Relio is developing the first Swiss digital bank account specifically for SMEs. Many companies struggle with bureaucratic hurdles when opening an bank account and then throughout the banking relationship. Relio's technological platform allows compliance to be largely automated. As a result, even complex companies can open a business bank account within 24h without increasing Relio's risk.
The Swiss fintech is also working on tools and software integrations that will save SMEs a lot of time and make teams even more productive. The startup was founded in December 2020 by Lav Odorovic and three other founders. Odorovic had previously built Challenger bank Penta as founder and CEO.

Press releases

26. April 2021

Compliance without complications: SME-Neobank Relio secures pre-seed financing from SIX FinTech Ventures, High-Tech Gründerfonds and F10-Accelerator

Zurich-based fintech startup Relio secures a CHF 0,7 million pre-seed investment from SIX FinTech Ventures, High-Tech Gründerfonds, F10 Accelerator and Angel Investors. Founded by ex-Penta founder Lav Odorovic the company offers SME customers a bank account within a short time thanks to its automated and granular compliance checking process - and this also for customers with more complex compliance backgrounds. Anyone starting a business needs a corporate account. But unfortunately, the

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Relio AG
Hohlstrasse 188, 8004 Zurich, Switzerland

In portfolio

01. Jan 2021

HTGF Manager

Daniela Bach, Senior Investment Manager