Category : Switzerland

Insurtech Wefox ernennt ex Zurich CEO zum neuen Chief Insurance Officer

Das InsurTech wefox ernennt Peter Huber (49) zum Chief Insurance Officer (CIO). Vorbehaltlich der regulatorischen Bewilligung durch die FMA Liechtenstein übernimmt der Spitzenmanager als Leiter des eigenen Versicherungsträgers die Expansion in den Be...

Zurich Ties up With BOXX Insurance, Invests in Its Series A Fundraise

Zurich Insurance Group announced a global collaboration with Toronto-based insurtech BOXX Insurance (BOXX), which provides fully-integrated cybersecurity and insurance solutions for small-to-medium-sized businesses (SMEs), consumers and families. Tec...

Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions for Undisclosed Sum

Entrust, an American digital security and credential issuance solutions provider, announced that it has signed a deal to acquire Antelop Solutions, a Paris-based fintech that enables financial institutions to issue secure digital credit and debit car...

Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions

Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management

Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe. With this new partnership, Solarisbank is leveraging Feedz...

Swiss Digital Identity Firm fidentity Secures Undisclosed Sum of Investment

Swiss digital identity firm fidentity announced that it has raised an undisclosed sum during a recent financing round with Spicehaus Swiss Venture Fund as lead investor and several experienced angel investors. With the fresh capital, fidentity will e...

Swiss Digital Identity Firm fidentity Secures Funding From Spicehaus Venture Fund

TrueLayer Earns Unicorn Badge With US$130 Million Funding From Stripe

London-based open banking platform TrueLayer announced that it has secured US$130 million, earning the unicorn badge with a company valuation of more than US$ 1 billion. The funding round was joined by Tiger Global and Stripe. This brings TrueLayer&#...

Coinbase to Invest US$500 Million Into Crypto Assets

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of qu...

Switzerland Lags Behind in Adopting Robo-Advisors, Investment Tech

Swiss investors are lagging behind their European counterparts in embracing investment technology services. A new survey by Swiss banking technology provider Avaloq, which polled 1,430 investors across 10 countries in Europe and Asia, found that only...

Open-Banking-Weichensteller actesy neu im F10-Accelerator-Programm

Die actesy AG erhält in Zukunft Unterstützung vom Fintech-Beschleuniger F10 in Zürich. Das Ostschweizer Unternehmen ist eines von 25 europäischen, asiatischen und amerikanischen FinTech- und InsurTech-Startups, welches für das neue Förderungsprogramm...

SpotOn Raises US$300 Million in Series E Funding to Acquire Appetize

SpotOn, provider of mobile payment technology and management system for restaurants and small businesses, announced US$300 million in Series E funding, raising its valuation to US$3.15 billion. The funding, which comes four months after SpotOn’...

Swiss VC btov Partners Closes US$135 Million Fund Focused on European Tech Startups

Swiss venture capital firm btov Partners announces the final closing of its new digital technologies early-stage fund with a volume of US$135 million. It’s the second fund that focuses entirely on digital technologies, and the ninth for btov Partners...

Goldman Sachs to Acquire GreenSky, Led Form3’s US$160 Million Series C

Goldman Sachs Group has signed a deal to acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately US$2.24 billion. GreenSky’s differentiated lending capabilities and mar...

Avaloq Ventures Rebrands as FiveT Fintech Following Spin-off From Group

Swiss core banking solution provider Avaloq announced that the investment advisor of its fintech investment fund is being spun off from the group by means of a management buyout and renamed as FiveT Fintech. This will give the management team more ag...