What is Fidel API?
Founded in 2018 and headquartered in London, Fidel API operates as a crucial intermediary in the financial technology sector. The company provides a robust platform and tools that allow businesses to leverage real-time payment data from user cards. This capability empowers a wide array of applications, from enhancing customer engagement with digital receipts and rewards to streamlining expense management and offering insights into personal finance. With offices in Lisbon and New York, and a global remote workforce, Fidel API is positioned to serve a diverse international clientele seeking to integrate payment event data into their services.
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, QED Investors, RBC Ventures Inc., Nyca Partners, Commerce VC, and Horizons Ventures
Series B (2022): $65M led by Nyca Partners and Bain Capital Ventures
Key Investors in Fidel API
Nyca Partners
Nyca Partners is a venture capital firm that connects financial institutions with startup founders, managing significant assets and boasting a portfolio of over 100 companies. Their expertise spans broad and deep investment strategies, aiming to bridge gaps in the financial landscape.
Bain Capital Ventures
Bain Capital Ventures LLC is the venture capital arm of Bain Capital, managing substantial committed capital and investing in early-stage companies. They have a track record of backing prominent tech and e-commerce ventures.
500.com
500.com Limited is a leading online sports lottery service provider in China, offering a comprehensive suite of lottery services and information. They were among the first to provide online lottery services in China and have government approval for sales.
What's next for Fidel API?
The substantial enterprise-level backing Fidel API has received, particularly the recent strategic investment, signals a strong market validation and positions the company for accelerated growth and product development. This capital infusion is likely to fuel expansion into new markets, enhance its technological infrastructure, and broaden its suite of developer tools. As Fidel API continues to build out its global financial infrastructure, its focus will remain on empowering businesses with real-time payment insights, further solidifying its position as a leader in the card-linked services and programmable finance space.
See full Fidel API company page
