3 years ago

Finteum Secures £1.3M Seed Funding to Scale Intraday Liquidity Management Platform

  • Finteum, a London-based fintech company, has raised £1.3 million in seed funding led by SuperSeed

  • 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 company plans to use the funds to scale its technology, attract and develop more talent, and expand its operations.

      • ProblemFinancial Services

      "Finteum is addressing the issue of inefficient intraday liquidity management in the banking sector, which often leads to delayed settlements and increased costs."

      Solution

      "Finteum offers a trading platform that allows banks to engage in intraday FX swaps and intraday repo trades, settling transactions within minutes instead of days, thereby enhancing liquidity management efficiency."

      Covered on