Leadership:
Damien Dugauquier, CEO
Headquarters:
Singapore
QED Investment:
2024
QED Champions:
Founded in 2021, iPiD is a fast-growing, venture-backed fintech startup with a diverse international team boasting extensive experience from leading payment and technology companies such as SWIFT and Thomson Reuters. Based in Singapore, iPiD has a solid presence in countries including the United States, United Kingdom, the Netherlands, Belgium, the United Arab Emirates, India, Malaysia, and Vietnam.
iPiD's flagship offering, Validate, tackles the escalating issue of fraud and failed payments within the payment industry by confirming payee names and bank account details. This solution is especially effective in enhancing customer experience and combating authorised push payment (APP) fraud.The company serves customers across six continents and offers a global validation network covering over 2.8 billion accounts and 6,000 banks. For more information, visit: www.ipid.tech.
While instant payment transactions are growing exponentially, robust fraud prevention will be essential for their global scale-up. Confirmation of Payee in the UK is a case in point. We are excited to support Damien and iPiD team in their vision to build advanced payee verification solutions globally.
Sandeep Patil