Tokenised financial transfer service Fnality International, which was formed by the financial services firms behind the Utility Settlement Coin project, secured $63.2m.
Fnality International, the UK-based developer of a settlement and clearance facilitation platform, raised £50m ($63.2m) in series A funding from investors including stock exchange operator Nasdaq on Monday, Cointelegraph has reported.
Financial services firms Banco Santander, Barclays, Bank of New York Mellon, Canadian Imperial Bank of Commerce, Commerzbank, Credit Suisse, ING, KBC, Lloyds, MUFG Bank, Sumitomo Mitsui Banking Corporation, State Street Corporation and UBS also took part in the round.
Founded in April 2019, Fnality represents the commercialisation of the…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
