Fideo is a financial operations platform that enables cross-border B2B businesses to manage international payments, compliance, and trade risk through a single dashboard. By automating these processes, Fideo reduces the complexity and time associated with financial transactions in over 170 countries, allowing businesses to operate efficiently and securely.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cross-border B2B businesses face complexities in managing international payments, compliance, and trade risk, often requiring them to navigate disparate systems and regulations across numerous countries. This can lead to inefficiencies, increased costs, and potential security vulnerabilities.
Solution
Fideo offers a financial operations platform designed to streamline cross-border B2B transactions, providing a unified dashboard for managing international payments, compliance, and trade risk. The platform automates key processes, enabling businesses to efficiently and securely collect and send payments in over 170 countries. By consolidating these functions, Fideo reduces the time and resources required for international financial operations, allowing businesses to focus on growth and expansion. The platform also offers tools for invoicing and reconciliation.
Target Audience
Fideo primarily targets MSMEs engaged in cross-border trade, including SME exporters/importers, service exporters, B2B marketplaces, and freelancers operating internationally.
Features
- Global payment processing in 170+ countries, supporting various local payment methods.
- Automated compliance management, eliminating manual paperwork and legwork.
- Trade and credit risk management solutions tailored to individual business needs.
- Access to capital solutions for growth and working capital requirements.
- Payment link generation for simplified buyer transactions.
- Guaranteed low FX costs on every transaction.
- Automatic payment advice/FIRA in the dashboard.
- End-to-end encryption and JSON Web Tokens (JWT) using the RS256 encryption algorithm for data security.