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Relai

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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Overview

Project industryExchanges & Wallets
Product typeApp
FoundedSwitzerland

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.

Details

Raised: 7,500,000 USD

Legal

Registration country: Switzerland
Registration year: 2020
Office address: Langstrasse 136 in 8004 Zurich Switzerland

Relai Roadmap

1
2019
  • 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.
2
2020
  • 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.
3
SPRING 2021
  • 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
4
WINTER 2021
  • Relai 2.0 launches. Along with lower fees, more features, the new app comes with entirely new branding and an even simpler user experience.
5
Q1 2023

UX/UI IMPROVEMENTS

  • Simpler and more beautiful handling

FASTER & CHEAPER

  • Receive your Bitcoin even faster
  • Lower fees
6
Q2 2023

EXTERNAL WALLET STACKING

  • Stacking to an external wallet will become easier

SAVING BUCKETS

  • Create saving buckets for your kids, family or friends

MORE PAYMENT METHODS

  • Even more payment methods
7
Q3 2023

WHITELABELING

  • Hardware wallet integration as Bitbox, Trezor, and Ledger
  • Other apps will be able to use the Relai fiat to bitcoin onramp via our API
8
Q4 2023

WHEN LIGHTNING?

  • 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

LIGHTNING API

  • Other apps will be able to use the Relai fiat to Lightning onramp via our API

Project team

Julian Liniger
Julian Liniger
CEO & Co-Founder
Julian Liniger linkedin
Adem Bilican
Adem Bilican
CTO & Co-Founder
Adem Bilican linkedin
Maurizio Trenti
Maurizio Trenti
CFO
Maurizio Trenti linkedin
Imo Babics
Imo Babics
CMO
Imo Babics linkedin

Social media

Relai web-siteRelaiYouTubeRelai TelegramRelai LinkedInRelai Twitter

MVP

App storeGoogle Play

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