Fintech

UBS-backed fintech Fnality eyes US expansion with blockchain-based dollar payments

The City-headquartered firm is discussing a stateside application with the Federal Reserve

US is 'first priority' for international growth, says CEO Rhomaios Ram
US is 'first priority' for international growth, says CEO Rhomaios Ram

Fnality International, a London-based fintech backed by UBS and Goldman Sachs, is set to expand its blockchain-based payment system by adding the US dollar.

Fnality currently offers a blockchain-based sterling payment system, and started its first transactions in December with users including Lloyds, Santander, and UBS.

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War Brings Out the Best in the DollarExternal link

War Brings Out the Best in the Dollar