FIDEL API is a technology company.
Fidel API provides a single API for linking bank cards to applications globally, enabling real-time transaction capture and event-based experiences.
FIDEL API has raised $85.4M across 4 funding rounds.
Key people at FIDEL API.
FIDEL API has raised $85.4M in total across 4 funding rounds.
Key people at FIDEL API.
Fidel API is a global financial infrastructure platform that provides developers with APIs to link users' payment cards (Visa, Mastercard, American Express) to applications, capturing real-time transaction data for programmable experiences.[1][2][3][4] It serves developers and businesses building solutions like digital receipts, customer attribution, loyalty/rewards programs, expense management, and personal financial management, solving the problem of accessing card-linked payment events without POS integrations, bank logins, or sensitive PII.[1][3][4] Launched around 2013-2018, headquartered in London with offices in Lisbon, New York, and San Francisco (recent Silicon Valley presence), it has raised $83M total funding (including a $65M Series B), employs ~120 people, and reports $25.2M revenue, maintaining 99.99% uptime.[1][2]
The platform targets fintechs, startups, and enterprises in payments, enabling real-time engagement via secure tokenization and compliance tools, with strong growth via executive hires like COO Salman Syed (ex-Mastercard/Marqeta) to expand in North America, Europe, APAC, and Middle East.[1]
Fidel API was founded in 2013 (per some records) or launched in 2018, emerging as a developer-focused platform to simplify card-linking for loyalty, marketing, and payment services with zero friction and processing time.[1][2][5] Specific founders are not detailed in available data, but the company originated in the UK fintech scene, addressing the need for real-time payment event access amid open banking and embedded finance trends.[2][3] Early traction built on APIs for transaction records and card-linked offers, leading to $83M in funding across two rounds, with the latest $65M Series B ~3 years ago supporting global expansion to offices in Lisbon, New York, and a new Silicon Valley foothold.[1][2] Pivotal moments include recent leadership additions like COO Salman Syed in 2025 to accelerate go-to-market and operations.[1]
Fidel API rides the embedded finance and programmable payments wave, enabling developers to embed real-time card data into apps amid rising demand for personalized fintech experiences like AI-driven rewards and open banking analytics.[2][3][4] Timing aligns with post-2022 payment modernization (e.g., real-time rails growth) and regulatory shifts favoring secure data access, positioning it against competitors like Finix, Solaris, and Bud in the $3T+ payments sector.[2] Market forces include exploding card-linked offers (loyalty market ~$100B+), developer adoption of APIs for no-code integrations, and enterprise needs for attribution sans cookies; Fidel influences the ecosystem by democratizing payment events, boosting customer engagement for fintechs, and fostering innovation in expense/rewards via its global, compliant infrastructure.[1][3]
Fidel API is primed for accelerated scaling post-$83M funding and COO hire, likely prioritizing APAC/Middle East entry, AI-enhanced analytics on transaction data, and deeper partnerships with card networks.[1][2] Trends like real-time payments ubiquity, regulatory open finance mandates, and Web3/loyalty tokenization will propel growth, potentially elevating its role from niche API provider to core payments primitive. As programmable money matures, Fidel's developer-first edge could amplify its ecosystem influence, mirroring Stripe's trajectory in fintech infrastructure—watch for Series C or acquisition amid 2026's embedded finance boom. This builds on its core strength: turning passive card swipes into active, revenue-driving moments.[3][4]
FIDEL API has raised $85.4M in total across 4 funding rounds.
FIDEL API's investors include Accel, Afore Capital, Alpha Prime Fund, Altair Capital Management, Bain Capital Ventures, Citi Ventures, Commerce Ventures, Flint Capital, Mouro Capital, Operator Stack, Scale Venture Partners, Work-Bench.
FIDEL API has raised $85.4M across 4 funding rounds. Most recently, it raised $65.0M Series B in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $65.0M Series B | Accel, Afore Capital, Alpha Prime Fund, Altair Capital Management, Bain Capital Ventures, Citi Ventures, Commerce Ventures, Flint Capital, Mouro Capital, Operator Stack, Scale Venture Partners, Work-Bench, Amit Jhawar | |
| Sep 1, 2019 | $18.0M Series A | 8VC, Accel, Bessemer Venture Partners, Better Tomorrow Ventures, Catapult Capital, Citi Ventures, Dawn Capital, Flex Capital, Footwork, FTAC Ventures, Geek Ventures, Hoxton Ventures, Nyca Partners, Oak HC/FT, QED Investors, Scrum Ventures, Teamworthy Ventures, Y Combinator, Adrian Aoun, Amadeo Brenninkmeijer, Charlie Songhurst, Dan Ciporin, Ellen Pao, Joe Greenstein, Joshua Schachter, Steve Barham | |
| May 1, 2017 | $2.0M Seed | Martin Lorentzon | |
| Oct 1, 2014 | $360K Seed |
