What is iPiD?
Founded by a global team with extensive experience from major payments and technology firms like SWIFT and Thomson Reuters, iPiD is positioned as a fast-growing, venture-backed fintech startup. With its headquarters in Singapore and a distributed team across multiple countries including India, Belgium, Malaysia, Netherlands, South Africa, Spain, and Vietnam, iPiD is building a global presence. The company's advisory board features prominent industry figures, including Christian Sarafidis from Microsoft, Kosta Peric from the Bill & Melinda Gates Foundation, and Nick Lewins, an expert in data, AI, and cloud technology, signaling a strong foundation in expertise and strategic guidance.
How much funding has iPiD raised?
iPiD has raised a total of $8.6M across 2 funding rounds:
Angel/Seed
$3.3M
Other Financing Round
$5.3M
Angel/Seed (2022): $3.3M with participation from Resolution Ventures, 1982 Ventures, Jungle Ventures, and Rapyd Ventures
Other Financing Round (2024): $5.3M led by QED Investors, Jungle Ventures, and Monk's Hill Ventures
Key Investors in iPiD
QED Investors
QED Investors is a global venture capital firm focused on early-stage, disruptive financial services companies. They employ a hands-on approach, leveraging their partners' entrepreneurial and operational experience to foster breakthrough growth in their portfolio companies.
Jungle Ventures
Jungle Ventures is a leading independent venture capital firm in Southeast Asia, investing in early and growth-stage startups. They partner with founders from concept to IPO, aiming to build scalable global businesses.
Monk's Hill Ventures
Monk's Hill Ventures invests in ambitious tech founders in Southeast Asia at the Series A stage, supporting entrepreneurs who aim to drive significant change through technology.
What's next for iPiD?
The substantial enterprise-level funding and recent strategic investment indicate that iPiD is likely in a scaling phase, aiming to expand its market reach and further develop its innovative fintech solutions. The consistent backing from prominent venture capital firms suggests a clear growth trajectory and a robust business model. Future developments will likely focus on leveraging this capital for product enhancement, market penetration, and potentially expanding its global operational footprint, solidifying its position in the competitive fintech sector.
See full iPiD company page
