Category : News

Facebook Pay Rebrands to Meta Pay to Align with Broader Metaverse Ambitions

Facebook’s parent company Meta has rebranded its online payments service to Meta Pay, bringing the firm’s payments offering closer to its broader rebrand and aligning it with its grand ambition to building the ultimate metaverse. On June 23, 2022, Fa...

FNZ Snaps up Swiss Private Banking Tech Company New Access

London-based wealth management platform FNZ announced that it has acquired New Access, a private banking technology firm primarily active in the markets of Switzerland, Liechtenstein and Luxembourg. Terms of the agreement were not disclosed. FNZ said...

Crypto.com Secures Regulatory Approval to Operate in Italy

Crypto.com announced that it has received registration and regulatory approval from the Organismo Agenti e Mediatori (OAM) in Italy as a provider of virtual currency and digital wallet services. This approval will enable Crypto.com to offer a suite o...

Fintech Funding Slows Down in Switzerland

In the first half of 2022, fintech companies in Switzerland raised a total of CHF 349 million through 23 rounds, falling behind sectors including information and communications technology (ICT) and cleantech, data from Startupticker.ch’s Swiss Ventur...

SAP Green Tokens Tap Blockchain for Improved Transparency in Plastic Recycling

DIC Corporation, one of Japan’s leading fine chemical manufacturers, is launching a pilot project which seeks to utilize blockchain technology and crypto tokens to improve transparency in plastic recycling and help it meet its environmental, social a...

BX Swiss and FlowBank to Waive Fees for Swiss Shares Trading

The Swiss stock exchange BX Swiss and the Geneva-based online bank FlowBank announced that they will enable private investors to trade Swiss shares with zero commission until further notice. BX Swiss has welcomed FlowBank as a new trading partner. Fl...

BLKB unterstützt St.Galler FinTech Kaspar&

Kaspar& ist seit Ende Februar 2022 auf dem Schweizer Markt. Das Spin-off der HSG und ETH offeriert mit seinem App Zahlungsmöglichkeiten und regt seine User zum Sparen und Anlegen an. Die BLKB unterstützt das FinTech Start-up und seine innovativen...

BLKB unterstützt St.Galler Wealthtech Startup Kaspar&

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...