Category : News

Revolut Bank Continues Rollout Across Europe; Launches in Austria

UK digital banking unicorn Revolut has started operating as a bank in Austria, marking the 13th country in which it is launching as a licensed specialized bank. Revolut Bank secured a specialized banking license from the Bank of Lithuania in 2018, wh...

6 Fast-Growing Fintech and Blockchain Startups from Zug

Within the Greater Zurich Area, Zug has emerged as a hotspot for fintech startups, home to some of the world largest and most renowned blockchain projects and networks including Ethereum, Cardano and Polkadot. The canton is primarily known for hostin...

Payments Firm SumUp Acquires Fivestars for US$317 Million

SumUp, a London-based global payments service provider, announced the acquisition of Fivestars, America’s commerce network that combines a marketing platform with integrated payments, for US$317 million in a mix of cash and stock. The acquisiti...

Facebook to Hire 10,000 New European Talent to Help Build Its Metaverse

Social media giant Facebook announced its plan to create 10,000 new high-skilled jobs within the European Union (EU) over the next five years to help build its “metaverse”. The computing platform is a a new phase of interconnected virtual...

German Asset Manager DWS Group Acquires Minority Stake in Smart Pension

Smart, a global savings and investments technology platform provider based in London, announced that DWS Group has acquired a minority stake in the firm by joining its £165 million series D funding round. The DWS Group is a German asset management co...

Marc Hauser Appointed as New Head of F10 Switzerland

Fintech incubator and accelerator F10 announced that it has appointed Marc Hauser as new Head of Switzerland and a member of its global leadership team. ‍Gerrit Sindermann, who has been leading F10 Switzerland until recently, decided to pursue...

Embedded Finance Firm Alviere Raises US$70 Million in Funding

Alviere, a New York-based embedded finance platform offering single-integration plug and play software services, announced that it had raised US$70 million of new funding. This latest round includes the participation of existing investors Viola Ventu...

Halo Investing Bags Over US$100 Million Series C, Plans to Set up Office in the UAE

Halo Investing, a Chicago-based multi-issuer technology platform for protective investment solutions, announced that it has raised over US$ 100 million in Series C funding. The latest fundraising round was led by Owl Capital and included the Mubadala...

Advisory Firm Nebula Capital Partners Set to Launch BNPL-Focused Fund

London-based advisory firm Nebula Capital Partners (NCP) is launching a fintech lending focused fund project which bridges the gap between traditional and digital finance. NCP aims to bring the emerging asset classes of digital lending and embedded f...

7 Must-Know Fintech Startups from Geneva

Geneva, a leading international financial center, is seeing the emergence of a burgeoning fintech sector. Today, the region is home to some 39 fintech companies that cover various segments ranging from blockchain and crowdfunding, to regtech and weal...

London Fintech 9fin Secures £8 Million Series A Led by Swiss VC Redalpine

9fin, a London-based provider of data, news and predictive analytics for debt capital markets, has announced an £8 million Series A round to fuel its expansion into the US. The company will expand into the US market by opening a New York-based office...

Yokoy Co-Founder and CMO Shares Ambitions, Expansion Plans

Swiss spend management specialist Yokoy is on an expansion spree. After launching in Austria and Germany less than a year ago, the startup is already planning to conquer new markets, Yokoy co-founder and CMO Melanie Gabriel told Fintech News Switzerl...

Die St.Galler Kantonalbank startet mit Open Wealth API

Als erste Schweizer Bank stellt die St.Galler Kantonalbank gemäss eigenen Angaben per sofort eine standardisierte Programmierschnittstelle (OpenWealth API) für ihre Depotbank-Services zur Verfügung. Die Programmierschnittstelle ermöglicht einen siche...

Salt Edge, Supernovae Labs Partner to Boost Open Banking in Italy

Italian fintech accelerator Supernovae Labs has joined forces with open banking solutions provider Salt Edge to provide financial institutions and third-party providers a much more secure and reliable way of aggregating bank data and initiating payme...

Next Gen Finance Professionals Need to Embrace Major Upskilling to Keep Pace

Refinitiv’s new report “Workspace Without Limits” explores the data challenges financial professionals are facing, and the role that technology, interoperability and programming skills play in solving for some of these challenges; e...