BlockBeats news, October 6th, Singapore-based fintech company IPID has completed a $16 million Series A funding round, led by Foundation Capital, with participation from Citigroup, HSBC, QED Investors, Monk's Hill Ventures, and Quona Capital. The funds raised will be used to optimize its global payment intelligence network and expand the construction of US payment channels, stablecoins, and digital asset markets.

