This week, Swiss digital asset bank SEBA announced the completion of its Series B capital raise.
In Brief:
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The amount raised is undisclosed.
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The round included all existing key shareholders and new investors from Switzerland, Europe and Asia.
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SEBA offers a seamless way to bridge digital and traditional assets.
What does this mean?
SEBA says the capital raise leaves the FinTech “primed to fuel and accelerate its growth strategy”. It says the equity capital it has secured will further strengthen its capital base. It wants to increase lending capacity and start to expand from its Swiss hub into new markets.
