SETL, founded in 2015, is innovating the financial services sector with its slogan, "Blockchain for Financial Services." Based in the United Kingdom, this fintech company specializes in delivering a blockchain-based infrastructure for institutional payments and settlements.
The SETL system seeks to revolutionize how financial transactions are processed. By utilizing a permissioned distributed ledger, SETL allows for direct transfers of cash and assets among market participants. This technology aims to expedite the settlement of market transactions, enhance transaction reporting, and simplify processes like matching, settlement, custody, and registration.
The company's last known funding event was a Corporate Round on 01 February 2018, with Credit Agricole CIB as a key investor. As SETL continues to evolve, it represents a promising opportunity for investors seeking exposure in the intersection of blockchain and financial services.