Category : Switzerland

Mitigating the Risks of Digital Currencies

Digital currencies including cryptocurrencies, stablecoins and central bank digital currencies (CBDCs), have grown tremendously over the past years, attracting investors and financial services customers for their ability to hold and transfer value wi...

Onfido Appoints New CTO

Onfido, the global leader in automated identity verification, announced the appointment of Daniel Keller as Chief Technology Officer. Daniel brings over two decades of leadership experience to the company’s executive team alongside a track record of...

First Swiss Provider Offers ETF Saving and Trading for Kids and Teens

True Wealth is the first independent wealth manager to launch an ETF-based investment solution for children and young people. The product extension is aimed at parents and relatives who want to make the benefits of long-term securities investment ava...

New McKinsey Study Reveals Rising Adoption of Generative AI Among Businesses

Despite the nascent public availability of generative artificial intelligence (AI), experimentation with the technology is already common and organizations are deploying tools leveraging generative AI at a fast pace, a new study conducted by McKinsey...

Sanitas Becomes First Swiss Health Insurer in the Metaverse

Health insurer Sanitas is launching an interactive Experience Space in the metaverse that enables visitors to experience the healthcare partner and learn about its products and services in a virtual realm. With its presence in the metaverse, Sanitas...

Instimatch Secures CHF 11.5 Million Pre-Series A Financing

Instimatch Global AG announced the successful raise of the Pre-Series A round in the amount of CHF 11.5 million. The financing round was led by existing shareholders, current management team members, business partners and new institutional and privat...

Funding Overview Blockchain Germany 2023

The CV VC German Blockchain Report 2023 highlights Germany’s remarkable achievements in the blockchain sector, unveiling a 3% increase in blockchain funding and an all-time high share of global funding. Covering data from Q3 2022 to Q2 2023, the repo...

Deutsche Bank and Swiss Taurus Sign Global Digital Asset Partnership

Taurus , a Switzerland based digital asset technology provider, has signed a global partnership agreement with Deutsche Bank. As part of the collaboration, Deutsche Bank will integrate Taurus’ market-leading technology to establish digital asset cus...

4 New Swiss Fintech Startups to Follow in 2023

After a declining year 2021, the Swiss fintech sector bounced back up in 2022 with an increase of 14% in the number of active companies in the country, data from the Lucerne University of Applied Sciences and Arts’ Institute of Financial Services Zug...

Fintech Funding in Europe Stumbles 70% YoY

European fintech companies secured only EUR 4.6 billion in funding in H1 2023, down by a staggering 70% from the EUR 15.8 billion raised during the same period last year, a new report by European growth investor Finch Capital shows. The massive drop...

Booming Cross-Border E-Commerce Activity in Asia Presents Opportunities for European Merchants

International e-commerce spending by JCB cardholders based in Asia increased by 52% between 2021 and 2022, presenting a significant opportunity for merchants in Europe as shoppers across the region show increasing willingness to purchase goods online...

PayPal Partners with Meta to Enable Donations on Facebook and Instagram

Paypal announced that PayPal Giving Fund is expanding its partnership with Meta to exclusively enable charitable giving on Facebook and Instagram in the US, UK, Australia and Canada. As an IRS-registered charity, PayPal Giving Fund’s mission is to su...

Fintech Among Thoma Bravo’s Top Acquisition and Investment Focus

The bear market of 2022 saw stock prices and valuations nosedive, offering plenty of opportunities for investors with a long-term focus to acquire assets or other companies at a discount. Thoma Bravo, a private equity investor specializing in softwar...

Innovation Park Ost erhält CHF 1.55 Mio Kapitalerhöhung, Appenzeller KB beteiligt sich

Zu den bisherigen 21 Gründungsaktionären der Switzerland Innovation Park Ost AG stossen nun weitere 9 Aktionäre der Region Ostschweiz und bringen in Summe zusätzliches Kapital in Höhe von 1.55 Mio CHF ein. Damit erreicht der Innovationspark einen wei...

The Top 10 Fintech Startups in Switzerland in 2023

Like last year 10 fintechs made the 13th edition of the TOP 100 Swiss Startup Awards organized by Venturelab. The 2023 ranking features 100 Startups, Yokoy who made first overall place last year made it this year on 2nd place. Of the 10 fintechs, 4 w...