Company Name: SwissBorg
Founders: Cyrus Fazel, Anthony Lesoismier
Founded when and where: 2015 in Lausanne, Vaud
Your solution in short: Our goal at SwissBorg is to create a Meritocratic Wealth Management platform based on smart contracts. We want to bring to crypto wealth management professional expertise for everybody.
What we do and how we do it:
We have built investment products to generate performance in the crypto wealth management that either our SwissBorg community will invest in, or external investors by buying our tokens on the secondary market will. This in the first step to develop our wealth management backbone, by swarming our intelligence. Further developments will include an exchange platform, payment solutions and ICO issuance expertise. Also, we aim to be fully regulated to be able to offer these services to the more people possible. Finally, being a community-centric company, all CHSB token (SwissBorg Network Token) holders will participate in the development of the SwissBorg network through the concept of a smart referendum. Our community will be rewarded by voting on the most promising projects that bring true value to SwissBorg’s platform.
Number of employees: 15
Funding: 20 millions already committed, looking for 30 more through our ICO.
Why Switzerland is a great place to be a fintech startup:
Switzerland is a great place for several reasons. Authorities have understood the importance of blockchain companies and are trying to regulate them in a intelligent way, by consulting with them what solutions are relevant. Swiss democratic/ political model is a blockchain before it in a way. Decentralised, democratic where every voice counts and where the level of meritocracy is really effective. People earn what they contribute. Finally Switzerland has since a long time ago this mantra of liberal stance on commercial exchanges with no tax zones, like bilateral treaties with the EU. All these elements are in a way the essence of blockchain and of SwissBorg, therefore Switzerland is a real great place to be in for a fintech startup.