iPiD has secured $5.3 million in a pre-Series A funding round led by Monk’s Hill Ventures, with participation from QED Investors, Quona Capital, and other partners.
Founded in 2021, iPiD aims to enhance global payment security and convenience through its payee verification solutions. The funds will accelerate the rollout of these solutions in Europe and support compliance with upcoming regulations. iPiD also plans to expand its focus in Asia, particularly Southeast Asia, to improve cross-border payment efficiencies.
