Nomos is a fintech platform that provides global financial market infrastructure for cross-border payments and cash management, utilizing advanced technology to enhance liquidity and reduce settlement costs. The platform enables financial institutions to streamline operations, improve capital efficiency, and meet regulatory requirements while minimizing systemic risk.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions face challenges in cross-border payments and cash management due to market fragmentation, disparate legacy technology platforms, and nationally siloed regulations. This results in reduced capital efficiency, higher systemic risk, and limited oversight capabilities.
Solution
Nomos provides a global financial market infrastructure (FMI) designed to streamline cross-border payments and cash management for financial institutions. The platform aims to de-risk the digital transformation for banks, especially correspondent banks, by offering global utility functions. Nomos enables banks to evolve their business operating models, protect or grow profitability, deliver improved services to clients, and meet regulatory objectives. The solution focuses on workflow transformations that eliminate the need to replace existing technology, simplifying business models and improving capital efficiency.
Target Audience
The primary target audience includes financial institutions, particularly correspondent banks, seeking to improve their cross-border payment and cash management processes.
Features
- Global financial market infrastructure for cross-border payments and cash management
- Facilitates workflow transformations to eliminate the need to replace existing bank IT systems
- Aims to reduce market fragmentation and improve capital efficiency
- Enhances oversight capabilities for financial institutions
- Designed to meet regulatory requirements while minimizing systemic risk