← State of Embedded Finance 2026

Swissborg

Can SwissBorg become the go-to regulated crypto wealth platform in Europe by combining exchange, yield, and embedded payment/card products in a single app?

Founded2017
HQLausanne, Switzerland
Total raised$75.7M
IndustryFintech / Crypto
The story

Founded in 2017 as a community-centric crypto wealth management platform, SwissBorg initially focused on democratising access to digital assets across Europe. It progressively embedded regulated financial infrastructure — including OpenPayd for BaaS/payments and Monavate for card issuance — to enable fiat on/off-ramps and a Mastercard debit card backed by real-time crypto-to-fiat conversion. The company obtained VASP licenses in France and Estonia to underpin its regulated multi-country operations, and in 2025-2026 expanded into corporate treasury accounts and a physical crypto card, signalling a shift from pure exchange towards a broader digital wealth platform.

Last 12 months
2026-02
2025-07
Product timeline
2017
SwissBorg founded in Lausanne, Switzerland as a crypto wealth management platform.· pivot
2018
Partnership announced with ETHLend to explore asset-backed crypto lending.· lending
2021
Selected OpenPayd's banking-as-a-service platform for embedded financial infrastructure, payments, and fiat on/off-ramp services.· banking
2022
Obtained VASP registrations in France (AMF, E2022-034) and Estonia (FVT000326) under SwissBorg Solutions OÜ.· pivot
2025
Launched Corporate Accounts product offering crypto treasury management for businesses.· banking
2026
Launched the SwissBorg Crypto Card (Mastercard) issued by Monavate, enabling real-time crypto-to-fiat conversion at point of sale.· card
Regulated entities
Virtual Asset Service Provider (VASP)
France (AMF) · 2022
SwissBorg Solutions OÜ
Virtual Asset Service Provider (VASP)
Estonia (Financial Intelligence Unit)
SwissBorg Solutions OÜ
The stack
Banking / BaaS
OpenPayd
Card issuing
Monavate
KYC
Onfido
FX & payouts
OpenPayd
Accounting gap: minor