Category : Switzerland

Swiss Payment App TWINT Adds Three New Members to Its Executive Board

Swiss mobile payment app TWINT announced that Jens Plath, Adrian Plattner and Thomas Graf will be joining its Executive Board, effective 1 April 2023 onwards. TWINT said that Plath, Plattner and Graf have played a significant role in the positive dev...

Digitales Geschäftskonto für KMU’s: Relio erhält Fintech-Lizenz

Relio erhält von der Eidgenössischen Finanzmarktaufsicht (FINMA) die Fintech-Lizenz. Mit der Bewilligung plant das Startup die Lancierung eines digitalen Geschäftskontos für KMU. Mit einer eigens entwickelten Compliance-Technologie richtet sich das A...

Swiss Fintech Study 2022: Fintech Sector Rebounds After 2021 Decline

After a market slump in 2021, the Swiss fintech industry rebounded in 2022, with the number of companies operating in the sector rising, investment increasing, and banking incumbents stepping up their digitalization game, a new report by the Lucerne...

8 Hot DeFi Startups in Europe to Watch in 2023

Despite slumping markets, the decentralized finance (DeFi) industry continued to grow last year, driven by sustained funding activity and increased user adoption. In 2022, DeFi users growth averaged 44% quarter-over-quarter (QoQ), according to a repo...

Maerki Baumann Partners With Redalpine to Launch New Venture Capital Fund

Zurich-based private bank Maerki Baumann & Co. announced that it has partnered with Redalpine Venture Partners, a Swiss venture capital firm, to launch a new venture capital fund for its private clients. The investment opportunity is based on the...

Maerki Baumann’s Clients Can Now Invest in Redalpine’s Venture Capital Fund

Zurich-based private bank Maerki Baumann & Co. announced that it has partnered with Redalpine Venture Partners, a Swiss venture capital firm, to enable its clients to invest in the latter’s venture capital fund. The partnership allows Maerki Baum...

SICTIC Facilitated Close to 70% Of IT, Fintech Funding Rounds in 2022

The Swiss ICT Investor Club (SICTIC), a non-profit organisation that connects investors to local early stage tech startups, reported that it had facilitated 106 out of the 153 funding rounds for Swiss early-stage startups in the ICT and fintech secto...

SICTIC Facilitated Close to 70% Of Swiss Early Stage ICT, Fintech Funding Rounds in 2022

German Fintech Cashlink Closes Series A Led by TX Ventures

Germany-based Cashlink Technologies announced the closing of its mid seven-digit Series A fundraising round led by fintech investor TX Ventures. Details of the fundraise was not disclosed. The round was also joined by Futury Capital, BMH Hessen, busi...

Globe Pivots From Telco to ‘Techco’ to Find the Big Problems and Solve Them at Scale

Digital solutions platform Globe is accelerating its pivot from a traditional telecommunications company to a full-fledged tech enterprise, always on the lookout for the next big problem to solve towards digital enablement and transformation. Ernest...

Competition Heats up Among Digital Nomad Visa Nations

As the digital nomad lifestyle becomes increasingly popular, countries around the world are setting up special visa programs for remote workers and digital entrepreneurs, allowing them to legally live and work in the country. So-called digital nomad...

ECB Survey: Nearly All EU Banks Have Digital Transformation Strategy in Place

Advancements in technology, rising demand for digital solutions and increased competition have prompted European banking incumbents to undertake digital transformation journeys. To understand the status of banks’ digitalization efforts, the European...

7 Startups Selected for Tenity’s Latest Swiss Incubation Programme

Tenity, Swiss fintech accelerator formerly known as F10, has selected 7 early-stage startups from 5 countries for the 10th edition of its incubation programme running out of Zurich which kicked-off this week. The selected startups will receive an ini...

Taking Stock of CBDCs and the Cross-Border Payments Landscape in Europe

Recent technological innovations and increasing demand for convenience and security have expedited the shift to digital systems, including financial systems. This has become the catalyst for people and businesses to find new ways of interacting and c...

Aisot Technologies Raises CHF 1.8 Million Seed Funding

Aisot Technologies, a spin-off from ETH Zurich developing AI-powered portfolio insights for equity and crypto markets, announced that it received CHF 1.8 million in a seed funding round. The round was led by Swiss investment firm Haute Capital Partne...