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blockchain technology: Goldman leads new funding for Fnality blockchain payments firm

UK-based Fnality seeks to bridge the gap between mainstream and digital finance to cut the time and cost of settling, managing collateral and making payments for financial market transactions.

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Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report

Blockchain-based wholesale payments firm Fnality has raised $95 million in a second round of funding after raising initial capital in 2019.

United kingdomMathew mcdermottClearing corporationGoldman sachsNomura groupSumitomo mitsui banking corporationBanco santanderLloyds banking groupDepository trustNasdaq venturesState streetSterling fnality payment system

This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors

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Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas

Fintech Startup Fnality Raises $95M in Funding Led by Goldman and BNP Paribas
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Cryptocurrency is forcing banks, funds towards new digital asset markets

The market cap of cryptocurrencies is $1 trillion. But real-world assets are valued at $800 trillion. How much could be “tokenised” onto blockchains to create efficiencies?

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