Relai is making bitcoin saving and investment accessible for everyone. The bitcoin-only app is simple and intuitive, enabling anyone to buy and sell bitcoin within minutes, with no need for registration, verification, or deposits.
Seed Round. Details
Series A Funding Round: $2.5 Million
Funding Round: $4.5 Million
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What is Relai
The start-up was founded by Julian Liniger and Adem Bilican when they were looking for a hassle-free way to safely buy bitcoin. They created the platform to allow retail investors buy and sell bitcoin without the additional constraints of registration, verification, or deposits – it also gives investors full control of their funds via a non-custodial bitcoin wallet.
Driven by the belief that Bitcoin is the best way to save money, Relai is raising a new generation of long-term investors by giving them simple, user-friendly, and secure access to Bitcoin.
DetailsRaised: 7,500,000 USD
LegalRegistration country: Switzerland
Registration year: 2020
Office address: Langstrasse 136 in 8004 Zurich Switzerland
- Julian joins forces with Adem. The young team starts working on an idea of a hassle-free Bitcoin app at the F10 hackathon in Zürich.
- After months of sweat, blood, and tears, the Relai app hits the app stores. We finish the year with a total trading volume of CHF 2 million.
- We raised CHF 2.5 Million in Series A. The capital is used for building a Bitcoin broker and becoming a regulated virtual asset service provider
- Relai 2.0 launches. Along with lower fees, more features, the new app comes with entirely new branding and an even simpler user experience.
- Simpler and more beautiful handling
FASTER & CHEAPER
- Receive your Bitcoin even faster
- Lower fees
EXTERNAL WALLET STACKING
- Stacking to an external wallet will become easier
- Create saving buckets for your kids, family or friends
MORE PAYMENT METHODS
- Even more payment methods
- Hardware wallet integration as Bitbox, Trezor, and Ledger
- Other apps will be able to use the Relai fiat to bitcoin onramp via our API
- The Relai wallet will become Lightning enabled to send & receive BTC instantly and for free
- Buy & sell small amounts of BTC instantly, hourly, and for free
- Other apps will be able to use the Relai fiat to Lightning onramp via our API