Fidel API - About the company
Fidel API is a series B company based in London (United Kingdom), founded in 2013 by Subrata Dev and Andre Elias. It operates as an Open banking APIs for transactional data aggregation. Fidel API has raised $88M in funding from investors like Bain Capital Ventures, QED Investors and Nyca Partners. The company has 107 active competitors, including 37 funded and 18 that have exited. Its top competitors include companies like TrueLayer, Moniepoint and Solaris.
Company Details
Open banking APIs for transactional data aggregation. Its APIs enable developers to build event-driven experiences on top of payment cards. It allows users to build transaction data from the major card networks including amount, geolocation, precise time, merchant IDs, and more.
- Website
- fidelapi.com
- Social
- Email ID
- *****@fidelapi.com
Key Metrics
Founded Year
2013
Location
London, United Kingdom
Stage
Series B
Total Funding
$88M in 2 rounds
Latest Funding Round
Investors
Ranked
31st among 107 active competitors
Employee Count
23 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Fidel API
Fidel API is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FIDEL API HOLDINGS LIMITED CIN: 13870952 , United Kingdom, Active | - | - | ||
FIDEL LIMITED CIN: 8068829 , Germany, Active | May 14, 2012 | - | 23 (As on Dec 31, 2020) |
Sign up to download Fidel API's company profile
Fidel API's funding and investors
Fidel API has raised a total funding of $88M over 2 rounds. Its first funding round was on Sep 25, 2019. Its latest funding round was a Series B round on Apr 06, 2022 for $*****. 6 investors participated in its latest round. Fidel API has 24 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Fidel API:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 06, 2022 | 7482518 | Series B | 5265212 | 6923786 | 6248051 | 9878494 |
Sep 25, 2019 | 3013674 | Series A | 3273495 | 8059658 |
Access funding benchmarks and valuations. Sign up today!View details of Fidel API's funding rounds and investors
Fidel API's founders and board of directors
Founder? Claim ProfileThe founders of Fidel API are Subrata Dev and Andre Elias.
Here are the details of Fidel API's key team members:
- Subrata Dev: Founder of Fidel API and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Andre Elias: Co-Founder of Fidel API and founder of 1 other company.
Fidel API's Board of Directors
Fidel API's board has 2 active members. Subrata Dev is part of team and Salman Husain Syed is independent board member.Here is the list of Fidel API's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 4m | |
Independent board member | - | Current | 2y 8m |
View details of Fidel API's Founder profiles and Board Members
Fidel API's employee count trend
Fidel API has 23 employees as of Aug 26. Here is Fidel API's employee count trend over the years:
Uncover Fidel API's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Fidel API's Competitors and alternates
Top competitors of Fidel API include TrueLayer, Moniepoint and Solaris. Here is the list of Top 10 competitors of Fidel API, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueLayer 2016, London (United Kingdom), Series E | Provider of open banking infrastructure for digital payments and verification | $322M | 78/100 | |
2nd |  Moniepoint 2019, London (United Kingdom), Series C | Provider of integrated financial services for business and individual users | $266M | 75/100 | |
3rd | Provider of banking-as-a-service platform offering digital banking and payment solutions | $736M | 71/100 | ||
4th | Yapily 2017, London (United Kingdom), Series B | Provider of open banking platform facilitating payments and financial data access | $70.8M | 69/100 | |
5th | Plaid 2012, San Francisco (United States), Series E | Provider of a network for connecting financial accounts to applications | $1.32B | 69/100 | |
6th | Provider of open banking platform offering payment services and data enrichment | $359M | 69/100 | ||
7th |  Modulr 2016, London (United Kingdom), Series C | Provider of automated payment processing and financial infrastructure software tools | $200M | 68/100 | |
8th | Griffin 2017, London (United Kingdom), Series A | Provider of banking infrastructure and embedded financial product software interfaces | $67.4M | 67/100 | |
9th |  Bud 2015, London (United Kingdom), Series B | Developer of open banking API and financial data analysis for businesses | $103M | 67/100 | |
10th |  Railsr 2016, London (United Kingdom), Acquired | Provider of embedded finance platform solutions | $178M | 64/100 | |
31st | Fidel API 2013, London (United Kingdom), Series B | Open banking APIs for transactional data aggregation | $88M | 47/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Fidel API's competitors? Click here to see the top ones
Fidel API's Investments and acquisitions
Fidel API has a total of 1 investment in Thirdfort. Fidel API has not made any acquisitions as of now.Reports related to Fidel API
Here is the latest report on Fidel API's sector:
News related to Fidel API
•
Caruso and Fidel API Renew Partnership to Enhance Consumer Experience With Innovative Card-Linked OffersFintech Finance•Nov 08, 2024•Fidel API, Caruso
•
Fidel API to Enable Programmable Payments for Visa Clients and PartnersPYMNTS.com•Oct 06, 2022•Fidel API, Visa
•
•
Fidel API appoints ex-Mastercard and Marqeta exec Salman Syed as COOFinextra•Sep 13, 2022•Fidel API, Mastercard
•
Fidel API Accelerates Growth Plans with Appointment of Salman Syed as Chief Operating Officer and Establishes Presence in Silicon ValleyBusiness Wire•Sep 08, 2022•Fidel API, Marqeta
•
UK fintech Fidel API secures $65m Series B roundFinTech Futures•Apr 08, 2022•Fidel API, Bain Capital Ventures, Nyca Partners, QED Investors and 4 others
•
Flux Extends Retailer Offers And Real-time Cashback To A Significant Percentage Of Uk Cardholders Via A Partnership With Fidel ApFinancial IT•Mar 17, 2022•Flux, Fidel API
•
UK’s ThirdFort nabs $20M for tools to help with ID verification, and detect money laundering and payment fraudTechCrunch+•Mar 08, 2022•Thirdfort, Breega, Element Ventures, ComplyAdvantage and 8 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Fidel API
Explore our recently published companies
- Entrans - Prague based, 2003 founded, Funding Raised company
- Evolvez - New York based, 2019 founded, Unfunded company
- Kognico - New York based, 2003 founded, Unfunded company
- Happy Shark Media - New York based, 2019 founded, Unfunded company
- Spartan Institutional Research - New York based, 1996 founded, Unfunded company
- Ayoki Fabricon - Pune based, 1984 founded, Unfunded company
