Finteum Raises £1.3M in Seed Funding

finteum

Finteum, a London, UK-based fintech company, raised £1.3M in Seed funding.

The round was led by SuperSeed.

The company intends to use the funds to scale its intraday liquidity management technology and attract and develop more talent this year.

Led by CEO Brian Nolan and CTO Zbi Czapran, Finteum provides a trading platform that enables banks to lend to each other for hours at a time through intraday FX swaps and intraday repo settled in minutes, rather than the days it takes with traditional technology. The system leverages R3’s Corda Distributed Ledger Technology protocol which helps streamline the execution and settlement of trades.

FinSMEs

30/09/2022