Category : Switzerland

Crypto Firm Circle Announces Intentions To Be a National Digital Currency Bank

Circle, creator of the second largest stablecoin USDC, announced its intention to become a full-reserve national commercial bank, operating under the supervision of the Federal Reserve, U.S. Treasury, Office of the Comptroller of the Currency (OCC),...

Nubank Leads US$44 Million Investment Round in Indian Neobank Jupiter

Brazilian challenger bank Nubank announced that it led a US$44 million investment round in Jupiter, an Indian digital bank which launched its beta app about a month ago. This marks the first investment that Nubank has made into another company. The f...

Australian Digital Bank Alex Goes Live on Temenos

Swiss banking software company Temenos announced that Australia’s newest digital bank, Alex, has gone live on The Temenos Banking Cloud. Temenos technology powers Alex’s launch as a licensed bank, following the acquisition of its Restricted-Authorize...

Austrian Unicorn Bitpanda To Invest €10 Million for a Blockchain Hub

Bitpanda, the Austrian digital investment platform which recently achieved unicorn status, announced that it will be investing €10 million over the next two years into the newly launched Blockchain Research & Development Hub. The new Blockchain R...

16 Upcoming Fintech Events in the US

Across the US and around the world, live events are back in full force and gathering steam. In key fintech hubs like New York and California, major trade shows and events are scheduled to take place in the coming months, promising to gather some of t...

Swiss Proptech emonitor Raises CHF 5 Million in Series A Funding Round

Swiss proptech startup emonitor announced that it has successfully raised over 5 million Swiss francs Series A financing round to further develop technologies in the “home” ecosystem. New investors in this round include St. Galler Kantonalbank, Graub...

Neobank Mercury Bags US$120 Million, Looks To Crowdfund US$5 Million More

Mercury, a San Francisco-based fintech startup which offers banking services for startups, announced that it has raised US$120 million during its Series B funding round and is now valued at US$1.62 billion. The round was led by Coatue, with participa...

Square Inks Deal To Acquire Australian BNPL Firm Afterpay for US$29 Billion

Digital payments company Square announced that it has agreed to acquire Australia’s Buy Now, Pay Later (BNPL) firm Afterpay in a in an all-stock deal worth approximately US$29 billion. The closing of the transaction is expected in the first qua...

Fenergo’s Acquisition Gets the Green Light From the EU Commission

The acquisition of Irish regtech firm Fenergo by private equity firms, the Paris-based Astorg and London-based Bridgepoint has been concluded in a US$600 million deal. The transaction was completed following approval by the European Commission. This...

Fenergo’s Acquisition Gets Green Light From the EU Commission

Commission-Free Trading Pioneer Robinhood Seeks US$35B Valuation in Upcoming IPO

Robinhood, the US startup that pioneered commission-free trading, is seeking a market valuation of up to US$35 billion in its upcoming initial public offering (IPO) on July 29. In its submission to the US Securities and Exchange Commission (SEC), the...

Commission-Free Trading Pioneer Robinhood Seeks US$35B IPO Valuation

SEBA Bank Strengthens APAC Presence With Appointment of New Asia CEO

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced the appointment of Sam Lin as its Chief Executive Officer for Asia with immediate effect. This appointment is in line with SEBA Bank’s aim to strengthen the off...

2 Schweizer Krypto-Startups im Mastercard Accelerator dabei

Mastercard startet ein weiteres globales Startup-Engagement-Programm. Start Path unterstützt schnell wachsende junge Unternehmen aus den Bereichen Digital Assets, Blockchain und Kryptowährungen. Sieben Startups haben sich dem Programm angeschlossen:...

Swiss Fintech Tradeplus24 “Raises” $225 Million To Drive Expansion

Swiss small and medium enterprise (SME) financing startup Tradeplus24 has raked in $225 million in a mix of equity and debt financing, Australian Financial Review (AFR) reported. Of the total funding, $25 million is in equity financing and the remain...