Author: Adarsh Kumar

Fidel API, a worldwide financial infrastructural network, has completed a $65 million Series B investment round. Fidel API is a world monetary architecture platform that enables the development of strong, real-time solutions on top of payment cards. Its technologies are changing the way businesses and users connect by enabling real-time, event-driven interactions, best-in-class loyalty and rewards programmes, and modernising procedures ranging from reimbursements to expenditure management. Funding Round Specifics The financing was headed by Bain Capital Ventures, with participation from previous backers NYCA Partners, QED Investments, and others. It takes Fidel API’s total investment to $88 million since its launch.…