Swiss Crypto-Friendly SEBA Bank To Raise An Additional $96.5M 2 Months After Getting License

2020-1-18 18:45

SEBA, is the famous crypto bank which obtained its regulatory license last year in November from the Financial Market Supervisory Authority (FINMA). The crypto asset bank is looking to raise a secondary capital of 100 million Swiss Francs which is equivalent to $95 million US Dollar, reported Financial News London.

SEBA and its competitor Sygnum were among the very first and one of its kind crypto banking service providers to receive a regulatory clearance from FINMA. The crypto bank in question had massive success with the first funding round as well where they raised $103 million and this is the reason they are quite confident of their secondary fundraiser.

The crypto bank which was officially launched just six months ago is already planning to expand in 9 countries including Singapore, Hong Kong, UK, Italy, Germany, France, Austria, Portugal, and the Netherlands. Although Seba hasn’t launched any branch in these countries, the institutional investors can still open their account with the crypto bank.

The crypto banking service providers currently support five major cryptocurrencies on their platform which includes Bitcoin, Ethereum, Stellar, Litecoin and Ethereum Classic. The crypto bank also offers a range of banking services to make crypto transactions and handling quite easy. They offer SEBA wallet app, e-banking services, and SEBA card along with the provision for crypto to crypto and crypto to fiat conversion as well.

Switzerland is a Crypto Heaven

Switzerland is considered among the most crypto-friendly countries on earth due to progressive and user-friendly regulations. This is the reason it has become the alternate choice for many crypto service providers who fails to obtain regulatory clearance in their native country. Switzerland was the choice for Facebook to register their nascent crypto project Libra as they were aware of regulatory scrutiny back home in the United States.

Given Seba’s rapid expansion plans, a significant portion of the funds raised from the second funding round could be utilized towards that aspect.

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bank seba million financial swiss license crypto

Источник: bitcoinexchangeguide.com

bank seba → Результатов: 43


Фото:

Bitcoin-Friendly Bank SEBA Expands to Nine More Countries

SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019.

2019-12-12 13:43


Фото:

Криптобанк SEBA охватит еще девять стран

Швейцарский криптобанк SEBA Bank AG в декабре начинает работу еще в девяти странах: Великобритании, Италии, Германии, Франции, Австрии, Португалии, Нидерландах, Сингапуре и Гонконге. Об этом сообщила его пресс-служба.

2019-12-2 14:30


Криптовалютный банк SEBA начал работу в Швейцарии

Швейцарский SEBA Bank AG заявил, что корпоративные клиенты, управляющие активами и профессиональные частные инвесторы теперь могут открывать криптовалютные счета в организации. В следующем месяце банк планирует начать привлечение клиентов из ряда иностранных юрисдикций.

2019-11-14 10:09


Фото:

Открылся швейцарский криптобанк SEBA

Швейцарский SEBA Bank AG (ранее - SEBA Crypto AG) заявил, что корпоративные клиенты, управляющие активами и профессиональные частные инвесторы уже могут открывать криптовалютные счета.

2019-11-14 20:30


Начал работу швейцарский криптобанк SEBA, получивший более $100 млн инвестиций

Швейцарский SEBA Bank AG (ранее — SEBA Crypto AG) заявил, что корпоративные клиенты, управляющие активами и профессиональные частные инвесторы уже могут открывать криптовалютные счета. Об этом сообщает The Block.

2019-11-13 19:37


Фото:

Seba Crypto AG’s Plans to Launch a Regulated Crypto Bank Moves Forward With Successful Fundraising

With Switzerland-based private banks, the destination of choice among the world’s elite, the Swiss have long been known as masters of finance and wealth management. Apparently, the Swiss have not lost their touch even in this age of digital currencies as the world is about to witness the birth of one of the first fully […] Seba Crypto AG’s Plans to Launch a Regulated Crypto Bank Moves Forward With Successful Fundraising was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-29 16:59


Фото:

Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank

A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate.

2018-9-28 00:30


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