Safened Limited

Safened Limited provides innovative liquidity management solutions through a comprehensive suite of deposit products, optimizing funding strategies for corporate clients and banks in the financial sector. Founded in 2013, Safened Limited operates from London, UK, offering services that facilitate liquidity management for financial institutions. The company has successfully completed a total of 3 deals, with the most recent funding round occurring on April 3, 2023, where it raised EUR 50 million led by Finch Capital. Safened's founder has a notable background in the fintech industry, contributing to the company's established presence in the market.

Safened offers a comprehensive suite of innovative deposit products designed to optimize liquidity management for both corporate clients and partner banks. Their primary focus is on providing a diversified range of non-brokered USD deposit solutions, allowing banks to source balance sheet-friendly deposits efficiently. The company's state-of-the-art platform facilitates seamless access to these deposit products, enhancing safety, diversity, and the potential for higher yields. Safened targets a wide array of clients, including corporate treasurers and institutional investors, primarily within the U.

S. market, while also extending services to banks looking for Basel-III compliant funding alternatives. This strategic approach enables Safened to address the liquidity challenges faced by financial institutions and corporate clients alike, leveraging a growing network of corporate and institutional investors in the process. Safened operates on a transaction-based revenue model, generating income through its proprietary liquidity platform that connects banks with corporate clients seeking deposit funding.

The business transactions typically involve the facilitation of deposits from corporate clients to banks, where Safened serves as an intermediary, ensuring compliance with regulatory requirements such as KYC and AML. By utilizing their innovative deposit solutions, partner banks can attract deposits that fit their funding strategies, while corporate clients benefit from a flexible asset/liability management solution. The revenue structure is supported through partnerships with participating banks and corporate clients, enhancing the efficiency and effectiveness of deposit sourcing and management. Safened's emphasis on delivering high-quality, tailored solutions resonates strongly within its operational framework, positioning the company as a significant player in the liquidity management landscape.

In April 2023, Safened Limited raised EUR 50 million in venture funding from returning investor Finch Capital, with participation from other unspecified investors. The company will use the funding to transform financial compliance for banks, financial institutions, and fintechs. Safened plans to introduce new deposit products designed to further enhance liquidity management capabilities by the end of 2023, while also targeting expansion into additional markets in Europe and North America by 2024.