• 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1982 Ventures Pte Ltd published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.