Fnality International
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m |
% growth | - | 151 % | 11 % | 35 % | 19 % |
EBITDA | (9.6m) | (15.7m) | (18.7m) | (23.7m) | - |
% EBITDA margin | (24654 %) | (16163 %) | (17278 %) | (16270 %) | - |
Profit | (9.9m) | (17.7m) | (18.2m) | (26.2m) | - |
% profit margin | (25441 %) | (18164 %) | (16848 %) | (17989 %) | - |
R&D budget | 4.3m | 9.8m | - | - | - |
R&D % of revenue | 11053 % | 10054 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | £50.0m | Series A | |
* | N/A | Early VC | |
* | £77.7m | Series B | |
Total Funding | €153m |
Recent News about Fnality International
EditFnality International is a pioneering company in the financial technology sector, focusing on the use of blockchain and Distributed Ledger Technology (DLT) to facilitate the peer-to-peer exchange of digital cash with settlement finality. The company operates in the financial markets, serving a consortium of financial institutions that are interested in leveraging tokenized cash assets to settle securities trades efficiently and securely.
Fnality's business model revolves around creating a decentralized and reliable platform that supports scalable financial transactions. By utilizing DLT, Fnality aims to transform traditional financial markets, making transactions faster, more transparent, and less reliant on intermediaries. The company generates revenue through partnerships and collaborations with financial institutions that seek to adopt and integrate its innovative solutions into their operations.
Fnality's target clients include large investment banks, insurance companies, and other financial entities that require advanced technological solutions for their treasury and securities trading operations. The company's platform is designed to meet the needs of these clients by providing a secure and efficient way to settle transactions using digital cash.
Keywords: blockchain, DLT, digital cash, settlement finality, financial markets, tokenized assets, peer-to-peer exchange, financial institutions, securities trades, decentralized platform.