About SettleMint
SettleMint is a Technology company based in Antwerp (Belgium) founded in 2016 by Matthew Van Niekerk and Roderik van der Veer. It operates as a blockchain applications are developed and integrated into business processes. It operates on a SaaS (Software-as-a-Service), Managed Services, and FinTech model. SettleMint has raised $17.63 million across 5 funding rounds from investors including Fujitsu, European Union and Molten Ventures. The company has 34 employees. Its chief executive is Matthew Van Niekerk. Its Indian entity Settlemint India Services Private Limited reported revenue of ₹10.77 Cr. SettleMint offers products and services including Asset Tokenization Kit, Blockchain Platform, Bond Tokenization, Equity Tokenization, and Stablecoin. Its focus areas include Blockchain, Decentralized Applications, Finance and FinTech. Its competitors include Consensys, Figment, Digital Asset, Galxe and Ocean Protocol and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
SettleMint is established as a leader in blockchain transformation, providing enterprise-grade solutions for digital asset deployment and decentralized application development. The company is engaged in offering full-stack blockchain infrastructure through its platform, alongside specialized kits for asset tokenization across various sectors like finance and public services. Solutions such as bond tokenization, equity tokenization, and stablecoins are developed to address specific industry needs. Comprehensive support, documentation, and training are provided to empower teams with necessary skills and methodologies for blockchain adoption. The platform is designed to simplify development with pre-configured tools, ensuring scalability and security for all use cases.
- Headquarters Antwerp, Belgium
- Employees 34
- Founders Matthew Van Niekerk, Roderik van der Veer
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website settlemint.com
- Social LinkedIn X Facebook YouTube
- Legal Name Settlemint India Services Private Limited
- Date of Incorporation 18 Jul, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹10.77 Cr
FY 2025 · +6% YoY
- Net Loss-₹1.80 Cr
FY 2025 · -17% margin
- EBITDA-₹1.57 Cr
FY 2025 · -15% margin
- Total Equity Funding$17.63M (USD)
in 5 rounds
- InvestorsFujitsu
& 8 more
- Employee Count34
Associated legal entities of SettleMint
SettleMint operates through Settlemint India Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Settlemint India Services Private Limited CIN U72900DL2019PTC352804 | Active | 18 Jul 2019 | New Delhi, Delhi | ₹10.8 Cr | 34 | 2 | View details |
Products & Services of SettleMint
SettleMint offers a comprehensive portfolio of products and services, including Asset Tokenization Kit, Blockchain Platform, Bond Tokenization, Equity Tokenization, and Stablecoin.
Toolkit for launching digital asset platforms quickly and securely.
Platform for developing and managing decentralized enterprise applications.
Solution for creating secure, collateralized fixed-income digital assets.
Tool for institutional-grade equity fund management digitally offered.
Service for issuing secure and collateralized digital currencies.
Apps and channels of SettleMint
its YouTube channel SettleMint has 508 subscribers and 30 videos.
Videos from SettleMint
The most watched videos on SettleMint's YouTube channel, SettleMint (508 subscribers). Click a video to play it here.
More on SettleMint.
Funding Insights of SettleMint
SettleMint has successfully raised a total of $17.63M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $17.63M
- Total Rounds 5
- Investors Count 9
All 5 funding rounds of SettleMint with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | – | Debt – Conventional | – | – | |
| Sep 2022 | $15.54M | Series A | – | Molten Ventures, OTB Ventures | |
| Jan 2020 | $2.09M | Seed | – | KPN Ventures | |
| Mar 2019 | $2.06M | Grant | – | – | |
| Nov 2016 | – | Seed | – | – |
9 investors in total: 9 institutional.
Investors in SettleMint
SettleMint has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Fujitsu, European Union and Molten Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on deep tech, consumer tech, health tech, SaaS, and multiple sectors | 2006 | moltenventures.com | London, United Kingdom | |
A venture capital fund focused on European deep-tech startups is operated. | – | otb.vc | Amsterdam, Netherlands | |
Bloccelerate VC is focused on investing in blockchain startups. | – | bloccelerate.vc | Seattle, United States | |
Corporate-backed venture capital firm focused on healthcare, fintech, and multiple sectors | – | kpnventures.com | Rotterdam, Netherlands | |
Limited information is provided about The Hashgraph Group's activities. | – | hashgraph-group.com | - | |
Technology, consulting, and infrastructure services are delivered for business transformation. | 1935 | fujitsu.com | Kawasaki, Japan | |
- | – | mediciventures.com | - | |
Offers end-to-end software development services, including design, coding, and application maintenance. | 2018 | allusion.be | Ghent, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for SettleMint
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Settlemint India Services Private Limited (SettleMint)
Settlemint India Services Private Limited is the primary company behind SettleMint. The board of Settlemint India Services Private Limited currently have 2 directors; the longest-serving is Shahzad Fatmi, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shahzad Fatmi DIN 03538522 | Director | 18 Jul 2019 | 7 yrs 3 mo | Settlemint India Services Private Limited |
| Sana Praveen DIN 08366918 | Director | 18 Jul 2019 | 7 yrs 3 mo | Settlemint India Services Private Limited |
People of SettleMint
22 people are tracked at SettleMint (7 in leadership, 15 in team); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Matthew Van Niekerk | Co-Founder & CEO | Leadership |
Roderik van der Veer | Co-Founder & CTO | Leadership |
Charles-E de Bergeyck | CFO | Leadership |
Praveen B | Chief Customer Officer | Leadership |
Salvatore Provenzano | VP Global Partnerships | Leadership |
Sumit Rungta | Head Of Sales | Leadership |
Hiroki Morita | VP Sales - Asia Pacific And Japan | Leadership |
Gyanendra Sharma | Growth Strategy And Operations | Team |
Nishant Mishra | Sales Development Representative | Team |
Pulkit Saraf | Hyperledger Fabric Administrator | Team |
Ashlesh Sortee | Lead Blockchain Developer | Team |
Ambroise Moreau | Blockchain Developer | Team |
Daan Poron | Blockchain Developer | Team |
Jelena Dimitrijevic | Blockchain Test Developer | Team |
Nikhil Kumar Raj | Blockchain Developer | Team |
Rod S. | Brand & Communications Manager | Team |
Harshal Shahare | Kubernetes Administrator | CKA | Team |
Silke van Den Broeck | Senior Full-stack Software Engineer | Team |
Vinay Bhardwaj | Senior Ui/ux Designer | Team |
Laila Amin | Senior Territory Manager | Team |
2 more people are available in the full profile.
Complete people profiles for SettleMint
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SettleMint
Figures of Settlemint India Services Private Limited, the primary company behind SettleMint, for FY 2025. Revenue was ₹10.77 Cr (+6% year on year). Net loss was -₹1.80 Cr (-17% margin). EBITDA was -₹1.57 Cr (-15% margin). Revenue has grown at a compounded annual rate of +81% over three years and +119% over five years.
- ₹10.77 CrRevenue · FY 2025 · +6% YoY
- -₹1.80 CrNet loss · -17% margin
- -₹1.57 CrEBITDA · -15% margin
- ₹15.8 LakhPaid-up capital
- 34Employees (provident fund records)
- +81%Revenue CAGR, 3 years
- +119%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Settlemint India Services Private Limited are on its company page.
Detailed financial statements for SettleMint
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SettleMint
3 dated milestones of SettleMint across 8 years, from founding to its latest funding, stage changes and deals.
- Founded SettleMint is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional,.
Competitors of SettleMint
SettleMint has 9 listed competitors in our database, 7 of them funded. They include Consensys, Figment, Digital Asset, Galxe and Ocean Protocol, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| figment.io | 2018 | Toronto, Canada | $165M | 164 | Staking solutions are delivered via an online platform. | |
| digitalasset.com | 2014 | New York, United States | $817.16M | – | Blockchain platforms for business applications are developed and provided. | |
| galxe.com | 2021 | San Mateo, United States | $10M | – | Infrastructure for Web3 credential curation from multiple sources is offered. | |
| oceanprotocol.com | 2017 | Singapore | – | – | Data exchange platform is provided for sharing and monetizing data. | |
| infstones.com | 2018 | Palo Alto, United States | $165.5M | – | Decentralized infrastructure network for finance | |
| tari.com | 2017 | Oakland, United States | – | – | Digital assets are traded on Monero-based blockchain protocol. | |
| blocknative.com | 2018 | San Francisco, United States | $32M | – | Decentralized application development platform | |
| pontem.network | 2020 | Singapore | $10.5M | – | Provider of blockchain based application development platform |
Detailed competitors of SettleMint
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of SettleMint
The website of SettleMint (settlemint.com) receives about 9.2K visits a month.
- Monthly visits9.2K
▲ 3.1% vs previous month
Websites whose visitors overlap most with SettleMint. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| openzeppelin.com | 100% | 145.2K | #301,479 | View details |
Top companies in Blockchain & Decentralized Infrastructure
10 companies that operate in the same segment as SettleMint (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | 708 | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 997.58 M | USD 101.34 M | 307 | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | 166 | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 563.9 M | – | 366 | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | 151 |
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Related news about Settlemint
Complete news archive for SettleMint
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Frequently Asked Questions about SettleMint
SettleMint was founded in 2016.
SettleMint is headquartered in Antwerp, Belgium.
Matthew Van Niekerk is the current CEO of SettleMint. They have also founded this company.
SettleMint is a funded company, having raised a total of $17.63M across 5 funding rounds to date.
SettleMint has 34 employees.
The primary company behind SettleMint, Settlemint India Services Private Limited, reported revenue of ₹10.77 Cr for FY 2025, up 6% year on year.
SettleMint is established as a leader in blockchain transformation, providing enterprise-grade solutions for digital asset deployment and decentralized application development. The company is engaged in offering full-stack blockchain infrastructure through its platform, alongside specialized kits for asset tokenization across various sectors like finance and public services. Solutions such as bond tokenization, equity tokenization, and stablecoins are developed to address specific industry needs. Comprehensive support, documentation, and training are provided to empower teams with necessary skills and methodologies for blockchain adoption. The platform is designed to simplify development with pre-configured tools, ensuring scalability and security for all use cases.
SettleMint's top competitors include Consensys, Digital Asset and Figment.
SettleMint offers Asset Tokenization Kit, Blockchain Platform, Bond Tokenization, Equity Tokenization, and Stablecoin.
SettleMint has 9 investors. Key investors include Fujitsu, European Union, Molten Ventures, The Hashgraph Group, and OTB Ventures.
SettleMint operates through Settlemint India Services Private Limited.
The legal entities of SettleMint currently have 2 directors, including Shahzad Fatmi, Sana Praveen.