Category : News

UK Challenger Monzo Ranks Top in Social Media Mentions Amongst Neobanks

Between December 2019 and June 2020, UK digital challenger Monzo dominated the neobanking conversation across all media ahead of other regional leaders including Revolut and N26, according to a new research by Ten Bear Group and Rila Global Consultin...

UBS wird Hauptpartnerin der Digitalen Swiss Fintech Fair

Am 07. und 08. September findet auch in diesem Jahr wieder die grösste Fintech-Messe der Schweiz statt, die Swiss Fintech Fair. Die Veranstalter des Fintech-Verbands Swiss Finance Startups konnten UBS als Hauptpartnerin für das Event gewinnen. Bereit...

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The...

Mastercard Collaborates With Microsoft to Accelerate Digital Commerce Startup Innovation

Mastercard and Microsoft announced a collaboration to drive innovation of digital commerce and startup ecosystems enabling financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabl...

Wealth Managers Name Greenfield Digital Banking as Top Innovation Strategy

Greenfield business builds continue to be a top innovation strategy for the banking and wealth management industry, according to a new study by the Economist Intelligence Unit (EIU) and Temenos. In a report titled Forging new frontiers: Advanced tech...

Marc Bernegger Joins Gentwo Advisory Board

The well-known fintech entrepreneur Marc P. Bernegger is the newest member of GENTWO‘s Advisory Board. As an experienced startup expert and fintech investor, he will support the company’s growth initiatives as well as providing valuable advice...

The Swiss National Cyber Security Centre, the Trust Valley and Autonomous Bubbles

Cybercrime is a growing menace, affecting one in seven people in Switzerland. Reported attacks have risen threefold since the onset of coronavirus. The Swiss National Cyber Security Centre, officially born this month, has its work cut out even with t...

Visa Announces Support for Cryptocurrencies

Visa has indicated its plan to turn its focus onto cryptocurrencies in a blog post titled “Advancing our approach to digital currency”. This push into cryptocurrencies is due to its belief that “digital currencies have the potential...

Uzbekistan’s First Digital Bank TBC Goes Live

Capital Banking Solutions, a provider of integrated banking software, announced that TBC Bank first digital bank in Uzbekistan and the subsidiary of TBC banking group in Georgia goes live with its open platform solution. The first digital bank in Uzb...

Spicehaus Partners Fund: 50 Million CHF for Digital Transformation Startups in Switzerland

The Spicehaus Swiss Venture Fund was launched in 2019 with a target size of CHF 50 million investing in start-ups that drive digital transformation. The latest investments of the Spicehaus Swiss Venture Fund are in the areas of fintech, robotics, and...

Spicehaus Partners Fund: 50 Million CHF for Digital Transformation Startups

Dutch Neobroker BUX Launched Its Investing App in France

BUX launched its zero-commission mobile investing app for its French users, making it the first neobroker of its kind in the market. This will be the third country launch for BUX in 2020, following the launch in Germany and Austria earlier in the yea...

New Blockchain-Based Payment Systems Seek to Improve Cross-Border Trade Transactions

A new partnership between banking consortium Fnality International and software development firm Epam will seek to use blockchain technology to improve efficiency in cross-border trade transactions, enable faster trade settlement and reduce risk, Epa...

Barcelona Stock Exchange Aims to Become a Fintech Hub

Bolsas y Mercados Españoles (BME) has joined Barcelona Tech City as a Global Partner. The alliance reinforces Barcelona Tech City’s commitment to the fintech sector through BME, which is one of the main financial players in the Spanish and Euro...

Central Bank of France Announces CBDC Partners Including Swiss Seba Bank

The Banque de France has finalised the 8 companies that were selected to test out the use of Central Bank Digital Currency (CBDC) for interbank settlements over the next few months. Firms selected by the central bank for the test phase are Accenture,...