Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news

Breaking-Finance.Com - The co-founder of German digital bank Penta is launching a new venture, called Relio, targeting Swiss SMEs.

Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news

Breaking-Finance.Com - The co-founder of German digital bank Penta is launching a new venture, called Relio, targeting Swiss SMEs.

Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news
01 April 2021 - 15:00

Breaking-Finance.Com - The co-founder of German digital bank Penta is launching a new venture, called Relio, targeting Swiss SMEs. Relio says that while digital banks have mastered intuitive user interfaces and lower prices, the associated simplification and standardisation can be limiting when serving SMEs.Founder Lav Odorovic has experience in tackling this problem from his time at Penta, which targeted German freelancers, startups and small businesses.

. "Our promise is compliance without complications," says Odorovic, with the entire platform built around regulatory technology.Currently running a wait list as it applies for a Finma licence, Relio has graduated from the F10 accelerator and claims to have the backing of two, so far unnamed, institutional investors.

Source = Breaking-Finance.Com

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Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news


Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news


Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news


Finance Breaking news Penta co-founder preps Swiss SME digital bank last financial news

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