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Setl
Fintech · London, United Kingdom · Founded 2015
Blockchain settlements and payments MoreLess
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.
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.
Keywords: distributed ledger technology, financial services, blockchain, RTGS, BPMN2 workflows, fund distribution, CBDC, asset management, fintech, secure transactions.
Company overview
Setl company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2015
- Headquarters
- London, United Kingdom
- Employees
- 12
- Open positions
- None listed
- Dealroom signal
- 62.6
Valuation & funding
Setl 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 | — |
| GRANT✓Other financing | Jun 2020 | — | — | Undisclosed | — |
| EARLY VC✓Equity / VC | Feb 2018 | $0 | — | Citi · Credit Agricole CIB | ↗ |
| EARLY VC✓Equity / VC | Dec 2016 | $0 | — | Deloitte | ↗ |
| SERIES A✓Equity / VC | Jul 2016 | Undisclosed | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 12 |
| 2025 | 43 |
| 2024 | 43 |
| 2023 | 43 |
| 2022 | 45 |
| 2021 | 40 |
| 2020 | 44 |
Growth signals
Setl website traffic
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.
Comparisons
Setl compared with similar companies
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Talent graph
Setl's talent
Source: Dealroom Talent Intelligence.
Investors
4 investors on Setl's cap table
Sourced from Dealroom's funding and investor records.




Global footprint
Where Setl has talent and traffic
team presence
In the news
Latest news about Setl
Recent press, funding announcements, and product moves mentioning Setl — open to read from the original sources.
Market sentiment
What the market is saying about Setl
An AI-synthesized read of the highest-engagement posts about Setl on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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