Relai offers a mobile app that makes bitcoin saving and investment accessible by allowing anyone to buy and sell bitcoin within minutes with no registration, verification, or deposits. The company is working on expanding its product suite and improving its offering. Relai intends to use the new funding to continue product development and to expand operations. The team is pursuing a MiCA license as soon as possible. Relai was founded by Julian Liniger and Adem Bilican and operates out of Switzerland. It recently completed a Series A funding round to support its growth plans. Relai is a Zürich, Switzerland–based provider of a non-custodial bitcoin app that enables users to buy and save bitcoin. The app allows anyone in Europe to buy and sell bitcoin within minutes without registration, verification, or deposits and includes a non-custodial wallet that gives users full control over their funds. Relai recently expanded its platform to serve SMEs with a product called Relai Business. The company intends to use new funding to add zero-fee trading, upgrade to the Lightning network, and launch a white-label product enabling fintechs to offer fiat-to-bitcoin trading. Relai was founded by Julian Liniger (CEO) and Adem Bilican (CTO). It raised USD4.5M in the latest funding round. Relai is a Zurich-based bitcoin fintech app founded in 2020 by Julian Liniger and Adem Bilican that aims to make bitcoin investment and saving possible for everyone. Its core product is a consumer app for buying and holding bitcoin; the company says the app has been downloaded more than 100,000 times across Europe and, since its July 2020 launch, has recorded over 23,000 downloads and more than 10,000 paying customers. The latest funding will be used to expand its user base across Europe and to continue innovating the app and product experience. Planned product developments include increasing the number of currencies people can use to invest in bitcoin and launching a bitcoin debit card that rewards users with bitcoin on fiat purchases. Relai positions itself as a simple on-ramp to bitcoin for retail users and is focused on scaling adoption. Relai provides a mobile app that lets users invest in bitcoin within minutes using their own bank account and without extra deposits or registration. Led by CEO Julian Liniger, the company emphasizes simple, fast on‑ramps and direct delivery to user-controlled wallets. Relai is building proprietary brokerage capabilities to enable features such as instant purchases with price lock, optimized execution, and direct delivery to Relai or third-party wallets. The company launched in July 2020 and since then the app has been downloaded over 23,000 times. More than 10,000 users are active paying customers. The recent funding is intended to support the development of an efficient order-processing broker and new offerings for investors buying large amounts of bitcoin.

Total raised

$22M

Funding rounds

4

Latest round

Series A

Latest activity

Dec 2024