About iPiD
iPiD is a company based in Singapore (Singapore) founded in 2021 by Alain Raes, Geertjan Van Bochove, Edward Haddad, and Damien Dugauquier. iPiD has raised $24.6 million across 3 funding rounds from investors including Rapyd, Quona and Jungle Ventures. iPiD offers products and services including KYP Verification, EU Verification of Payee, UK Confirmation of Payee, and Global Validation. iPiD operates in a competitive market with competitors including Prime Trust, AuthBridge, Brankas, RootAnt and Inypay, among others.
- Total Equity Funding$24.6M (USD)
in 3 rounds
- Latest Funding Round$16M (USD), Series A
Sep 2026
- InvestorsRapyd
& 12 more
Products & Services of iPiD
iPiD offers a comprehensive portfolio of products and services, including KYP Verification, EU Verification of Payee, UK Confirmation of Payee, and Global Validation.
Service for verifying payee details to prevent fraud and errors
Tool for EU regulatory checks on payment recipients
System for confirming payee details in UK transactions
API for worldwide payee verification to reduce fraud
Funding Insights of iPiD
iPiD has successfully raised a total of $24.6M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $24.6M
- Total Rounds 3
- Last Round Series A — $16M
- First Round $3.3M
(Aug 2022)
- Investors Count 13
All 3 funding rounds of iPiD with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $16M | Series A | – | Foundation Capital | |
| Jun 2024 | $5.3M | Seed | – | Monk's Hill Ventures | |
| Aug 2022 | $3.3M | Seed | – | Rapyd, Jungle Ventures | – |
13 investors in total: 13 institutional.
Investors in iPiD
iPiD has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Rapyd, Quona and Jungle Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors. | – | jungle.vc | - | |
Early-stage fintech investments are focused on in Southeast Asia. | – | 1982.vc | Singapore, Singapore | |
Early-stage Fintech investments are made in Southeast Asia. | 2021 | resolution.ventures | Singapore, Singapore | |
Venture capital firm focused on pre-seed to series B stage companies | – | saisoncapital.com | Singapore, Singapore | |
Tech startups are supported through XA Network's angel connections. | – | xanetwork.co | Singapore, Singapore | |
VC firm investing in post-seed companies in Southeast Asia | – | monkshill.com | Jakarta, Indonesia | |
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | - | |
Venture capital fund investing in early-stage start-ups | – | qedinvestors.com | Alexandria, United States | |
- | – | foundationcapital.com | - | |
Global payment solutions are provided by Rapyd to businesses worldwide. | 2016 | rapyd.net | London, United Kingdom |
Investor details for iPiD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of iPiD
12 people are tracked at iPiD (9 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Alain Raes | Co-Founder & CCO | Leadership |
Geertjan Van Bochove | Co-Founder & COO & CFO | Leadership |
Edward Haddad | Co-Founder | Leadership |
Damien Dugauquier | Co-Founder & CEO | Leadership |
Ivan Chong | CTO | Leadership |
Samantha Bautista | Head Of Product | Leadership |
Connie | Operations Director | Leadership |
Greg Huguet | Regional Director - Europe | Leadership |
Stephen Slattery | Regional Director - Americas | Leadership |
Jean-Julien Ilunga | Regional Ambassador | Europe & Central Africa | Team |
Keemin Ngiam | Strategic Legal Adviser | Team |
Michael Moon | Strategic Market Development | Team |
Complete people profiles for iPiD
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of iPiD
3 dated milestones of iPiD across 5 years, from founding to its latest funding, stage changes and deals.
- Founded iPiD is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series A, of $16.0M.
Competitors of iPiD
iPiD operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prime Trust, AuthBridge, Brankas, RootAnt and Inypay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| primetrust.com | 2004 | Las Vegas, United States | $171.22M | 84 | Cloud-based AML and banking API solutions are provided for institutions. | |
| authbridge.com | 2005 | Gurugram, India | $11.2M | 1,017 | Identity verification, employee screening, and due diligence platforms are provided. | |
| brankas.com | 2016 | Singapore | $20.05M | – | Open finance platform and banking-as-a-service APIs are provided. | |
| rootant.com | 2019 | Singapore | $5.96M | – | SaaS-based investment platform is offered for financial institutions. | |
| inypay.com | 2022 | Singapore | $1M | – | Banking-as-a-service platform is operated for financial institutions. | |
| udpn.io | 2021 | Singapore | – | – | Provides a digital payment network for secure cross-border money transfers. | |
| q-platform.ru | 2015 | Moscow, Russia | – | – | Provides open banking API solutions for financial institutions. | |
| baas.is | 2019 | Regensburg, Germany | – | – | Banking as a service platform | |
| andsolutions.net | 2021 | Singapore | – | – | Offers AI-powered financial tech solutions for lending and credit scoring systems. |
Detailed competitors of iPiD
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of iPiD
The website of iPiD (ipid.tech) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 1.4% vs previous month
Latest news on Ipid
Complete news archive for iPiD
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to iPiD
10 companies that operate in the same segment as iPiD (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about iPiD
iPiD was founded in 2021 and raised its 1st funding round 1 year after it was founded.
iPiD is headquartered in Singapore, Singapore.
Damien Dugauquier is the current CEO of iPiD. They have also founded this company.
iPiD is a funded company, having raised a total of $24.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.3M, raised on Aug 2022.
iPiD was founded in 2021 in Singapore as a fintech company focused on payment processing. An API-based platform is provided to orchestrate data and facilitate global transactions using identifiers such as phone numbers, email addresses, Facebook IDs, and QR codes. Banks and payment fintech firms are enabled to integrate these services, supporting secure customer experiences while enhancing operational efficiency and cost management across international operations.
iPiD's top competitors include Brankas, AuthBridge and Prime Trust.
iPiD offers KYP Verification, EU Verification of Payee, UK Confirmation of Payee, and Global Validation.
iPiD has 13 investors. Key investors include Rapyd, Quona, Jungle Ventures, 1982 Ventures, and Resolution Ventures.
iPiD operates through International Payments Identity (Ipid) Pte. Ltd.