Seba Bank raises $119M in Series C funding

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Mo’ money, less problems! WeAreSEBA announces the completion of a successful Series C funding round that saw it receive $119 million to further develop its digital asset banking platform.

Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars.

The bank said it plans to use the funds to fuel international growth and drive demand from institutional investors in the digital assets industry. Seba has been at the forefront of crypto innovation in Switzerland. In September 2021, the firm was granted the first Swiss

 

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