IPID raises $16M Series A led by Foundation Capital with Citi and HSBC participation to expand payment intelligence globally.
PRIVATEOct 05, 2026
Amount Raised
$16 Million
Round Type
Series A
SingaporeFinancial ServicesFinanceFintechLending
Investors
1982 VenturesQuona CapitalMonk’s Hill VenturesQed InvestorsHSBCCitiFoundation Capital
Description
IPID, a payment intelligence and bank account verification company, has closed a $16 million Series A funding round led by Foundation Capital. Strategic investors Citi and HSBC participated alongside existing backers QED Investors, Monk's Hill Ventures, Quona Capital, and 1982 Ventures. The company provides bank account verification services across 50+ countries and plans to expand into US payments and digital assets. Proceeds will fund global network expansion, accelerated growth in the US and Europe, and development of capabilities for US payment rails, stablecoins, and digital assets.
Company Information
Company
IPID
Location
Singapore
About
IPID is a payment intelligence company that provides bank account verification services to financial institutions across more than 50 countries. The company offers decision intelligence solutions to help institutions verify recipients and assess payment risks before transactions are completed. IPID is expanding its operations into the United States payments market and digital assets, including stablecoins and US payment rails.
Fundz sees it the moment IPID raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SingaporeFinancial ServicesFinanceFintechLending