Fnality International is raising £50 million from investors

09/23 08:33

Fnality International, a London-based blockchain payments company backed by a group of big banks, is pitching a Series B round of funding to investors. A person familiar with the matter said the company is looking for £50 million ($56 million) in funding, the same amount it raised through a Series A round in June 2019 - adding that investment bank Broadhaven Capital Partners is helping to raise the money. Another person close to Fnality said a US buy-side firm and a mid-sized investment bank had quietly invested, but declined to name names due to commercial sensitivities.
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