What is Fidel API?
Fidel API operates at the intersection of finance and technology, providing a robust platform that allows businesses to integrate real-time payment event data directly into their applications. This capability empowers clients to develop a wide array of solutions, including advanced digital receipts, precise customer attribution, sophisticated loyalty and rewards programs, efficient expense management tools, and comprehensive personal financial management applications. Since its inception in 2018, Fidel API has established a global presence with offices in London, Lisbon, and New York, complemented by a distributed remote workforce, positioning it as a key player in the programmable finance ecosystem.
How much funding has Fidel API raised?
Fidel API has raised a total of $83M across 2 funding rounds:
Series A
$18M
Series B
$65M
Series A (2019): $18M with participation from Taavet Hinrikus, 500.com, Elefund, Cris Conde, Commerce VC, Horizons Ventures, QED Investors, RBC Ventures Inc., and Nyca Partners
Series B (2022): $65M led by Bain Capital Ventures and Nyca Partners
Key Investors in Fidel API
Bain Capital Ventures
Bain Capital Ventures is a venture capital division focused on early-stage investments in disruptive financial services companies, known for its active involvement in portfolio growth.
Nyca Partners
Nyca Partners is a fintech venture capital firm specializing in seed to Series B investments across payments and infrastructure, providing capital and strategic support.
Horizons Ventures
Horizons Ventures is an investment firm that partners with entrepreneurs to transform startup ventures into successful companies, offering equity financing and active involvement.
What's next for Fidel API?
The recent major strategic investment in Fidel API's Series B round suggests a strategic pivot towards scaling operations, expanding market reach, and potentially accelerating product development. This level of enterprise-level funding typically indicates investor confidence in the company's business model and its potential for significant market disruption. Fidel API is likely to leverage this capital to enhance its core infrastructure, forge new partnerships, and solidify its position as a leader in providing real-time payment data solutions for developers worldwide. The company's focus on enabling programmable financial experiences positions it well for future growth in an increasingly digital economy.
See full Fidel API company page