What is iPiD?
iPiD is a venture-backed fintech enterprise headquartered in Singapore, specializing in the development of robust payment infrastructure. By addressing the complexities of cross-border financial flows, the company provides essential tools that enhance transparency and speed for financial institutions and their end-users. The firm operates with a global footprint, maintaining a presence across Asia, Europe, and Africa, which allows it to navigate diverse regulatory environments and market requirements effectively. Its strategic positioning is further bolstered by an advisory board comprised of senior leaders from organizations such as the Bill and Melinda Gates Foundation and Microsoft, ensuring that its technological roadmap remains aligned with the evolving needs of global financial inclusion and digital transformation.
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 1982 Ventures, Resolution Ventures, Rapyd Ventures, and Jungle Ventures
Other Financing Round (2024): $5.3M led by Monk's Hill Ventures, QED Investors, and Jungle Ventures
Key Investors in iPiD
Monk's Hill Ventures
A venture capital firm specializing in early-stage investments for ambitious tech founders across Southeast Asia, focusing on scalable innovation.
QED Investors
A global boutique venture capital firm that provides hands-on operational expertise to disruptive financial services companies.
Jungle Ventures
A Singapore-based independent venture capital firm that partners with founders from the concept stage through to IPO, focusing on B2B and B2C growth.
What's next for iPiD?
With the successful closure of this major strategic investment, iPiD is well-positioned to scale its operations and deepen its market penetration. The company is expected to focus on enhancing its core product suite, potentially expanding its reach into new geographic markets while continuing to refine its proprietary technology. As the fintech sector moves toward greater interoperability and real-time payment capabilities, iPiD's focus on infrastructure will likely remain a key differentiator. Investors will be monitoring the firm's ability to convert this capital into sustained market share, particularly as it seeks to bridge the gap between legacy banking systems and the demands of the modern digital economy.
See full iPiD company page
