Company Overview & Founding Background 🚀
Founded in 2017, Finteum is a fintech startup registered in London, UK (Finteum Ltd, registration number 11370398). The core team includes CEO Brian Nolan and CTO Zbigniew Czapran, with backgrounds in fintech, distributed ledger technology and bank treasury management.
Core Mission & Business Positioning
Finteum is committed to building a global interbank intraday liquidity marketto solve the problem of intraday liquidity management of traditional banks. They help banks optimize the efficiency of capital use and capital occupation by introducing short-term trading tools such as FX Swaps and Repos, as well as matching transactions through distributed ledgers.
Technical architecture and platform features
DLT driver engine
The platform is based on R3-based Corda Constructed, using the permissioned chain model, to ensure that transactions are secure, governable and highly interoperable.Instant Transaction Settlement Mechanism
supports the completion of transactions and settlements within minutes, avoiding traditional T+1 or even longer delays.Intra-day liquidity products support
FX Swaps: interbank funds can be lent and repaid at the hourly level;
Repo (repurchase agreement): short-term funding through securities collateral;
In the future, we will expand support for securities lending and other liquidity instruments.
Settlement neutrality mechanism
It can be connected to various settlement channels such as RTGS system, Fnality payment system, TP ICAP MTF market, etc., providing "settlement neutrality" capability.
product application and industry implementation
In July 2024, UBS and CIBC used the Finteum platform to execute the world's first same-day EUR/USD FX Swap transaction, and the transaction was completed in minutes. Settlement ends on the same day.
In April, more than 14 global banks participated in the USD Repo on the day of the pilot. By the end of 2024, it is planned to launch a live REPO transaction.
The ACI World Congress 2025 (Paris) invited Finteum to participate in the Industry Innovation Forum to demonstrate the value of its platform and ecological attractiveness.
market pricing model and value proposition
Reduced HQLA occupancy costs: Day trading helps banks reduce redundant retention of high-quality liquid assets, saving tens of millions of dollars in capital costs.
Fill the gap of traditional mechanisms: Compared with the central bank quota and manual flow restriction scheme, the platform provides a transparent, secure and measurable automatic matching method.
Open access and interoperability: Designed as a settlement-neutral market, it supports the participation of multiple ecological structures and meets the integration needs of different banking systems.
funding and team dynamics
In
September 2022, it completed its first round of funding, raising approximately £1.3 million (Seed), led by SuperSeed.
Streamlined team (2–10 people) focused on growing technology and finance talent; Recently recruited for positions in DevOps, back-end, etc.
partners and ecosystem collaboration
In-depth cooperation with TP ICAP, Fnality, and R3 to achieve technology co-construction and market promotion.
Participate in the Innovate UK funded project (£86k) to develop the same-day Repo platform.
A number of tier-1 banks (e.g., NatWest, Barclays, BNY Mellon, Citi) participated in the testing and deployment.
Competitive Advantages and Risks
Advantages:
Innovative Market Positioning: The first batch of same-day FX Swap + Repo support interbank DLT platform;
Regulatory-friendly and compliant design: FCA approved as TP ICAP's Appointed Representative to organize transactions;
Clear capital and cost optimization: save HQLA capital occupation for banks and reflect economic benefits;
Strong technical foundation: Privilege chain, DLT fast execution, and liquidation performance advantages.
risks and challenges:
Complexity of marketing: multiple participants in the banking system need to agree and access the platform;
Compliance & Regulatory Evolution:D LT still faces an uncertain regulatory environment in the positioning of financial infrastructure;
Docking obstacles: the integration with RTGS and payment systems needs to solve the problems of technical standards and clearing interfaces;
Dependence on capital scale and activity: The development of the platform needs the scale of the capital pool to support and match the demand.
development path and outlook
short-term goals (2025):
Repo real trading on the day of official launch;
Expand cooperation with medium and large banks, including Asian and European markets;
Optimize transaction bandwidth and system stability.
medium- to long-term goals (2–3 years):
Expand securities borrowing products;
Build a cross-regional intraday liquidity market network;
Access to fragmented payment systems such as central bank digital currencies (CBDCs) and Fnality;
Launched API modularity to support both white-label solutions and on-premise bank deployments.
Summary
Finteum is a global intraday liquidity marketplace built with DLTof forward-thinking FinTech startups. It provides banks with intra-day FX Swap and Repo markets through technology and market innovation, optimizing capital utilization and cost of capital. With 2024 real transaction cases, core industry cooperation and regulatory recognition, Finteum has the potential to become an industry benchmark. In the future, with product iteration, ecological expansion and international landing, it may form a path dependence in the global liquidity market.
