S
Setl
Blockchain settlements and payments
About Setl
SETL, founded in 2015, specializes in distributed ledger technology (DLT) tailored for financial services. The company operates in the fintech market, providing a regulated blockchain platform that connects to Real-Time Gross Settlement (RTGS) systems, ensuring settlement finality. SETL's core offerings include a comprehensive framework for cash-like transactions over the internet, leveraging industry-standard BPMN2 workflows to orchestrate blockchain activities. The platform maintains a state of assets as a financial ledger, facilitating secure and efficient transactions.
Read full description
SETL serves a diverse clientele, including financial institutions, asset managers, and market infrastructure providers. Its flagship product, IZNES, is a fully-fledged fund distribution platform that is interoperable with existing distribution channels, supporting both primary and secondary market activities. Additionally, SETL offers a payments infrastructure backed by Central Bank Digital Currency (CBDC), enhancing the efficiency and security of financial transactions.
The company's business model revolves around providing subscription-based access to its platform and charging transaction fees for the services rendered. This model ensures a steady revenue stream while promoting scalability and adoption among its clients.
SETL has received numerous accolades, including the FinChallenges Award and the Europas Award for Blockchain Crypto, underscoring its innovative contributions to the fintech industry.
At a glance
- Status
- Acquired
- Founded
- 2015
- Headquarters
- London, United Kingdom
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 62.6/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech, Cefi, Crypto Payments, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Hard Tech, uk is8 financial services
- Technology
- Blockchain
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2022 | $0 | — | Colendi | ↗ |
| GRANT✓Other financing | Feb 2022 | $370K | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Setl is 3.4K monthly website visits, up 209.1% over the last three months. Setl's team declined 72.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Deloitte
Citi
Credit Agricole CIB
Other known investors1 additional known investor
Colendi
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Setl on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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