How it works: Fidel API's technology gives developers at companies like Google, Royal Bank of Canada, and British Airways the ability to tap into real-time credit card transaction data from the likes of Visa and Mastercard. The company already has in office in New York City. Though largely Europe-based, some of Fidel API's largest customers are based out of the U.S., wrote CEO Dev Subrata in an email.Much of his job will be "aligning people inside the organization around the right vision, the right goals, and making sure that we're all moving in a concerted effort," he said, noting the company's rapid growth.With about 160 employees, the company plans to have about 200 by end of year. At Fidel API, he's tasked with helping bring the startup to its next stage of growth, and with building out its U.S.There, he saw the company grow from around 60 employees to over 800. Why it matters: The job change comes as the position of fintech COO has been increasingly in demand as a new crop of fintechs emerge and seek experienced executives able to bring products forward.īackground: San Francisco-based Syed previously spent nearly six years at card issuing platform Marqeta, where he was senior vice president of North America.
#Lightspeed stock series#
Fidel API is naming former Marqeta executive Salman Syed as COO and is opening a San Francisco office, the company tells Axios, after raising $65 million in April in Series B funding.
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