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News by FinTech Collective Archive

SEBA Bank AG raises $119m in Series C funding

Sarah Wolter

January 12, 2022

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Sarah Wolter

Switzerland based online bank focused on digital assets raised $119m in Series C funding led by a consortium of investors including Altive, Ordway Selections, Summer Capital and DeFi Technologies.

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“As we see more jurisdictions move closer to enacting their own digital asset regulation, this certainty will lead to greater demand among institutional players for access to institutional-grade digital asset products and services,” said Guido Buehler, chief executive officer of SEBA Bank, in emailed comments.

https://www.bloomberg.com/news/articles/2022-01-12/julius-baer-backed-crypto-banking-platform-raises-119-million?sref=EcccZSTc

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