SwissBorg has announced it will launch a “Wealth App”; part of its mission to build a fair, accessible and community-centric wealth management ecosystem.
The SwissBorg Wealth App will allow users to access investment products in a few clicks. Available on both iOS and Android, users buy, sell and exchange digital assets with fiat currencies.
Accessibility was a key goal and it was built with the least tech-savvy user in mind.
In a recent test, the app’s multi-node Order Execution Management System (SwissBorg’s smart engine) performed successful BEST execution on four of the top crypto-exchanges.
Cyrus Faizel, CEO & co-founder of SwissBorg, said: “From day one, it has been SwissBorg’s objective to build a community-centric financial ecosystem that enables anyone, anywhere to be in control of their own wealth. Myself, my co-founders and my wider team have come from the traditional world of finance and banking. We witnessed just how elitist and unfair the traditional world has been on so many.
“So Swiss-Borg was created to realise a world that is possible today – a world that empowers fulfilment, inclusiveness, and freedom to each and every one of us. The launch of our Wealth App delivers perfectly on our mission, and we look forward to bringing financial freedom to many.”
Founded in 2017, SwissBorg has had an interesting two years. It held its ICO in Switzerland in 2017-18 and raised $50m. It has also launched a token and attained important licences to enable custody of digital asset wallets to and to conduct cyptocurrency trading.
Furthermore, the SwissBorg Community App was launched in March 2019 and was also a pre-launch to the Wealth App. It was a Bitcoin price prediction app that aimed to educate users on Bitcoin and trading. The app was adopted by millions of users.
In 2018, SwissBorg ran one of the first decentralised referendums on the ethereum blockchain, allowing the community to vote on the team’s projects.