What is iPiD?
Founded in late 2021 by a global team with extensive experience at major payments and technology firms like SWIFT and Thomson Reuters, iPiD is a fast-growing fintech startup headquartered in Singapore. The company operates with a distributed global team across India, Belgium, Malaysia, Netherlands, South Africa, Spain, and Vietnam. iPiD'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, cloud technology, and digital transformation. This strong leadership and advisory backing position iPiD as a key player in the evolving fintech landscape.
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 Jungle Ventures, Rapyd Ventures, 1982 Ventures, and Resolution 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 leading global venture capital firm specializing in early-stage, disruptive financial services companies. Their hands-on approach and deep entrepreneurial experience help portfolio companies achieve breakthrough growth.
Jungle Ventures
Jungle Ventures is a major independent venture capital firm in Southeast Asia, focusing on early and growth-stage startups. They partner with founders from concept to IPO, supporting scalable global businesses.
Monk's Hill Ventures
Monk's Hill Ventures invests in ambitious tech founders in Southeast Asia at the Series A stage, aiming to foster innovation and build a strong startup ecosystem.
What's next for iPiD?
The substantial enterprise-level funding, particularly the recent strategic investment, signals a pivotal growth phase for iPiD. This capital infusion is expected to fuel further product development, market expansion, and the scaling of its operations. With a clear focus on innovation and a robust global team, iPiD is poised to leverage this financial backing to solidify its market position and drive significant advancements in the fintech industry. The company's trajectory suggests a move towards broader market penetration and potentially new service offerings.
See full iPiD company page
