Fnality has raised US$136 million in a series C round led by WisdomTree, Bank of America, Citi, KBC Group, Temasek, and Tradeweb.

Fnality operates wholesale payment systems using distributed ledger technology and is regulated by central banks.

Existing investors including Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING, Nasdaq Ventures, State Street, and UBS also joined the round.

The company launched its Sterling Fnality Payment System in the UK in December 2023 and is working to expand its network to support more currencies and new payment solutions.

🔗 Source: Fnality