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Idwall

“Can a Brazilian KYC vendor become the identity & antifraud orchestration layer for all of LatAm's regulated industries?”

Founded2016
HQSão Paulo, Brazil
FoundersLincoln Ando, Raphael Melo
Total raised~$50M+
Latest roundSeries C, 2021
IndustryInfrastructure / KYC

The story

Founded 2016 as an automated background check tool for Brazilian businesses. Expanded into a full digital identity, KYC/AML and risk analysis platform serving banks, fintechs and marketplaces in LatAm. Most recent evolution is the idwall Marketplace / Custom Integrations layer (2024) — positioning idwall as an orchestration platform that aggregates third-party antifraud vendors rather than just a point KYC solution.

Last 12 months

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Product timeline

2016

Founded by Lincoln Ando and Raphael Melo as an automated background check solution in São Paulo· pivot

2019

Raised R$40M Series B led by Qualcomm Ventures' AI fund — first LatAm investment from that fund· funding

2021

Raised $38M Series C led by Endurance; expanded into full identity validation and risk analysis suite· funding

2024

Launched Marketplace / Custom Integrations ecosystem to centralize third-party antifraud tools on the idwall platform· pivot

The stack

Accounting gap: none