# IPID

> Payment-intelligence company that raised a $16 million Series A to help institutions verify payment recipients and risk.

## Why it is interesting

Instant-payment fraud and verification is a useful fintech infrastructure niche, with strategic participation from Citi and HSBC.

## Profile

- **Latest funding:** Series A — $16M (September 24, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $16M
- **Stage:** series-a
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-09-30
- **Latest funding investors:** Foundation Capital, Citi, HSBC, QED Investors, Monk's Hill Ventures, Quona Capital

## Key facts

- Sep 24, 2026: $16M Series A
- Foundation Capital led; Citi and HSBC participated

## Funding history

- Series A · $16M · September 24, 2026
  Source: https://ipid.tech/news/ipid-raises-16m-series-a-foundation-capital-citi-hsbc

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 30, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/ipid