Category : News

New Gold Token by SEBA Bank Allows Digital Ownership of Physical Gold

FINMA-licensed digital assets banking platform SEBA Bank has launched its Gold Token, a regulated digital token for investment in and delivery of physical gold on-demand. The SEBA Bank Gold Token enables investors to own a digital form of physical go...

Temenos Expands Microsoft Partnership to Bolster Its Cloud Banking Product

Global banking software company Temenos is expanding its strategic relationship with Microsoft to meet the growing demand for its SaaS and banking services. The company is looking to grow its SaaS and open banking solutions under the Temenos Banking...

Mexican Fintech Clara Clinches Unicorn Status With US$70 Million Series B

Mexico City-based end-to-end corporate spend management solution Clara has secured US$70 million in a Series B equity financing round. The round was led by Coatue, and takes Clara’s valuation to US$1 billion. With the Series B, Clara has become the f...

VT5 Becomes SPAC to Go Public on the SIX Swiss Exchange

VT5 Acquisition Company has become the first company to go public on the SIX Swiss stock exchange through a special purpose acquisition company (SPAC) listing. The IPO comprised an offering of 20,000,001 class A shares along with 6,666,657 redeemable...

VT5 Becomes First SPAC to Go Public on the SIX Swiss Exchange

90% Of North American Consumers Manage Money Through Financial Apps: Report

Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. The report found more than 80% of consumers in the US – and 90% of younger co...

Klarna and GoCardless to Power Bank Debit Payments in the US

Global buy now pay later (BNPL) solution provider Klarna has partnered with UK-headquartered account-to-account payments solution provider GoCardless. The partnership will enable Klarna to provide bank debit payments to over 21 million US customers,...

Unit8: Artificial Intelligence for Good Causes – And Not Just at Christmas

The leading Swiss AI start-up Unit8 gives something back to society – not just at Christmas, but throughout the year, too. Employees use 10% of their working time for projects dedicated to charitable purposes. Refugees, homeless people, children and...

Switzerland Insurtech Industry Ranks 4th Within Europe: IFZ Study

With 50 insurtech companies, Switzerland is one of Europe’s largest hubs for insurance innovation. The figure puts the country at the fourth position amongst 31 European nations in absolute number, surpassing Spain, Italy, the Netherland and Sweden,...

Switzerland’s Insurtech Industry Ranks 4th Within Europe: IFZ Study

SafeSide und Swisscom kooperieren bei Electronic-Seal-Versicherungs-Lösung

SafeSide Life AG, die Betreiberin der unabhängigen Plattform für reine Lebensversicherungen in der Schweiz, gibt seine Partnerschaft mit Swisscom bekannt. Um fälschungssichere Kundendaten zu garantieren, hat SafeSide das Electronic-Seal von Swisscom...

Roll Out of Digital Euro Could Transform Payments in Germany

A digital programmable euro is essential for innovative business models in Germany, according to the Frankfurt School Blockchain Centre (FSBC). The FSBC is a think tank and research centre focusing on the business implications of blockchain. It publi...

BBVA Switzerland Adds Ether to Its Crypto Trading Service

BBVA Switzerland, the Swiss franchise of Spanish multinational financial institution BBVA, has expanded its cryptocurrency custody and trading service with the addition of Ether to its investment portfolio. Its private banking clients and new gen cus...

New Swiss Fintech Startup Map December 2021 (Christmas Edition)

Swisscom has released the updated Swiss Fintech Startup Map for December 2021, welcoming 6 new Swiss startups for this month Christmas Edition The map provides regular updates on the Swiss fintech landscape in the region now displays a grand total of...

Visa Invests in LATAM Open Finance Platform Belvo’s US$43 Million Series A

Visa has invested in Mexico City-headquartered open finance API platform Belvo through its US$43 million Series A. The two companies have also signed a strategic partnership to jointly develop open finance solutions in Latin America, a statement from...