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SETL logo — Blockchain for Financial Services

SETL

Blockchain for Financial Services

Founded 2015 United Kingdom London, United Kingdom 14 employees Corporate Round Total: $39.00M Financial Services, Fintech +1

General Information

Company Name SETL
Founded Year 2015
Location United Kingdom London, United Kingdom
Employees 14
Industries Financial Services, Fintech, Payments
Funding Stage Corporate Round
Social

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About SETL

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.

Business keywords: Blockchain Technology, Multi-Asset Infrastructure, Multi-Currency Transactions, Institutional Payments, Payment Settlements, Distributed Ledger, Transaction Records, Market Transactions, Immediate Settlement, Final Settlement, Ownership Records, Transaction Reporting, Custody Services, Financial Infrastructure

Services & Products

DLT-Orchestrated Settlement
Atomic Transaction Management
Nostro Balance Reconciliation
Cross-Ledger Connectivity

Target Customers

Global Banks Custodian Banks Central Banks Financial Institutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round Undisclosed 1
Credit Agricole CIB
Credit Agricole CIB
01 Feb 2018
Series A Undisclosed 1
Deloitte
07 Dec 2016
Series A $39.00M -
15 Jul 2016

Latest News

View All
Colendi lands banking licence to become Turkey’s first digital deposit bank — Fintechfutures.com
Colendi lands banking licence to become Turkey’s first digital deposit bank
Fintechfutures.com Aug 22, 2023

SETL Alternatives & Competitors

View All Alternatives
SETL vs
Coro Global Inc.
Coro Global Inc. United States

Returning physical gold as money in modern financial systems.

Post-IPO Equity
2 employees
Fintech, Mobile
SETL vs
XEROF
XEROF Switzerland

Delivering Swiss-licensed precision to cryptoassets: re-banking web3 companies and DAOs with financi...

Pre-Seed
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SETL vs
Adhara
Adhara United Kingdom

Liquidity management and international payments for decentralised financial networks

Series A
92 employees
Blockchain, Crypto
View all alternatives

FAQ About SETL

Blockchain for Financial Services
SETL was founded in 2015.
SETL is headquartered in London, United Kingdom.
SETL operates in Financial Services, Fintech and Payments. Its work centres on Blockchain Technology, Multi-Asset Infrastructure, Multi-Currency Transactions and Institutional Payments. Its customers include Global Banks, Custodian Banks and Central Banks.
SETL has approximately 14 employees.
SETL has completed 3 funding rounds, raising a total of $39.00M. The latest funding stage is Corporate Round.
SETL offers: DLT-Orchestrated Settlement, Atomic Transaction Management, Nostro Balance Reconciliation, Cross-Ledger Connectivity.
Top alternatives and competitors to SETL include Coro Global Inc., XEROF, Adhara, Cumbi, rippleofficial. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SETL and Coro Global Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SETL, https://bouncewatch.com/company/setl, updated 10 November 2025. When citing, please name BounceWatch and link this page.

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