OverviewSuggest Edit

SETL is an inititive to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions. The SETL system maintains a permissioned distributed ledger of ownership and transaction records, simplifying the process of matching, settlement, custody, registration and transaction reporting.

HQLondon, GB

Latest Updates

Employees (est.) (Sept 2020)44(+5%)
Revenue (FY, 2017)£471 K(+713%)
Cybersecurity ratingAMore

Key People/Management at SETL

Peter Randall

Peter Randall

Philippe Morel

Philippe Morel

Nicholas Pennington

Nicholas Pennington

Anthony Culligan

Anthony Culligan

Chief Engineer
Katherine Kennedy

Katherine Kennedy

General Counsel
Show more

SETL Office Locations

SETL has an office in London
London, GB (HQ)
Love Ln
Show all (1)

SETL Financials and Metrics

Summary Metrics

Founding Date


SETL total Funding

$39 m

Time since last funding

4 years ago

SETL investors

Show all financial metrics

SETL Revenue

SETL's revenue was reported to be £471 k in FY, 2017

Revenue (FY, 2017)


Net income (FY, 2017)


EBITDA (FY, 2017)


EBIT (FY, 2017)


Cash (31-Dec-2017)

GBPFY, 2016FY, 2017



Operating expense total




EBITDA margin, %

GBPFY, 2016FY, 2017



Accounts Receivable


Current Assets



GBPFY, 2016FY, 2017

Net Income


Cash From Operating Activities


Cash From Financing Activities


Net Change in Cash

GBPFY, 2016

Financial Leverage

1.1 x
Show all financial metrics

SETL Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

SETL Online and Social Media Presence

Embed Graph

SETL News and Updates

SETL supports IZNES in BdF CBDC experiment

London based blockchain company, SETL, is supporting the IZNES consortium in the BdF experiment with CBDC. The consortium comprises IZNES, SETL, Citi, Caceis, and DXC.

SETL opens blockchain test lab

SETL, the institutional payment and settlement infrastructure based on blockchain technology, has to...

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity

Blockchain infrastructure firm SETL, which filed for insolvency in March, is back as a new entity formed by its management team.

SETL emerges from administration

Distressed blockchain settlement startup SETL has emerged from administration after its management b...



SETL files for bankruptcy

Blockchain settlement startup SETL has filed for bankruptcy, appointing administrators to oversee th...
Show more

SETL Blogs

How To Swim 2.4 miles, Cycle 112 Miles And Run A Marathon Whilst Working In A Startup

Instead when I joined SETL, my time became my own, as long as I deliver what’s needed of me, my training and workday schedule is my own to rearrange. The post How To Swim 2.4 miles, Cycle 112 Miles And Run A Marathon Whilst Working In A Startup appeared first on SETL Blog.

Quantum Supremacy and Blockchain: Keeping Ahead of the Elliptic Curve

Quantum computing threatens certain kinds of cryptography so, as with other threats, we need to be ready. With this in mind, SETL successfully developed a number of post quantum techniques in 2018 which it could switch on very quickly if required. The post Quantum Supremacy and Blockchain: Keepin…

SETL Opens the Door to its Award-Winning Technology with SETL Labs

At the core of SETL is a proprietary, permissioned-based blockchain. While there is a lot of debate about the merits of public vs private blockchains, we believe that only private blockchains are fit for the regulated environments where SETL operates. The post SETL Opens the Door to its Award-Winni…

SETL launches SETL Labs initiative

SETL Labs provides a way to test your ideas on the industrial grade SETL blockchain and swiftly develop go-to-market propositions at scale. The post SETL launches SETL Labs initiative appeared first on SETL Blog.

An Introduction to SETL Blockchain

A Blockchain is a State and history that uses cryptography and distribution to guarantee immutability and identity. Multiple computers running the blockchain software (Nodes), acting independently, make the network resistant to compromise and distributed storage makes corruption infeasible. If you d…
Show more

SETL Frequently Asked Questions

  • When was SETL founded?

    SETL was founded in 2015.

  • Who are SETL key executives?

    SETL's key executives are Peter Randall, Philippe Morel and Nicholas Pennington.

  • How many employees does SETL have?

    SETL has 44 employees.

  • What is SETL revenue?

    Latest SETL annual revenue is £471 k.

  • What is SETL revenue per employee?

    Latest SETL revenue per employee is £10.7 k.

  • Who are SETL competitors?

    Competitors of SETL include BTC China, Coins.ph and Wyre.

  • Where is SETL headquarters?

    SETL headquarters is located at Love Ln, London.

  • Where are SETL offices?

    SETL has an office in London.

  • How many offices does SETL have?

    SETL has 1 office.