Former Bank of England Deputy Governor Joins Fnality Board
- Jon Cunliffe, ex-deputy governor of the Bank of England, will chair Fnality’s UK board.
- Jochen Metzger, former Deutsche Bundesbank director general, joins the European subsidiary’s supervisory board.
- Ron Berndsen, a former Dutch central bank official, is also appointed to the board.
- Fnality’s sterling payment system launched in 2023, regulated by the Bank of England.
- The company raised $136 million in a Series C funding round in September 2025.
Fnality aims to develop euro and US dollar payment systems using blockchain technology to enhance financial stability through secure settlements. The establishment of subsidiaries in Germany and the U.S. indicates its commitment to expanding its services globally.
With Jon Cunliffe at the helm, Fnality is poised to strengthen its position in digital payments as it develops critical infrastructure for tokenized asset markets and stablecoins.(Source)
