Tech Company Financing Transactions
Relio Funding Round
Relio closed a $3.3 million financing round on 1/10/2023. Investors included private investors, TX Ventures and daFUND.
Transaction Overview
Company Name
Announced On
1/10/2023
Transaction Type
Venture Equity
Amount
$3,250,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Lav Odorovic)
TX Ventures (Lead Investor)
Proceeds Purpose
This funding round aimed at supporting the launch of a digital payment account for business customers.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Hohlstrasse 188
Zürich, 8004
CH
Zürich, 8004
CH
Phone
Undisclosed
Website
Email Address
Overview
Opening a business account at traditional banks often means weeks of waiting, lots of paperwork, and poor service. Digital banks can do things differently. Unfortunately, the one-size-fits-all compliance and customer service of these neobanks just don't work for complex business clients. Relio now offers the benefits of a digital business account to complex companies in need of a fully customized approach.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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