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iPiD enables banks and payment service providers to offer alias-based payments via an API, so users can pay using an alias instead of sharing traditional banking details. The API integrates with financial institutions and uses cloud hosting with decentralized data architecture, tokenization, and end-to-end encryption to securely process global transactions while respecting data privacy and localization rules. It differentiates itself by focusing on alias-based routing and strong privacy controls to minimize exposure of bank details and improve the user experience. The goal is to become the preferred destination for payments by reducing fragmentation in financial services and delivering a secure, privacy-preserving global payments experience.
Industries
Fintech
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$8.6M
Headquarters
Singapore
Founded
2021
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Total Funding
$8.6M
Above
Industry Average
Funded Over
2 Rounds
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Tazapay adds iPiD verification tools as cross-border payment volumes grow. Clients can now access real-time account validation and beneficiary name matching through their existing setup. Get the hottest Fintech Singapore News once a month in your Inbox Tazapay has added iPiD's payee verification tools to help businesses check payment recipients before sending money across borders. The integration embeds iPiD's Know Your Payee capability directly into Tazapay's platform. Tazapay provides local collection and payouts across more than 70 markets, alternative payment methods, virtual accounts, multi-jurisdiction licensing and stablecoin-to-fiat settlement. It serves more than 1,000 enterprises and fintechs across 30 countries, processing billions of dollars in annualised payment volume. Businesses can now access real-time account validation and beneficiary name matching through their existing Tazapay setup. iPiD's single-API model supports checks across different markets and payment schemes without requiring multiple local integrations. The move comes as Tazapay supports both traditional payment rails and stablecoin-to-fiat settlement, including for web3 companies and enterprises operating in emerging market corridors. Tazapay recently extended its Series B round, led by Circle Ventures with participation from Coinbase Ventures and CMT Digital. Damien Dugauquier, Co-Founder and CEO of iPiD, said, "Tazapay has solved something genuinely difficult in giving any business access to the full complexity of global payments through a single platform. When you're operating at that scale and across that many markets, trust in who gets paid cannot be an afterthought. That's what iPiD brings to this partnership - and why we're proud to be part of the infrastructure that helps businesses go global with confidence." Aayush Singhania, Chief Product Officer at Tazapay, said, "Businesses that come to Tazapay want to move money across borders without compromise. Integrating iPiD means we can now add payee verification to that promise, so our clients know the payment is going to the right place before it moves." Featured image: From left to right: Quinn Pham, Regional Director APAC, iPiD | Damien Dugauquier, Co-Founder & CEO, iPiD | Aayush Singhania, Chief Product Officer, Tazapay | Abhishek Sharma, Director of Banking Partnerships, Tazapay
iPiD expands Korea footprint through DOZN and Hana Bank partnerships. This reflects growing demand for tools that can help reduce fraud and payment errors in international transactions. Get the hottest Fintech Singapore News once a month in your Inbox iPiD has struck two deals in Korea, bringing its payee verification tools to DOZN's clients and Hana Bank's cross-border payment operations. DOZN, a Korean digital commerce and payments platform, will resell iPiD Validate to financial institutions, payment service providers and corporates in Korea. The real-time payee verification service allows users to check account details before a payment is made through features such as name matching, account confirmation and pre-payment validation. The partnership comes as Korean payment providers and businesses handle more cross-border transactions and face pressure to reduce fraud, prevent misdirected payments and improve efficiency. "Korea is one of the world's most dynamic digital economies. Our partnership with DOZN brings trusted, accurate payee verification to a market that is scaling rapidly across borders. Together, we're helping Korean institutions strengthen trust in every transaction," said Damien Dugauquier, Co-Founder & CEO of iPiD. Meanwhile, Hana Bank has deployed iPiD Node to support payee verification under the UK's Confirmation of Payee framework and Europe's Verification of Payee requirements. Through a single integration, the bank can confirm whether a beneficiary's name matches the account details before funds are sent across UK and European payment corridors. The setup is intended to reduce payment errors and lower the risk of authorised push payment fraud without adding operational complexity. Hana Bank said the service will support cross-border payments by businesses and individuals, including overseas transfers for expenses such as tuition and rent. Featured image: Edited by Fintech News Singapore, based on image by mrsiraphol via Freepik
Lean Technologies partners with iPiD to enhance global payee verification solution.
SINGAPORE, Aug. 11, 2025 /PRNewswire/ - Nium, the leading global infrastructure for real-time cross-border payments, today announced the expansion of Verify, its account validation service, in Europe, through a strengthened strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node.
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced its partnership with iPiD, a global Know Your Payee (KYP) validation provider. The collaboration will enable Emirates NBD to provide real-time beneficiary validation for cross-border payments. With this solution, customers can verify payee names, IBANs and account numbers in real time, before a payment is made. This will help reduce fraud, prevent transaction failures due to inaccurate details and boost efficiency.By integrating iPiD’s solution, Emirates NBD strengthens its fraud prevention strategy while laying the groundwork for scalable payee verification across global markets. This collaboration underscores Emirates NBD’s leadership in embracing innovative and advanced technologies to offer a safer banking experience.Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD, said: “At Emirates NBD we are committed to delivering an exceptional digital experience for our customers, underpinned by robust security and trust. Our partnership with iPiD – bringing global payee verification capabilities to enhance cross-border payments– reinforces this commitment
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Industries
Fintech
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$8.6M
Headquarters
Singapore
Founded
2021
Find jobs on Simplify and start your career today