SEBA Bank Raises Much Bigger Round for Series C

Posted on 01/13/2022

SEBA Bank AG is a Swiss crypto banking platform. SEBA Bank raised around 110 million CHF (US$ 119 million) in Series C funding from Julius Baer Group, Hong Kong-based Summer Capital, Ordway Selections GmbH, Alameda Research, Altive, and DeFi Technologies.

Alameda Research is a global cryptocurrency quantitative trading firm and liquidity provider. DeFi Technologies is one of the first publicly listed (NEO) blockchain investment companies for traditional investors specializing in decentralized finance. Ordway Selections identifies and invests into best-in-class digital assets and core blockchain infrastructure. Altive is an alternative asset management company for technology, consumer and healthcare sectors, and part of an Asia-based private investment group.

In December 2020, SEBA Bank closed a Series B funding round of 20 million CHF.

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