WalliD is a technology company.
WalliD has raised $670K across 1 funding round.
WalliD has raised $670K in total across 1 funding round.
WalliD has raised $670K in total across 1 funding round.
WalliD's investors include Armilar Venture Partners.
WalliD is a technology company building self-sovereign digital identity (DID) solutions through its CertiShop platform, which enables organizations to issue, verify, and manage verifiable credentials using W3C and eIDAS-compliant protocols without blockchain complexity.[2] It serves admins, designers, and developers via a no-code web app and SDKs, solving barriers to decentralized ID adoption like technical friction and compliance hurdles by abstracting wallets, keys, and cryptography while ensuring user data control.[2] Note: Separate entities named Wallid/Wall ID exist in e-commerce payments (Shopify-native pay-by-bank checkout founded 2022-2024, lowering fees via open banking).[1][3]
This positions WalliD as a portfolio company in the digital identity space, with growth tied to rising demand for secure, privacy-focused ID verification amid regulatory pushes like eIDAS 2.0.[2]
WalliD emerged to address the complexity in digital ID adoption, focusing on self-sovereign identity (SSI) and DID 2.0 amid fragmented standards and blockchain barriers.[2] Specific founders and founding year are not detailed in available sources, but the company aligns with recent fintech/ID innovations, likely post-2020 given eIDAS evolution and SSI momentum.[2] Early traction stems from CertiShop, a platform simplifying credential issuance for non-technical users, marking a pivotal shift to frictionless, compliant digital certificates.[2]
Distinct from this, e-commerce Wallid.co Ltd was founded around 2022-2024 in London by Nikolay Mukhanov (CTO, ex-S7 Techlab) and Ilya Mikin (CEO, ex-iHerb, Darden MBA), raising $300K+ from SFC Capital; it pivoted Shopify merchants to AI-personalized pay-by-bank for cost savings.[1][3][4]
(For e-commerce variant: Shopify-native integration, AI-driven pay-by-bank reducing fees/chargebacks, cVRP for one-click repeats.)[3]
WalliD rides the decentralized identity (DID) and SSI wave, fueled by privacy regulations (eIDAS 2.0), Web3 maturation, and backlash against centralized data breaches.[2] Timing is ideal as enterprises seek compliant alternatives to OAuth/passports, with market forces like EU digital wallet mandates and rising KYC/AML needs amplifying demand.[2] It influences the ecosystem by democratizing DID for non-blockchain natives, accelerating adoption in finance, e-commerce, and govtech while bridging standards gaps.[2]
WalliD is poised to scale CertiShop amid eIDAS 2.0 enforcement (2026+) and global SSI standards convergence, potentially expanding to enterprise wallets and zero-knowledge proofs.[2] Trends like AI-enhanced verification and regulatory harmonization will shape its path, evolving it from enabler to ecosystem leader—tying back to its core mission of accessible digital ID 2.0 for all.[2]
WalliD has raised $670K across 1 funding round. Most recently, it raised $670K Seed in October 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2019 | $670K Seed | Armilar Venture Partners |