1982 Ventures-backed IPID raises USD 16 million Series A led by Foundation Capital

By Public Technologies
  • Payment intelligence firm IPID raised a USD 16 million Series A led by Foundation Capital.
  • Strategic investors Citi, HSBC joined; existing backers QED Investors, Monk’s Hill Ventures, Quona Capital also participated.
  • 1982 Ventures, an early IPID backer via its Fund I, participated in earlier private financing rounds.
  • IPID provides bank account verification for financial institutions across more than 50 countries.
  • Proceeds earmarked to expand in the US, deepen its network, build capabilities in US payment rails, stablecoins, digital assets.


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