Corporate information
Company type
Fully integrated, FINMA-licensed digital assets banking platform.Overview
Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealers license, and in September 2021 the CISA licence – the first time a reputed, regulatory authority such as FINMA has granted such licenses to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank's value proposition unique - this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights name SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category "Digital Startup of the Year", and LinkedIn list SEBA Bank as one of the Top Startups 2021 in Switzerland.
Funding rounds
Series C CHF 110,000,000
USD 119,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
DeFi Technologies Inc | Technology company bridging the gap between traditional capital markets and decentralised finance. | CHF 25,000,000 Initial investment. Led the round. | |
|
Alameda Research LLC | Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. | CHF 1,000,000 Initial investment. | |
|
Altive Ltd | Alternative investment platform. | Initial investment. | |
|
Ordway Selections GmbH | Private Investment Office based in Zug, Switzerland. | Initial investment. | |
|
Summer Capital Management Co Ltd (夏焱资本管理有限公司) | Asia-based investment company. | Initial investment. | |
|
Julius Baer | Swiss wealth management group. | Follow-on investment. |
Series B CHF 20,000,000
USD 22,500,000 ( )
The names of the investors who participated in the round have not been disclosed by the bank.
Team
| Employee | Position | ||
|---|---|---|---|
|
Sébastien Mérillat (founder) | ||
|
Franz Bergmüller | ||
|
Markus Blattmann | ||
|
Joseph Chee | ||
|
Cheney Cheng | ||
|
Ritesh Dutta | Head
Trading and Treasury |
|
|
Mike Foy | ||
|
Myles Harrison | ||
|
Sanjeev Karkhanis | ||
|
Evangelia Kostakis | ||
|
Hans Kuhn | ||
|
Urs Lehmann | Head
Legal and Compliance |
|
|
Colin McQuade | ||
|
Markus Menzl | Chief Commercial Officer
Europe |
|
|
Päivi Rekonen | ||
|
Guy Schwarzenbach | ||
|
Amy Wu |
Former team members
| Employee | Company | Position | ||
|---|---|---|---|---|
|
Guido Buehler (founder) | GILOCA AG |
