Relio offers digital business accounts with a Swiss IBAN, enabling companies to open accounts online without minimum deposits. The platform provides multi‑currency wallets, transparent foreign exchange rates, and international payments with fixed monthly pricing. Additional features include premium support, upcoming smart debit cards, and integrations with accounting tools.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TVFounders
Product
Problem
Traditional business accounts often involve hidden fees, complex international transactions, and limited support for businesses with complex structures. Opening an account can be a lengthy process, particularly for SMEs with international activities, foreign owners, or innovative business models.
Solution
Relio provides a digital business account featuring a Swiss IBAN, designed to streamline financial operations for SMEs. The platform facilitates international transactions and supports multiple currencies, aiming to eliminate hidden costs and provide transparent exchange rates. Relio simplifies the account opening process through online registration and compliance automation, offering tailored support for businesses with complex ownership or industry-specific requirements. Client funds are securely deposited at the Swiss National Bank (SNB), and the platform holds a fintech license by the Swiss Financial Market Supervisory Authority (FINMA).
Target Audience
Relio primarily targets freelancers, startups, and SMEs, especially those with international business activities, foreign owners and directors, complex ownership structures, or innovative business models.
Features
- Swiss IBAN for international transactions
- Online account opening process
- Multi-currency support with transparent exchange rates
- Tailored support for complex business structures, including international activities and foreign ownership
- Compliance automation for simplified onboarding
- Client funds deposited securely at the Swiss National Bank (SNB)
- FINMA (Swiss Financial Market Supervisory Authority) fintech license
- Fixed monthly fee pricing model
- Upcoming smart debit cards with individual budget limits for teams and employees
- Upcoming software integrations with business and accounting tools