Tagged: fnality

Fnality Begins Initial Phase of Sterling Payment Operations in a “First” for Wholesale Finance and Digital Asset Markets

In a key development for wholesale finance and digital asset markets, the initiation of the Sterling Fnality Payment System (£FnPS) brings together the institutional quality of central bank funds in a systemic wholesale payment system with the functionality and resilience of blockchain tech. Lloyds Banking… Read More

Fintech Firm Fnality International Secures £77.7M via Series B

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

Fintech Platform Fnality Appoints Olga Zoutendijk as Chairwoman

Fnality International has appointed Olga Zoutendijk as Chair of the Board of Directors. Olga will be responsible for overseeing Fnality International’s ongoing development and the launch of its global, regulated network of distributed financial market infrastructures (dFMIs), the first of which is scheduled for later… Read More

Euroclear, a Securities Settlement House, Joins Bank-backed DLT Payment Platform

Euroclear, a securities settlement house, has reportedly joined a consortium of banking institutions that are developing a payment solution for tokenized assets in the most recent indication of major institutions working with emerging players in crypto-related tech. Belgium- based Euroclear noted that it had acquired… Read More

Fintech Platform Fnality to Lower Banks’ Intraday Liquidity Requirements by Leveraging DLT

Fnality, the financial technology company establishing a network of distributed financial market infrastructures using blockchain or distributed ledger tech (DLT), revealed it will be able to lower banks’ intraday liquidity requirements “by up to 70%, reducing funding costs and payment delays.” The findings come ahead… Read More

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