Julian joined forces with Adem. The young team started working on an idea of a hassle-free Bitcoin app at the F10 hackathon in Zurich, Switzerland.
After months of sweat, blood, and tears, the Relai app hit the app stores. We finished the year with a total trading volume of CHF 2 million.
We raised CHF 2.5 Million in Series A. The capital was used for building a Bitcoin broker and becoming a regulated virtual asset service provider. In addition to that, Relai 2.0 launched. Along with lower fees, more features, the new app came with entirely new branding and an even simpler user interface.
We worked hard to make our app better and better. We also added new instant payment options, available 24/7. Including VISA, Mastercard, Apple Pay and Google Pay.
We raised USD 4.5 million, led by ego death capital, to strengthen our position as the leading retail bitcoin-only on-ramp in Europe. We also launched Relai Business, added zero-fee trading, and added a non-custodial Lightning wallet directly to the Relai app.