idWall Series C (IFC-44898)

  • Brazil
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jan 8, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Dec 10, 2020

Disclosed by Bank Dec 4, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

idwall (“the Company”) is a Brazilian based fraud prevention and identity verification software business. The Company offers onboarding technology that streamlines the KYC / AML process leading to efficiency gains and faster customer conversion. idwall’s solutions are applicable across industries and today customers include both large Brazilian enterprises and SMBs. In addition, the Company offers MeuID, a digital identity service for consumers to better monitor their identity or for businesses to continuously verify stakeholders.

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

1. Improved access to digital services for individuals, resulting in digital inclusion of the underserved: Access to digital services in Brazil is fairly high compared to other emerging markets and the share of adults using mobile / e-payment is above regional averages, yet slightly below income group averages. Similarly, the share of the population with proof of identity mirrors other emerging markets. Still, for the poorest, access to digital services remains less than half the national average, reflecting lower levels of trust. The project contemplates improved access to digital services by scaling up the digital ID product, which may enable users to gain affordable, secure access to online services thereby enabling their digital inclusion.

2. Enhanced productivity growth and cost savings for businesses through digital ID solutions: Despite a relatively high usage of ICT in B2B transactions, businesses incur high cost due to prevalence of corruption and fraud in Brazil.

3. Enhanced productivity growth and cost savings for businesses: idwall's products enable more efficient and secure interactions with customers. Automated processes lead to efficiency gains, cost savings, and
faster conversion of customers, which directly impacts profits.

4. Integration of the Brazilian economy through increased digitalization: While Brazil's economy is fairly integrated with adequate digitalization of transactions, few scalable digital ID solutions are available resulting in economic frictions and limiting the size of the digital economy.

5. Foster economic integration through the proliferation of private sector led digital ID platforms: The Company is introducing an innovative model that enables scale up of a digital ID. Successful expansion by the Company will demonstrate the viability of this model to competitors and potentially result in their replication.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Any funding information was available at the moment of the snapshot.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - IDWALL TECNOLOGIA LTDA Client Industry and Trade

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.


You can submit a request for information disclosure at:

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

How it works

How it works