iPiD

iPiD is a Singapore-based startup founded in 2021 with the slogan "Know Your Payee (KYP) - EU Verification of Payee (VoP); UK Confirmation of Payee (CoP); Global Validation." The company operates in the IT and Payments industries and recently secured a $5.30M Series A investment on 05 June 2024. The investment came from prominent venture capital firms including 1982 Ventures, Jungle Ventures, Quona Capital, QED Investors, Saison Capital, Resolution Ventures, and Monk’s Hill Ventures.

iPiD's vision is to simplify cross-border payments by partnering with financial services providers to deliver an addressing data platform, aiming to enhance the efficiency and user-friendliness of the payment journey. The company does not seek to replace banks, payment fintechs, wallets, or remittance companies; instead, it aims to work collaboratively with existing infrastructure to transform the cross-border payment experience. For companies seeking to improve their cross-border payment processes, iPiD offers solutions that could potentially revolutionize their payment operations.