Fidel raises $18M to let developers build on top of payment data from Visa, Mastercard and Amex

Fidel has secured $18 million in funding to empower developers to access and build applications using payment data from major credit card companies, including Visa, Mastercard, and American Express. This initiative aims to enable more innovative solutions in the fintech space by providing developers with key transaction data.

Key Features

• Access to Payment Data: Developers can leverage payment data to enhance their applications.
• Integration with Major Card Networks: Seamless integration with Visa, Mastercard, and Amex allows for diverse use cases.
• Focus on Innovation: The funding will be used to enhance features and improve API capabilities for developers.

Implications

This funding round indicates a growing interest in leveraging transaction data for various applications, which could lead to more personalized financial services and better insights for businesses.