Fidel API, a London based infrastructure FinTech, has raised $65mn in its Series B round.
In Brief:
The round was led by Bain Capital Ventures.
Fidel API enables services like identity, data and payments securely through APIs.
It provides these to customers across various industries.
What does this mean?
The Series B round, which also included NYCA Partners and QED Investors, furnishes Fidel API with the capital to accelerate what it’s calling “hyper growth mode” according to TechCrunch. Fidel API currenlty operates across Europe, North America, APAC and the Middle East.