XA Podcast 027 | Two sides of the startup investing table

In this episode, a little reminiscent of a Shark Tank investing recap, we bring together a founder and their investor to hear both sides of the investment story. Why did the founder, Damien, choose the XA Network and what value did he get from it? And what did Keemin, the investor, see in iPiD to make him want to invest? Plus, get a peek into the problem that they are solving and how it’s going so far.

Our Speakers

Damien Dugauquier is the co-founder and CEO of iPiD, a first-of-its-kind service that makes cross-border payments easy by needing only a simple proxy for the payee’s identity. Prior to founding iPiD, he worked at SWIFT and various financial institutions.

Keemin Ngiam is Head of Legal at Netease and was previously Director, Legal at Netflix. He is a long-time angel investor and is one of the investors in iPiD, where he is also serving as a legal advisor.

Discussion Points

• [01:00] iPiD and how it is making cross-border payments easier and more fool-proof for institutions
• [9:43] Genesis of the idea and why they are the best people to solve it
• [12:25] Their journey so far
• [14:48] Fundraising and the value of the XA Network beyond money
• [19:32] The way forward
• [22:33] Keemin’s journey as a long-time angel investor in Singapore
• [23:45] How he sources deals and his portfolio allocation to angel investing
• [27:39] How he selects deals and the reasons he joined the XA Network
• [34:18] Why he invested in iPiD and how he is able to help them

Links

• Follow the show on Apple and Spotify
• View the transcript

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The XA Network (formerly Xoogler Angels) was founded in 2018 as an exclusive investment network comprising senior executives from leading global and regional technology companies. Our mission is to provide smart capital to early-stage companies across Southeast Asia. The XA podcast brings together voices from the ecosystem that powers early stage investing across this vibrant region. Our guests include entrepreneurs, Venture Capitalists and of course XA Network investors.

Find us online: Website | LinkedIn | Twitter

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