online fraud and identity theft is a global problem that knows no barriers or borders.
But Brazil, in particular, ranks second in the world for these crimes, with one attempted fraud every 16 seconds.
There, they can cost around 15M$ annually.
In addition to being a problem for Brazil's own citizens, this can be an obstacle for the country's economy.
With the numbers involved, other countries may question the suitability of the place to do business.
To address this problem and to try to tackle it, in 2016 the Idwall.
Based in São Paulo, this start-up began as an automated background check solution.
Since then, it has become one of the most specialised firms in identity and data validation products.
Helps companies digitally validate users' identities through AI and big data.
It is based on 3 axes:
Among its clients, we can find such important companies as Loggi, Ebanx or OLX.
A principios de este mes de noviembre, Idwall vendió parte de sus acciones en una ronda de financiación serie B, por valor de 10M$.
La operación estuvo liderada por Qualcomm Ventures.
También participaron otros inversores como Globo Group, uno de los mayores conglomerados de medios de comunicación y del sector inmobiliario más grande de América Latina.
Anteriormente, en 2018, esta Start Up ya hizo algo similar y vendió otra parte de su accionariado, recibiendo algo mas de 2M$ de los fondos brasileños Canary y Monashees.
With all of the above, Idwaall plans to further expand its services by the end of 2020.
Signaturit desarrolla un electronic signature software designed to offer trusted services that guarantee the legal security of all digital transactions from any device.
There is no need to install any application.
Recently, it was able to lift 7M€ in a Series A round.
Validated ID is a Catalan firm specialised in electronic signatures, electronic invoicing and digital invoicing..
It has three lines of business:
In addition, it has captured 2M€ in its latest round of funding.