Swissborg

Swissborg is a Swiss-based fintech platform that offers financial services, including wealth management, trading, and a native token called CHSB. The company provides decentralization and traditional financial assets through its mobile app and smart investment tool. The company is headquartered in Switzerland and has offices in Lisbon and Tallinn.
History
Swissborg was founded by Cyrus Fazel and Anthony Lesoismier in 2017 in Lausanne.
In 2017, Swissborg raised over $50 million. In 2018, Swissborg held one of the first on-chain referendums on Ethereum, with 25,000 participants. A second referendum allowed community members to vote on the sector they would first like to engage in an ICO mentoring program.
From 2018 to 2023, the company grew from a dozen experts to more than 200.
In April 2020, Swissborg launched the Swissborg Wealth app, a wealth management app that enables the buying, storing, and/or trading of blockchain-based digital assets. The Swissborg app includes a Smart Engine that analyzes hundreds of trading pairs to find the best trade whether you buy or sell in your local currency.
In March 2021, more than 280,000 people used the Swissborg app, and the company had US$1 billion of assets under custody.
In December 2017 and January 2018, SwissBorg's ICO raised $53 million from 24,000 people in more than 149 countries.
On November 28, 2022, Swissborg launched in the UAE. The app aims to facilitate investments for a broad user base.
In April 2023, Swissborg concluded a €24 million Series A fundraising, breaking records in community-driven capital raising. The round sold 13,651,189 shares to 16,841 investors, achieving a valuation of roughly €200 million Swiss Francs.

Main Menu

See Also

Main Menu