Relio, a Zürich, Switzerland-based fintech firm that gives SME prospects a digital fee account, raised CHF3M in Seed funding.
Backers included TX Ventures, Excessive-Tech Gründerfonds, and SIX Fintech Ventures, F10, daFUND, QBIT International Ventures, and a number of other enterprise angels.
The corporate intends to make use of the funds to advance the event of the tech stack and work on acquiring a FINMA Fintech license.
Led by CEO Lav Odorovic, Relio is creating a digital fee account particularly for SMEs. The corporate’s technological platform permits compliance to be largely automated. In consequence, advanced firms can open a enterprise account with a Swiss IBAN.
Odorovic beforehand constructed the German challenger financial institution Penta as founder and CEO.
FinSMEs
24/01/2023
