- DLT-based Sterling Fnality Payment System (£FnPS) sees first live transactions utilising a digital representation of funds at central bank. Initial participants are Lloyds Banking Group, Banco Santander, and UBS.
- Latest funding round follows Series A of £55m in June 2019
- Lead investors include Goldman Sachs and BNP Paribas
UK FinTechs Fnality, Nivaura and Adhara collaborate with NatWest and Santander to execute first cross-chain pilot debt transaction on public Ethereum and Fnality Payment System