IPID Raises $16M as Instant Payments Reveal a Global Blind Spot

• IPID raised $16 million in a Series A round led by Foundation Capital, with participation from Citi, HSBC, QED Investors, Monk’s Hill Ventures and Quona Capital.
• The company provides bank account verification and payment intelligence services to financial institutions in more than 50 countries.
• IPID aims to address the growing information gap in instant payments by helping institutions verify who is behind a receiving account before funds are transferred.
• Authorized Push Payment fraud is projected by LSEG to cause $331 billion in global losses by 2027.
• IPID plans to expand into U.S. payments and digital assets, including stablecoins, while accelerating growth in the United States and Europe.
• Its platform helps banks, payment service providers, platforms and corporates verify payees, assess fraud and regulatory risks, reduce operational costs and improve payment efficiency.

Jetzt bis zu 120 € Prämie sichern! Egal ob Trading, Sparen oder beides - bei SMARTBROKER+ ist für alle was dabei. Eröffnen Sie ein Depot bei Smartbroker+ und erhalten als Prämie jetzt bis zu 120 €!

Schreibe Deinen Kommentar