Singapore-based fintech firm IPID has secured $16 million in a Series A funding round led by Foundation Capital. The round included participation from Citigroup, HSBC, and existing investors QED Investors, Monk's Hill Ventures, and Quona Capital.
The new capital will be deployed to enhance IPID's global payment intelligence network. The company plans to expand its infrastructure across U.S. payment rails while developing capabilities in stablecoins and digital asset markets.
Singapore Fintech IPID Raises $16M Series A Led by Foundation Capital
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