The capital raise was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb to support the expansion of its global settlement network.
"The closing of our Series C reflects a shared conviction that the future of money demands a new foundation, one with Fnality at its core. Our blockchain-based settlement systems, anchored in the credit quality of central bank money, connect traditional finance with the fast adoption of tokenized and decentralized markets. With 24/7 payment rails, real-time settlement, and enhanced liquidity management, we’re not just modernizing wholesale payments, we’re building a future that fuses Decentralized Finance’s operational optimization with Traditional Finance’s capital efficiency. This investment accelerates our journey toward a financial market infrastructure that is more resilient, more inclusive, and ready for the hybrid future of global finance."
The oversubscribed round follows an 850 per cent increase in annualised revenue.
"We have spent 3 years building our technology infrastructure, which has been challenging with all the changes that AI has brought to the talent acquisition industry. Fortunately our early predictions about jobseeker adoption of AI and the resulting surge in applications have turned out to be correct, allowing us to position perfectly to answer the needs of the TA industry by delivering pre-screened qualified applications directly into their existing infrastructure"
The pre-seed round was led by Project A with backing from angel investors across major fintech firms.
"With stablecoin adoption accelerating and regulatory frameworks maturing globally, the time is right for an infrastructure rethink. Riva’s dual-rail system for businesses elegantly solves for both speed and flexibility in a market that’s still reliant on legacy processes. Niklas and Mahendra’s deep expertise in payments and financial markets positions Riva perfectly to build the next generation of payment services."
Citi joins existing backers to support the white-label ETF platform as assets under management reach record highs.
"Citi’s investment is a landmark moment for HANetf. It demonstrates the strength of our expertise, the growth of ETF white-labelling, and in HANetf’s importance within the European ETF ecosystem. We’ve always believed that ETF white labelling would become a core part of the asset management and servicing ecosystem as it has done so before within the broader funds industry. We’re proud to add Citi to our cap table alongside other high-quality institutional investors such as Point72, Elkstone, and ThirdStream, who have been investors in HANetf since 2017. We are already reinvesting the profits from our growth and this investment will allow us to exponentially grow the capabilities of our own platform sooner, in order to build out HANetf’s capacity as more clients continue to choose HANetf to launch ETFs ahead other ETF launch options."
