Portfolio
4
companies
Diesta
Diesta provides software for insurance payment operations.
Fidel
Fidel provides an API that connects developers to major card networks for real-time payment data.
Purple Dot
Purple Dot provides waitlist and pre-order infrastructure for fashion retailers.
Velocity
Velocity builds payment infrastructure for enterprises to manage capital across traditional and digital assets.
The pre seed round was led by Activant Capital and saw backing from several fintech funds and industry executives.
"This isn’t about replacing the old with the new; it’s about intelligently integrating both. We’re not chasing crypto hype, we’re leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations."
The seed round was led by FinTech Collective to support international expansion and product enhancement.
"The status quo surrounding payment processing in the insurance industry is stuck in the 20th century and cannot last"
OpenOcean led the Series A financing for Purple Dot to support platform development and market expansion.
The investment round was co-led by Nyca Partners and QED Investors to support international expansion and product development.
"Though the card networks have built extremely robust infrastructure, alternative payment methods are evolving and consumer choice will be driven by value. Our goal at Fidel is to supercharge innovation by empowering everyone in the ecosystem. By making it easy for developers to build on top of the infrastructure, the card networks stay relevant. By removing the barriers to entry for developers, applications can be brought to market more quickly. That drives value back to consumers, who get the same benefits and user experience they are used to receiving with other online services."
