Category : News

Economic Downturn and Market Sell-Off Take a Toll on Fintech Fundraising, Valuation

2021 was a record-breaking year for fintech funding and unicorn minting. Globally, fintech companies attracted an all-time high US$132 billion last year, more than double 2020’s figure. Soaring funding activity pushed valuations to new heights, allow...

Wealthtech Tifin Acquires Professional Investor Community Platform SharingAlpha

TIFIN, a fintech platform using artificial intelligence (AI) and investment-driven personalization to shape the future of investor experiences, announced its initial launch into international markets through the acquisition on SharingAlpha, a communi...

Kaleido Private Bank to Leverage InCore Bank’s Digital Asset Services

Kaleido Private Bank has selected banking service provider InCore Bank and IT service provider SOBACO to revamp its business processes as well as transaction banking. The boutique bank has also opted for the additional integration of InCore Bank’s Di...

New Research Finds Centralization Risks in Public Blockchains, Cryptocurrencies

Despite claims of immutability and decentralization, cryptocurrencies and public blockchains, including Bitcoin and Ethereum, are not quite delivering on their promises and are seeing a concentration of power in the hands of a few players. A new repo...

Adyen Goes Live With Tap to Pay on iPhone

Adyen has officially launched Tap to Pay on iPhone, which allows businesses to use iPhones to accept contactless payments without the need to purchase or manage additional hardware. By partnering with NewStore, businesses including Vince and Burton c...

Oper Credits Raises €11 Million in Series A Funding Round

Oper Credits, a Belgian-Swiss digitised mortgage SaaS firm and a F10 alumni, announced that it has secured a €11 million Series A equity round led by Bessemer Venture Partners and ABN AMRO Ventures. The fundraise was also joined by its existing share...

F10 Set to Tokenise Its Shares on the SIX Digital Exchange

Swiss fintech accelerator F10 will issue its shares on the SIX Digital Exchange (SDX), a regulated digital asset exchange and Central Securities Depository (CSD), where shares are tokenised, while the share registry services will be provided by Aequi...

Findependent schliesst 1.2 Mio CHF Seed-Finanzierungsrunde ab

Im Februar 2021 ging die Anlage-App von findependent live. Seither konnten fast 5000 Kund:innen gewonnen werden. Nun hat das Fintech Startup eine Seed-Finanzierung über 1’200’000 Franken erhalten. Die Gelder stammen von einer Gruppe institutioneller...

Stableton Raises CHF 15M in Series A Funding Round Led by TX Ventures

Stableton Financial AG, a Switzerland based platform for Alternative Investments, completed the closing of its CHF 15 million Series A funding round. The funding round was led by TX Ventures, the VC arm of Swiss media company TX Group. In addition, i...

From Crypto Stamp to Crypto Vaults: Swiss Post Office Embraces Bitcoin

The price of bitcoin has been in freefall in recent weeks, but that doesn’t seem to bother the most conservative of financial institutions – the banking arm of the Swiss post office. PostFinance is stepping up its drive to grant customers access to c...

Wefox: 400Mio USD Series-D Finanzierungs-Runde

Das digitale Versicherungsunternehmen wefox hat in ihrer Series-D Finanzierungsrunde 400 Mio. USD eingenommen. Die Post-Money-Bewertung von wefox steigt so von 3 Mrd. USD im Jahr 2021 auf 4,5 Mrd. USD. Angeführt wird die Finanzierungsrunde von Mubada...

Binance Secures Virtual Asset Service Provider Registration in Spain

Binance’s subsidiary Moon Tech Spain, S.L., has been granted registration as a Virtual Asset Services Provider(VASP) by the Bank of Spain. This registration will allow Binance to offer crypto asset exchange and custody services in Spain in complianc...

Foreign Fintech Companies Flock to Peru

Peru’s fintech industry is expected to get a boost this year, driven by favorable regulatory developments and rising demand for more accessible and inclusive financial services. Javier Salinas, director of Emprende UP, the center for entrepreneurship...

Revolut Taps Stripe to Support Payments in the UK and Europe

Stripe, a financial infrastructure platform for businesses, announced that Revolut will use Stripe to support payments in the UK and Europe and accelerate its expansion into new markets. After launching in the UK with money transfer and exchange serv...

Europe’s Next 10 Fintech Unicorns

Sifted has released its ranking of this year’s top 100 fastest-growing business-to-business (B2B) soonicorns poised to join the ranks of Europe’s US$1 billion-plus startups. Among this year’s ranking, 37 are B2B fintech companies, making the category...