Relio
Latest round
- Seed
Last raised
- Jan 2023
Total raised
- $3.2M
Investors
- 6
About Relio
Relio, founded in 2020, operates in Zurich, Switzerland, specializing in digital banking for business customers.Relio offers a comprehensive digital banking solution tailored specifically for business customers, featuring a Swiss IBAN account. The core product allows users to conduct international transactions without hidden fees, exchange currencies at transparent rates, and manage multiple currencies through separate digital wallets. Additionally, Relio is set to launch physical and virtual debit cards for teams and employees, enabling businesses to establish individual budget limits. These offerings are designed to streamline financial operations for small to medium-sized enterprises (SMEs) and startups, enhancing productivity through integrations with business and accounting tools.Relio generates revenue through a fixed monthly subscription model, which grants businesses access to their digital banking services without incurring additional hidden costs. The pricing structure is designed to cater to the specific needs of individual companies, providing tailored packages based on the features utilized. Revenue is primarily derived from this subscription service, as well as potential transaction fees associated with currency exchanges and international payments. The firm’s focus on transparent pricing ensures clients are well-informed about the costs associated with their services. As part of its growth strategy, Relio aims to expand into additional European markets by the end of 2023 and to broaden its global presence thereafter.
Who invested in Relio
6 investors across 1 round
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Funding rounds
Seed
Jan 10, 2023
Amount
$3.2M
Investors
Questions about Relio
Who invested in Relio?
Relio has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Relio raised?
Relio has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Relio last raise money?
Relio's most recent round on record is a Seed, in Jan 2023.
What does Relio do?
Relio, founded in 2020, operates in Zurich, Switzerland, specializing in digital banking for business customers.
Where is Relio headquartered?
Relio is headquartered in Zurich, Switzerland.
Which VCs invest in companies like Relio?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Relio's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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