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Fidesmo

“Can a single NFC secure-element platform become the universal bridge between card issuers and the fragmented global ecosystem of contactless wearable devices?”

Founded2013
HQStockholm, Sweden
Total raised$5.9M
IndustryInfrastructure / Payments
The story

Founded in 2013 as a secure element management platform, Fidesmo evolved from a general NFC/SE infrastructure provider into a specialized wearable payments tokenization platform. The company built Fidesmo Pay as a token requestor certified by both Mastercard (MDES) and Visa (VTS), positioning itself as the infrastructure layer between card issuers and a broad ecosystem of wearable device OEMs. Its B2B model targets banks and payment issuers who want to offer contactless payment wearables without building individual OEM relationships, as well as device manufacturers seeking payment-scheme certifications.

Last 12 months
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Product timeline
2013
Fidesmo AB founded in Stockholm, Sweden as an NFC secure element platform for contactless services.· pivot
2018
Launched Fidesmo Pay, a tokenization service integrated with Mastercard's MDES and Visa's VTS platforms enabling contactless payments on wearables.· banking
2023
Completed integration with Mastercard's Token Connect (MDES Token Connect) and partnered with German neobank VIMpay as the first issuer partner for passive wearable tokenization.· card
The stack
0 layers disclosed in Fidesmo’s embedded-finance stack
Accounting gap: none

Fidesmo — frequently asked

Where is Fidesmo headquartered?

Fidesmo is founded in 2013 and headquartered in Stockholm, Sweden.

How much funding has Fidesmo raised?

Fidesmo has raised $5.9M in total.

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