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Fnality International
Fnality is a financial technology company creating a network of decentralized, DLT-based payment systems for wholesale financial markets. Their solutions enable real-time, peer-to-peer payments backed by central bank funds, aiming to enhance efficiency, reduce risk, and provide 24/7 settlement for banks and financial institutions.
London, GBR
Description
Fnality International is a financial technology company, originating as a research project and now backed by 20 leading financial institutions, dedicated to transforming global financial markets. The company is developing a network of decentralized, DLT-based Payment Systems for wholesale markets to facilitate seamless, real-time, peer-to-peer payments. Its flagship product is the Sterling Fnality Payment System (£FnPS), the world's first fully regulated, DLT-based payment system. This system provides 24/7 availability, real-time atomic settlement, and risk reduction, with payments fully backed by funds held at a central bank. Fnality's vision is to create a global, interconnected ecosystem of payment systems, enabling secure and efficient value exchange for wholesale banks and unlocking new revenue opportunities through innovative solutions and collaboration.Grant Funding
VC Funding
None
2019
2023
$0
$158M