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SEBA Bank wins the 2021 Digital Wealth Management Impact Innovation Award in the category “Digital Startup of the Year” by Aite Group

Zug, 08 June 2021 – SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced to be the proud winner of Aite Group´s 2021 Digital Wealth Management Impact Innovation Awards in the category “Digital Startup of the Year”.

Aite Group recognizes innovative financial institutions leveraging best-in-class initiatives and celebrates the industry’s best and brightest financial services firms. The winners and the awards will be presented during Aite Group’s Digital Innovation in Wealth Management Forum taking place virtually on 17 July 2021. The awards program honors innovations achieved by wealth management firms leveraging technology to surpass the status quo. Award recipients are leading the industry by identifying and implementing new products, capabilities, and levels of automation and effectiveness that are bringing the industry one step closer to next-generation financial services. They are the wealth management firms, regardless of size, that others will follow.

“This year’s Impact Innovation Awards clearly demonstrate that wealth management firms globally have made tremendous progress in all areas of digital client engagement over the last 18 months,” says Aite Group research director Alois Pirker. “Excelling digitally has allowed leading firms to not only stay connected with their clients in times of social distancing but also transform their business models, expand client service offerings, and reach new client segments.” he adds.

A global panel of six external experts on digital wealth management selected the winner based on the following criteria:

  • Level of innovation and competitive advantage
  • Market needs assessment
  • Impact on customer experience and on customer operational efficiency
  • Level of new revenue opportunity for the organization
  • Impact on customer retention and new customer attraction
  • Level of scalability across customer base
  • Future roadmap

The award “Digital Startup of the Year” is a proof that SEBA Bank has a dedicated, experienced and highly innovative team in place. SEBA Bank is very proud that its achievements and performance have been honored, and we would like to sincerely thank our clients and partners for their trust. Last but not least we would like to express our gratitude to all our employees: their dedication and expertise made this proud achievement possible.

About SEBA Bank – The Future of Digital Banking, Investing & Financing
Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence – the first time a reputed, regulatory authority such as FINMA has granted a licence to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank’s value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights names SEBA Bank as Top 50 Companies within the blockchain ecosystem.

About Aite Group
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, Aite Group guides financial institutions, technology providers, and consulting firms worldwide. Aite Group partners with clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger.
For more information about Aite Group, please visit their website.

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