Search Results for "Commerce Ventures"
2 results for "Commerce Ventures"
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Fidel API Raises $65M Series B for Card-Linked Infrastructure APIs
London-based Fidel API raised $65 million in Series B funding led by Bain Capital Ventures, bringing total capital raised to $88 million. The company provides API infrastructure enabling developers to securely connect payment cards to applications. The round underscored strong investor demand for fintech infrastructure even as broader global venture funding cooled in early 2022.
Moov Financial Raises $5.5M Seed for Open-Source BaaS Platform
Moov Financial, an open-source Banking-as-a-Service platform, raised $5.5 million in a seed round led by Bain Capital Ventures. The round included participation from Canapi Ventures, Commerce Ventures, Gradient Ventures, RRE Ventures, Uncorrelated Ventures, Veridian Credit Union, and 27 angel investors. Moov enables companies to embed financial services like receiving funds, storing value, and remittances via a single API with a developer-first, modular approach.