iPiD, a global leader in payee validation services, is excited to announce a strategic partnership with Infinia, a cutting-edge financial services provider in Latin America. This reciprocal partnership enables iPiD to expand its validation coverage in key markets across Latin America, including Brazil, while Infinia will leverage iPiD’s advanced API to enhance its payee validation services.
This collaboration marks a significant milestone for both companies. Through iPiD's Validate API, Infinia will gain access to real-time payee validation, ensuring that their customers can confidently verify the identity of payees before making cross-border payments. In return, Infinia will support iPiD by providing localized validation capabilities in Latin America, further extending iPiD's global reach and enhancing the accuracy and security of cross-border transactions in this dynamic region.
"We are thrilled to partner with Infinia, a company that shares our commitment to innovation and excellence in financial services," said Damien Dugauquier, CEO of iPiD. "This partnership not only strengthens our position in Latin America but also provides Infinia’s customers with a powerful tool to reduce fraud and enhance the reliability of their payments."
“We are excited about our partnership with iPiD, which is integral to enhancing our payouts infrastructure. This collaboration not only ensures safer payments but also strengthens our commitment to providing secure, efficient financial solutions” said Ianai Urwicz, CEO of Infinia.
About iPiD
Founded in 2021, iPiD is a dynamic, venture-backed fintech start-up founded in late 2021 by a global team of senior leaders from major technology and payment companies, including Swift, BNP Paribas and Societe Generale. Our presence spans across the United States, United Kingdom, the Netherlands, Belgium, France, the United Arab Emirates, India, Malaysia, and Vietnam.
Today, iPiD operates the single largest global bank account validation network, covering billions of accounts and over six thousand banks, offered through our API-based Validate service. In countries where bank account validation is mandated by the regulators, ie. The Confirmation of Payee (CoP) in UK and Verification of Payee (VoP) in Europe, iPiD also provides a leading specialized solution, the iPiD Node, that enables our customers to comply with the CoP/VoP scheme at a minimum cost and tech resource. We serve a diverse clientele worldwide, ranging from multinational banks and remittance companies to technology firms, marketplaces, and super apps, demonstrating agility and adaptability to meet the needs of institutions of all sizes. Our vision is to simplify and secure global payments by fostering trust in the global financial ecosystem.We are committed to being a reliable partner who offers secure and efficient account validation solutions that meet the needs of the global market, making global payments safer and more reliable, and allowing businesses and individuals to transact with confidence.
For more information about iPiD and our solutions, please visit www.ipid.tech.
About Infinia
Founded in 2022 by seasoned payment industry experts who were part of the founding team of d-local, Infinia is a leading provider of real-time payment infrastructure.
Backed by Y Combinator and other prominent venture capital firms, Infinia operates across four continents, serving tier-1 Payment Service Providers (PSPs) and payment gateways with secure and efficient payment solutions.
For more information, please visit www.infiniaweb.com.