With this capital raise, SEBA Bank, a FINMA licenced Swiss Bank providing a bridge between digital and traditional assets, is primed to fuel and accelerate its growth strategy. All existing key shareholders and new investors from Switzerland, Europe and Asia participated in the capital raise.
SEBA Bank has secured equity capital which will further strengthen its capital base, and this new equity will allow to expand the product and service offering, increase SEBA Bank’s lending capacity for clients and start leveraging the established hub in Switzerland into new markets.
The capital raise follows the completion of our leading integrated digital and traditional investment platform. Guido Bühler, CEO of SEBA Bank, states: “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.”
SEBA Bank will tokenise its shares of the Series B fundraising soon after the blockchain law will come into force in Switzerland.
(Press release / SK)
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