3 years ago

Fidel API Secures $65 Million in Series B Funding to Expand Financial Infrastructure Platform

  • Fidel API, a London-based financial infrastructure platform provider, has raised $65 million in Series B funding led by Bain Capital Ventures

  • The company will use the funds to scale its workforce and product offerings, including investments into existing products and newer capabilities across identity verification, consent management, and payments.

      • ProblemTechnology Infrastructure

      "Developers struggle to create seamless and personalized experiences that enhance the value of using and accepting payment cards. They lack access to real-time data, identity information, and secure connections to payment cards."

      Solution

      "Fidel API provides a financial infrastructure platform that empowers developers with identity, data, and payments products. This allows them to securely connect payment cards to services or applications, capture consent permissions, and create highly contextualized and event-driven user experiences at the point of purchase."

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