The first cryptocurrency bank in Switzerland, Seba, is undergoing a rebranding. The company announced on Friday that it will now be known as Amina Bank. Seba, which was founded in April 2018 and received a license from the Swiss Financial Market Supervisory Authority (FINMA) in 2019, aims to accelerate its expansion into foreign markets with the new name. The bank already has approval to operate in Abu Dhabi and recently obtained a license from authorities in Hong Kong. The renaming of the bank signifies a new chapter in its history, with CEO Franz Bergmüller stating that they plan to accelerate growth in their centers in Switzerland, Hong Kong, and Abu Dhabi, while continuing their global expansion. Despite the rebranding, customers of Amina Bank will not be affected, as all business operations will continue as usual with the same contacts.

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Information Details
Geography Middle East
Countries 🇨🇭
Sentiment very positive
Relevance Score 1
People Franz Bergmüller
Companies Seba, Amina Bank, Julius Bär, Finma
Currencies None
Securities None

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