Category : News

McKinsey Report: Metaverse to Generate up to US$5 Trillion in Impact by 2030

By 2030, the metaverse could generate up to US$5 trillion in impact, a sizeable opportunity that will be brought about rapid adoption of immersive virtual environments by consumers, rising openness to digital assets and new technologies, and heavy in...

SIX Digital Exchange’s Web3 Unit Partners With Fireblocks

SIX Digital Exchange’s Web3 dedicated unit, SDX Web3 Services, announces a strategic collaboration with Fireblocks, the digital asset and crypto technology platform. SDX Web3 Services is already working on integrating SDX non-custodial staking access...

What You Need to Know About EU’s Crypto Framework

The European Union (EU) brings crypto-assets, crypto-asset issuers and crypto-asset service providers under a regulatory framework for the first time. The Council presidency and the European Parliament reached a provisional agreement on the markets i...

Ueli Maurer Recognised as Fintech Influencer at the Swiss Fintech Awards 2022

The much-anticipated seventh edition of the Swiss Fintech Awards has announced the winners for the year 2022 on the evening of June 29 in Zurich. This year’s awards had three categories; Fintech Influencer of the Year, Growth Stage Startup of the Yea...

Here Are the Winners of the Swiss Fintech Awards 2022

Crypto Companies Put the Brakes on Sports Sponsorship Amid Market Crash

This year’s cryptocurrency crash, which saw the market lose more than half of its value in the span of six months, is threatening to bring sports sponsorship deals to a halt as crypto companies look to cut costs. Sources with direct knowledge told Th...

Top 29 Fintech Events To Attend in DACH in H2 2022

2021 was a blockbuster year for fintech funding globally. In Germany, Austria and Switzerland, also referred to as the DACH region, fintech funding increased four-fold to US$10.8 billion, data from research platform Fintech Global show. To showcase t...

Bank of America Makes Strategic Investment in iCapital to Deepen Partnership

iCapital, a fintech platform for alternative investments and investors, announced that the Bank of America has made a strategic investment in the company. Bank of America invested in iCapital at the same valuation as iCapital’s last funding round in...

France Central Bank Officer Praises the Potential of Open Finance

The European Union (EU) was among the world’s pioneers in open banking regulation, adopting since the late 2000s a series of directives to allow new types of market players to provide payment services alongside credit institutions, ultimately increas...

CityFALCON Raises US$2 Million From Holt Xchange, eToro and TBH

CityFALCON, which transforms unstructured financial content into structured data, has closed its equity fundraising campaign on private investment platform Seedrs after having secured £1.65 million (US$2 million). As a part of this fundraise, The Hol...

Cristiano Ronaldo and Binance Team Up for NFT Partnership

Binance announced an exclusive multi-year partnership with Portuguese football legend Cristiano Ronaldo. The five-time Ballon D’or winner is joining forces with Binance to provide a one-of-a-kind experience for football fans worldwide, with a series...

European Banking Authority Asks for PSD2 Review

The European Banking Authority (EBA) published today an Opinion and Report in response to the European Commission’s Call for Advice (CfA) on the review of the Payment Services Directive (PSD2). In its response, the EBA puts forward more than 200 prop...

SumUp Raises 590 Million Euro

SumUp has raised a €590 million funding round that gives the company an enterprise value of €8 billion following a decade of rapid growth and global expansion. The round was led by Bain Capital Tech Opportunities, with participation from funds manage...

Bundesrat trifft Richtungsentscheid für einen Schweizer Innovationsfonds

Der Bundesrat will den Standort Schweiz für Startups weiter stärken. Er hat am 22. Juni 2022 einen Richtungsentscheid zugunsten eines branchenneutralen Schweizer Innovationsfonds getroffen. Dieser soll die Finanzierung von Start-ups insbesondere währ...

4 Fintech Execs Make Top 100 B2B Marketers Leaderboard

HotTopics.ht, a thought leadership platform for business leaders, has announced 2022’s top 100 global marketing leaders in the technology sector. Of the 100 business-to-business (B2B) marketing executives selected, four represent financial and insura...