# iPiD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ipid

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.ipid.tech
- Total disclosed funding: $27M
- Latest round: Series A (Sep 24, 2026)
- Investors on record: 12

## About

Based in Singapore, and founded in 2021 by CEO Damien Dugauquier, Eddie Haddad, and Geertjan van Bochove, International Payments Identity (IPID) Pte. Ltd., d.b.a. iPiD operates as a provider of financial technology application integration (API) platform that enables one to make a payment anywhere around the world sing only a phone number or other alias. In September 2026, iPiD raised USD 18 million in series A funding led by new investor Foundation Capital, with participation from other new investors Citigroup and HSBC Group. Returning investors Monk's Hill Ventures, QED Investors, Quona Capital. The company plans to utilize September 2026 funding to expand its payment intelligence network, grow operations in the United States and Europe, and develop tools for payment verification, fraud assessment, and digital asset transactions. iPiD provides an application programming interface (API) platform that verifies payee name and bank account details and maps proxies with bank account details to enable cross-border payments. The company’s unique validation solution enables financial institutions to reduce authorized push payment fraud risk by validating the payee’s name and bank account details before the customer’s payment is made. The iPiD offers a fetch solution that uses a proxy addressing service to enable users to send cross-border payments to bank accounts based on a phone number or another alias. The firm’s API retrieves the name and account details mapped to the alias provided by financial institutions' customers. iPiD’s client base includes Bank Sahabat Sampoerna (Indonesia), CIMB (Malaysia), GCash (Philippines), YES BANK (India), Cashfree Payments (India), Wallex (Singapore), Opal Payments (Singapore), Moolahgo (Singapore), JiPay (Singapore), Equity BCDC (RDC), Exchange Bank of Canada (Canada).

## Funding rounds

- Series A, Sep 24, 2026, $18M — Foundation Capital, HSBC Group, Citigroup, QED Investors, Monk's Hill Ventures, Quona Capital
- Seed, Jun 5, 2024, $5.3M — QED Investors, Jungle Ventures, Monk's Hill Ventures, Quona Capital, Saison Capital, 1982 Ventures, Resolution Ventures
- Seed, Aug 31, 2022, $3.3M — Jungle Ventures, Saison Capital, 1982 Ventures, XA Network, Rapyd Ventures, Resolution Ventures

## Investors

- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Seed
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Seed
- 1982 Ventures (https://capitalatlas.ai/funds/1982-ventures) — Seed
- XA Network (https://capitalatlas.ai/funds/xa-network) — Seed
- Rapyd Ventures (https://capitalatlas.ai/funds/rapyd-ventures) — Seed
- Resolution Ventures (https://capitalatlas.ai/funds/resolution-ventures) — Seed
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed, Series A
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Seed, Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Seed, Series A
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- HSBC Group — Series A
- Citigroup — Series A