When was Settle Network founded?

Settle Network was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Settle Network located?

Settle Network is headquartered in United States.

How many employees does Settle Network have?

As of Sep 30, 2026, the latest employee count at Settle Network is 20.

Is Settle Network a funded company?

Settle Network is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 17, 2020.

When was the latest funding round of Settle Network?

Settle Network's latest funding was a $***** Seed round on Dec 17, 2020, with participation from 1 investor.

Where does Settle Network rank among its competitors?

Settle Network ranks 7th amongst 22 active competitors, of which 7 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Coala Pay, which secured $3.5M in Feb, 2025.

Who are the top competitors of Settle Network?

Settle Network's top competitors include Lightnet, TerraPay and Onafriq. Among them, Coala Pay secured the most recent funding round in February, 2025.

Settle Network - 2026 Company Profile, Funding & Competitors

Company Details

Settle is a financial network of fintech companies, banks, cash networks and mobile apps to facilitate cross-border payments. Settle provides front and core technology for user accounts, balances, deposits, transfers, spending and withdrawal of funds. Businesses can connect with the existing financial infrastructure or can deploy & manage their own operation.

Key Metrics

Founded Year

2019

Location

United States

Stage

Seed

Total Funding

$3M in 1 round

Latest Funding Round

Seed, Dec 17, 2020, $*****

Investors

Stellar & 3 more

Ranked

7^th among 22 active competitors

Employee Count

20 as on Sep 30, 2026

Similar Companies

Lightnet & 31 more

View Settle Network's full profile

Settle Network has raised a total funding of $3M over 1 round. Its latest funding round was a Seed round on Dec 17, 2020 for $*****. 1 investor participated in its latest round. Settle Network has 4 institutional investors.

Here is the list of recent funding rounds of Settle Network:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2020	5459976	Seed	4250366	4354648	5660638	8148681

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View details of Settle Network's funding rounds and investors

Settle Network's employee count trend

Settle Network has 20 employees as of Sep 26. Here is Settle Network's employee count trend over the years:

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Top competitors of Settle Network include Lightnet, TerraPay and Onafriq. Here is the list of Top 10 competitors of Settle Network, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lightnet 2018, Singapore (Singapore), Series B	Money transfer solution over blockchain networks	$81.2M	UOB, Hanwha & 10 others	69/100
2nd	TerraPay 2014, London (United Kingdom), Acquired	Omnichannel payment solution for cross-border money transfers	$100M	IFC, Visa & 8 others	67/100
3rd	Onafriq 2003, Tulsa (United States), Series C	Omnichannel payment network for cross-border remittance	$177M	LUN Partners Group, Goodwell Investments ... & 20 others	64/100
4th	TransferTo 2005, San Francisco (United States), Acquired	Global B2B fintech infrastructure enabling seamless payments and digital value transfers	$3M	STC Ventures, Ingenico	51/100
5th	Coala Pay 2021, San Francisco (United States), Seed	Payment infrastructure for cross-border transfers	$3.5M	Castle Island Ventures, Lattice & 2 others	41/100
6th	PAPSS 1993, Masr Al Jadidah (Egypt), Unfunded	Cross-border payment acceptance solution for businesses	-	-	38/100
7th	Settle Network 2019, United States, Seed	Financial network for cross-border payments	$3M	Stellar, Signum Capital & 2 others	35/100
8th	Roxe 2018, New York City (United States), Seed	Cross-border remittance solutions for cryptocurrencies	-	Zero to First	35/100
9th	Jenzy 2005, United Kingdom, Seed	Provider of settlement infrastructure for cross border financial payment transactions	$2.61M	Morgan Stanley, Gaingels & 1 others	34/100
10th	Wameja 1997, Sydney (Australia), Acquired	Network for cross-border transfer settlements	-	Demtech, Herald Investment Management	31/100