Blockchain Fintech Startup Setl Received Investment from Deloitte
Summary
Setl, a London, UK-based startup providing blockchain solutions for post-trade activity in financial services, received an investment from Deloitte.The amount of the deal was not disclosed.The company intends to use the funds to continue to develop the platform.Led by Chairman Sir David Walker, and CEO Peter Randall, Setl has created a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology which aims to streamline post-trade administration activity, reduce costs per trade, simplify processes and reduce inefficiencies.FinSMEs 09/12/2016
Funding
Amount
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Total raised
Date
December 9, 2016
Announcement date
Investors
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Lead investors
Company
http://www.blockchain.com
Funded company
Classifications
industries
Fintech & Banking
applications
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