FundAdminChain (FAC) is a UK-based technology firm founded in 2019, poised to disrupt the traditional fund operations landscape with its innovative use of blockchain technology. The company's slogan, "Transforming Fund Operations with Blockchain-Based Technology.", succinctly captures its mission to evolve fund industry practices.
FAC employs a distributed ledger network to streamline the processes involved in launching, distributing, trading, and settling collective investment funds. It offers a platform where investors, distributors, fund managers, and service providers can share real-time information on fund ownership and transactions. This digitalization minimizes intermediaries, resulting in a unified industry register to efficiently manage asset ownership and streamline fund administration.
Having secured a £3.00M Seed Round investment in December 2020 from investors like Lingfeng Capital and QBN Capital, FAC is strategically positioned within the blockchain, finance, and fintech sectors.