Loading organizations...
§ Private Profile · London, England, United Kingdom
Develops blockchain DLT payment systems for wholesale financial transaction settlement, enabling tokenized central bank money.
London-based Fnality International develops distributed ledger technology payment systems designed for wholesale financial transaction settlement using tokenized central bank money. The company operates a global network that enables the secure exchange of value for commercial banks through omnibus accounts held at central banks. Currently backed by a consortium of 24 leading global financial institutions acting as shareholders, the organization launched its inaugural Sterling Fnality Payment System in 2024. This infrastructure aims to create an interconnected ecosystem across multiple fiat currencies, with future expansion plans targeting the United States Dollar and the Euro. The core technology originated from the Utility Settlement Coin research project initially proposed by major financial entities including UBS and Clearmatics. Fnality International was formally founded in April 2019 by Rhomaios Ram, who recently transitioned executive leadership to incoming chief executive officer Michelle Neal.
Fnality International has raised $279.0M across 3 funding rounds.
Fnality International has raised $279.0M in total across 3 funding rounds.
Fnality International has raised $279.0M across 3 funding rounds. Most recently, it raised $133.3M Series C in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 26, 2025 | $133.3M Series C | JIM Demare, Deepak Mehra, Erik Luts, Temasek, Billy Hult, Jonathan Steinberg | Banco Santander, Barclays, BNP Paribas, Dtcc, Euroclear, Goldman Sachs, ING, Nasdaq Ventures, State Street, UBS | Announced |
| Nov 14, 2023 | $95.8M Series B | Olivier Osty, Mathew Mcdermott | Banco Santander, Barclays, BNY Mellon, CIBC, Commerzbank, Frank LA Salla, Euroclear, ING, Lloyds Banking Group, Nasdaq Ventures, Nomura, State Street, Sumitomo Mitsui Banking Corporation, UBS, WisdomTree | Announced |
| May 21, 2019 | $50M Venture Round | — | Banco Santander, BNY Mellon, Deutsche Bank, State Street, UBS | Announced |
Fnality International has raised $279.0M in total across 3 funding rounds.
Fnality International's investors include Jim DeMare, Deepak Mehra, Erik Luts, Temasek, Billy Hult, Jonathan Steinberg, Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs.