Global Trade Alert
Global Trade Alert

Brazil: BNDES and Valid sign loan for the development of an artificial intelligence digital identity platform

Announcement

26 Mar 2026

In March 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Valid.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Mar 2026

Revocation date:

No revocation date

Updated: 01 Apr 2026
Local content incentive In force

Recent update from 01 Apr 2026:

The BNDES More Innovation (BNDES Mais Inovacao) credit line is subject to local content incentives. As such, so is the BRL 300 million (USD 57.2 million) loan to Valid, granted on 26 March 2026 by ...

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Updated: 01 Apr 2026
State loan In force

Recent update from 01 Apr 2026:

On 26 March 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Valid signed a BRL 300 million (USD 57.2 million) loan. The loan will finance the creatio...

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