Blufolio Blockchain Venture Capital Fund Invests in YAPEAL

YAPEAL is a Zurich-based digital banking start-up founded by an experienced team of finance and technology professionals. YAPEAL is initially addressing a specific section of the Swiss consumer market, with strong potential for mid-term growth via a B2B proposition.

“We are delighted to support the growth of YAPEAL, which targets a clear gap in the Swiss banking market. We see great opportunities for YAPEAL’s world-class management team to scale the company’s offering via partnerships in the Swiss and broader European market”, says Balazs Klemm, blufolio founding partner.

James Dougall, blufolio founding partner, describes how YAPEAL fits into blufolio’s investment philosophy: “Switzerland and Fintech are blufolio’s absolute cornerstone investment themes. YAPEAL fits perfectly into both. We always look for a clearly defined target market and ability to execute, which must both be given, in addition to a strong blockchain-related product and tech stack. YAPEAL delivers on all fronts. We look forward to accompanying them on their growth path.”