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143%
Raised
€2,159,470
Investors
873
Target
€1,500,000

Convertible round

Rather than investing and immediately receiving shares, in this round payments will be transferred directly to the company and shares issued at a future date. A convertible allows a company to raise funds without having to agree a valuation. For more information please view our FAQs.

Relai is on a mission to break down the barriers to bitcoin to give everyone, everywhere the opportunity to buy and save it. Through its fuss-free mobile app and welcoming approach to both regulation and non-bitcoiners, Relai wants to unlock bitcoin’s potential as a savings vehicle and asset class.

  • 80k app downloads 
  • 24k active users
  • 2.5m CHF invested so far from investors including Redalpine
  • Independently audited
Information €1.2M of funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has already received these funds, and the Company has indicated up to €240k may be spent whilst the pitch is live. Completion of the Crowdcube raise will occur on the same material terms.

Idea

No longer just a corner of the internet, we believe that bitcoin is going from niche to mainstream, and quickly. Relai's goal is to be at the forefront of this shift by offering informed, empowered and secure investment in bitcoin.

Relai first went live in July 2020. Since, it has been downloaded more than 80,000 times across 46 countries, and currently boasts over 24,000 active users. Relai charges an all-inclusive commission of 1-2.5% on every transaction.

Featured in the likes of Coindesk and Bitcoin Magazine, Relai has been winning over the cryptocurrency and investor media with its easy-to-use app.

Relai will be using the funds raised in this round to scale its user base across Europe. Elsewhere, it has plans to make its UX even simpler, in particular for those who are new to buying and selling bitcoin.

Relai's ambition is to launch additional features such as a VISA debit card, and has an ultimate aim to allow buying and selling bitcoin from anywhere in the world.

Indirectly supervised by FINMA (Swiss financial-markets regulator) as a Self Regulatory Organisation of VQF, Relai is built to be fully compliant with Switzerland’s Anti-Money Laundering Act.

As the original cryptocurrency, bitcoin is leading the way when it comes to entering the mainstream. Relai's goal is to foster this change - the time is now to invest in their journey.

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Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

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Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.