# HQLA: Financial services, Luxembourg City, Luxembourg

> HQLA: HQLAχ is a financial technology firm founded in 2017 and based in Luxembourg. Based in Luxembourg City, Luxembourg. Founded 2017.

Source: https://millionrounds.com/startup/hqla (Millionrounds; every figure on the page links to its filing or article)

Luxembourg · [Financial services startup](https://millionrounds.com/companies)

# HQLA

HQLAχ is a financial technology firm founded in 2017 and based in Luxembourg.

Funding reported Last round: Series B

Financial services Luxembourg City, Luxembourg

Company summary

- **Founded:** 2017 9 years old
- **Team:** 28 11 to 50 people
- **Funding reported:** 24.4M as listed, currency not stated
- **Last round:** Series B Jan 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for HQLA has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About HQLA

HQLAχ is a financial technology firm founded in 2017 and based in Luxembourg.

The company specializes in using Distributed Ledger Technology (DLT) and blockchain to enhance the securities finance and repo markets. HQLAχ aims to streamline asset ownership transfers and improve collateral mobility within a fragmented securities settlement ecosystem. The firm offers a B2B subscription-based platform that features a digital collateral registry, enabling the ownership of securities to be recorded without physical movement. This reduces operational risks and settlement times. HQLAχ also facilitates atomic Delivery vs. Delivery (DvD) ownership transfers, ensuring secure and efficient transactions. Additionally, the platform supports cross-chain interoperability and integrates smart contracts to optimize collateral management processes. HQLAχ serves financial institutions, including banks and asset managers, across Europe, North America, and Asia, providing tailored liquidity and collateral management solutions.

## What company datasets say HQLA raised

Funding, as reported

Reported in all **24.4M** in the source's currency

Rounds **4**

Last round **Series B**

Last round date **Jan 2021**

Investors listed **7**

## Founders and team

From HQLA's own website: 2 founders, 5 on the team.

**Guido Stroemer** Co-founder and CEO

**Olly Benkert** Co-founder and Chairman

- **Frédéric Pascal** Head of Market & Financing Services - BNPP
- **Mathew McDermott** Managing Director - Global Head of
- **Simon Squire** Global Head of Product Management
- **Jamie Anderson** Team
- **Scott Lucas** Team

## The company, in detail

What they build

Known for

securities finance industry-wide collateral network securities settlement intraday liquidity market infrastructure distribution interoperability collateral reuse defi collateral services collateral managment corda collateral efficiency repo market distributed ledger technology information technology & services financial services

Built with from their website

Docker Amazon CloudFront Atlassian YouTube CloudFlare Viewport Meta SWIFT Webflow Hosting Apple Business Manager ShareThis

+8 more

CloudFlare CDN Google Font API Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Open Graph jQuery Slack

- **Sector:** Financial services
- **Industry code:** NAICS 5231, 522320, 511210, SIC 6211, 7372
- **Region:** Luxembourg
- **Revenue:** 1.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/hqlax)

## Financial services in Luxembourg

Startups like it

- [**Bitstamp by Robinhood** Luxembourg · founded 2011](https://millionrounds.com/startup/bitstamp-by-robinhood)
- [**Bamboo Capital Partners** Luxembourg City · founded 2007](https://millionrounds.com/startup/bamboo-capital-partners)
- [**Vestrata** Luxembourg City · founded 2018](https://millionrounds.com/startup/vestrata)
- [**Scorechain** Sanem · founded 2015](https://millionrounds.com/startup/scorechain)
- [**Investre** Luxembourg City · founded 2020](https://millionrounds.com/startup/investre)
- [**Fundvis** Luxembourg City · founded 2022](https://millionrounds.com/startup/fundvis)
- [**Frictionless Markets** Mamer · founded 2022](https://millionrounds.com/startup/frictionless-markets)
- [**Cascade** Luxembourg City · founded 2019](https://millionrounds.com/startup/cascade-3)

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