Category : News

French Healthcare App Alan Raises €185 Million at €1.4 Billion Valuation

Alan, a France-based digital health insurance platform, announced last week the closing of a €185 million Series D funding round, bringing the company’s total valuation to €1.4 billion. The funding comes as Alan doubles its member base to 155,000 and...

Kid-Focused Startup Greenlight Snags US$260 Million in Series D Funding Round

Greenlight Financial Technology, a debit card for kids and a mobile app that empowers parents raise financially-smart children, announced the close of a US$ 260 million Series D funding round. This brings Greenlight’s total funding to over $550...

Current Raises US$220 Million Funding, Triples Valuation to US$2.2 Billion

US-based challenger bank Current announced that it has raised $220 million in Series D funding and tripled its valuation to $2.2 billion in just five months. Current has now raised over $400 million in total funding. Andreessen Horowitz led the round...

Verse: Solving the in-App Instant Payments Challenge

Verse, a mobile P2P payments provider, wanted to seize an opportunity to move quickly on the P2P payments scene to allow its users to instantly send money to any eurozone country – without the need for Verse to rely on an intermediary to execute paym...

Amazon to Roll Out Pay-With-Palm at Whole Foods Stores

Amazon.com announced that it is rolling out its biometrics technology Amazon One as a payment option at Whole Foods stores in the Seattle area over the coming months. The multinational company had introduced Amazon One as a fast, convenient, contactl...

Helvetia Venture Fund Acquires German Property Finance Company Baufi24

The Helvetia Venture Fund is investing in Baufi24, a German property finance company, by acquiring its shares as part of a series A financing round. Venture capital firm btov also took part in the financing round alongside Helvetia Venture Fund. The...

56 Fintech Billionaires Worth a Combined US$327B in 2021

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful finte...

Relio Aims to Build Digital Accounts for Swiss SMEs

Relio, a Swiss provider of digital accounts for SMEs, announced the closing of a pre-seed financing round of CHF 0.7 million with SIX FinTech Ventures and High-Tech Gründerfonds (HTGF). The firm also received additional support from the former Revolu...

St.Galler Fintech revolutioniert das Anlegen des Altersguthabens

Die PSS, führende Fintech-Spezialistin für die Anlage des freien Altersguthabens, lanciert eine neue Fintech-Anlageplattform – zugeschnitten auf das Kundensegment 55+. Die neue PSS-Plattform ermöglicht die vollständig papierlose Kundenbetreuung, wobe...

Klarpay Secures FINMA License, Plans to Roll Out Borderless Multi-Currency Accounts

Zug-based merchant payments company Klarpay announced that it has secured a license to offer borderless multi-currency accounts to digital businesses from the Swiss Financial Market Supervisory Authority (FINMA). Switzerland introduced the fintech li...

12 Fintech Leader Women to Follow in Switzerland in 2021

Fintech News Switzerland has selected some fintech women leaders in the Swiss fintech sector. These 12 women have gained the trust and respect of their peers through hard work, dedication and leadership. They are now driving changes in the traditiona...

Finnova Introduces ‘Open Banking As a Service’ Solution

Finnova, a Swiss provider of banking solutions, announced that it is launching its ‘open banking as a service’ solution with the implementation of the Swiss NextGen Banking API. The as-a-service solution enables the simple, efficient and...

2 Swiss Startups Chosen for PwC’s UK Wealthtech Accelerator Programme

PwC has announced the latest cohort of fintechs who have joined the Wealth Scale programme which will support nine wealthtech businesses. Two of the startups chosen were Swiss-based; Conser and 3rd Eyes Analytics. The other startups that made the lis...

BLKB Starts Digital Bank Project “Radicant”

Swiss cantonal bank Basellandschaftliche Kantonalbank (BLKB) in partnership with with Dr. Anders Bally, the founder of venture firm Bally Capital Partners, announced that they have launched Radicant, a Zurich-based digital financial services provider...

Tencent-Backed BUX Raises $80 Million to Expand Its Free Trading Platform

BUX, a European mobile brokerage company based in Amsterdam and London, announced that it has raised US$ 80 million from a group of investors. The funding round was led by Prosus Ventures and Tencent, with participation from additional new investors...