ApideckTape
← Embedded Finance Index 2026

SEBA Bank

“Can a fully regulated Swiss bank become the global institutional gateway between traditional finance and crypto?”

Founded2018
HQZug, Switzerland
IndustryBank / National
The story

Founded in 2018 in Zug as SEBA Crypto AG, the firm became one of the world's first regulated crypto banks when FINMA granted it a banking and securities-dealer license in 2019. It expanded into fund custody in 2021 via a CISA license, then rebranded to AMINA Bank AG and pursued a multi-jurisdictional footprint — ADGM branch, Hong Kong entity, and a MiCAR-regulated Austrian entity — positioning itself as a globally-passported bridge between traditional banking and digital assets.

Last 12 months
—
Product timeline
0
Launched ADGM branch in Abu Dhabi and MiCAR-regulated entity AMINA (Austria) AG for EU passporting.· banking
2019
SEBA Crypto AG receives Swiss banking and securities dealer license from FINMA — first digital-asset-focused bank in Switzerland.· banking
2021
Granted FINMA collective investment scheme custodian license (CISA), first for a digital-asset bank.· banking
2024
Rebranded from SEBA Bank to AMINA Bank AG.· pivot
Regulated entities
5
regulatory licences held by SEBA Bank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in SEBA Bank’s embedded-finance stack
Payments / PSP
AMINA Payment Network (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Crypto
in the full report
Treasury
in the full report
Accounting gap: minor
7 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

SEBA Bank — frequently asked

What bank does SEBA Bank use?

SEBA Bank discloses AMINA Bank AG (in-house) as its banking provider, according to the Embedded Finance Index 2026.

Is SEBA Bank a bank?

SEBA Bank does not disclose a bank charter of its own; its banking services are provided through AMINA Bank AG (in-house).

Who is SEBA Bank's payment processor?

SEBA Bank processes payments through AMINA Payment Network (self-operated).

Who issues SEBA Bank's cards?

SEBA Bank's cards are issued through AMINA Bank AG (in-house).

Who provides SEBA Bank's lending?

SEBA Bank's lending and capital products are provided by AMINA Bank AG (in-house).

Which crypto provider does SEBA Bank use?

SEBA Bank's crypto products run on AMINA Bank AG (in-house).

What is SEBA Bank's embedded finance stack?

The Embedded Finance Index 2026 maps 6 layers in SEBA Bank's stack: Payments / PSP (AMINA Payment Network (self-operated)); Banking / BaaS (AMINA Bank AG (in-house)); Card issuing (AMINA Bank AG (in-house)); Lending (AMINA Bank AG (in-house)); Crypto (AMINA Bank AG (in-house)); Treasury (AMINA Bank AG (in-house) and AMINA Stablecoin Rewards Account (in-house)).

Where is SEBA Bank headquartered?

SEBA Bank is founded in 2018 and headquartered in Zug, Switzerland.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against SEBA Bank and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to SEBA Bank and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.