Covee AI Raises $750.0K Pre-Seed Round

IPID

Every payment starts with a decision. Most are made on incomplete intelligence. Before a payment moves, IPID brings certainty to the questions that matter. Is the name right, on the right account, and does paying it carry fraud risk. Does it clear the regulatory requirements that apply. Is it routed correctly, priced fairly, and built to grow payment margins. And does it carry the bank reference data, structured address requirements and routing intelligence it needs to succeed. IPID answers them before a payment is sent, giving banks, PSPs, platforms and corporates confidence that money is going to the right place, through the right route, at the right cost, and within the rules. Through one API connection, our clients reach 6,500+ financial institutions and 4 billion+ bank accounts across 50+ countries, covering around 90% of the global banked population. We help organisations stay ahead of regulations including the EU's Verification of Payee (VoP), the UK's Confirmation of Payee (CoP), FATF Recommendation 16 and Nacha, while reducing fraud and operational costs at scale. Trusted by Citi, Emirates NBD, Abu Dhabi Commercial Bank, Hana Bank, Alfardan Exchange, Nium and Eftsure. We don't replace banks, payment rails or existing infrastructure. We make them safer. Ready to bring decision intelligence to your payment flows? Get in touch at ipid.tech