SEBA Bank Completes Series B Fundraising to Fuel Growth For Providing Smart Banking and Full Services in Digital and Traditional Assets
FINMA licenced Swiss Seba Bank – who already present a seamless, safe and easy-to-use bridge between digital and conventional property – authorized the completion of its Series B capital enhance at its Extraordinary General Meeting right this moment. SEBA Bank is primed to gas and speed up its development technique according to the group.
Guido Bühler, CEO of SEBA Bank, said:
“I am delighted that the strengths of SEBA Bank and its track record in 2020 were recognised by our existing key shareholders and new investors leading them to participate in a second capital raise. This support will allow us to accelerate the strong growth SEBA Bank is delivering as we also plan to expand into new markets in Middle East and Asia and support US institutional clients.”
All current key shareholders and new buyers from Switzerland, Europe and Asia participated within the capital elevate. With this strategic milestone, SEBA Bank is well-positioned to additional deploy its home and worldwide enlargement and seize excessive development.
SEBA Bank has right this moment secured fairness capital which is able to additional strengthen its capital base, and this new fairness will enable to develop the product and repair providing, enhance SEBA Bank’s lending capability for purchasers and begin leveraging the established hub in Switzerland into new markets.
SEBA Bank will tokenise its shares of the Series B fundraising quickly after the blockchain legislation will come into pressure in Switzerland.
The capital elevate follows the completion of our main built-in digital and conventional funding platform. SEBA Bank will leverage its distinctive differentiators together with:
- Most safe custody and pockets companies with a military-grade safety resolution
- Top built-in buying and selling platform together with spot, derivatives and credit score
- End-to-end tokenisation platform throughout the complete lifecycle of digital property and currencies
- A large providing of funding merchandise and discretionary mandates supported by institutional grade buy-side analysis