Category : Switzerland

Kanton Zug Increases Maximum Tax Payment Amount With Cryptos to CHF 1.5 Million

The Canton of Zug is increasing the transaction limit for tax payments with the cryptocurrencies Bitcoin and Ether from CHF 100,000 to CHF 1.5 million with immediate effect. This measure will facilitate access to digital means of payment and meet the...

The Top 50 Crypto VC’s in 2023

The USA is dominant in the cryptocurrency venture capital (VC) game, representing more than 71% of the total amount of capital under management from the top 50 crypto-focused VC funds, a new report by Coinstack Partners,...

wefox Secures $110M Funding, $55M Credit Facility From J.P. Morgan and Barclays

wefox, the Switzerland and Berlin-based insurtech, has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint. T...

Österreichisches Tech News Portal Brutkasten wird von VGN Medien übernommen

Die Brutkasten Gruppe, Österreichs Medienhaus für Startups, Innovation und die digitale Wirtschaft, gibt bekannt, dass der österreichische Magazinverlag, die VGN Medien Holding (u.A. Trend, Woman, tv-media), als strategischer Investor eingestiegen is...

St.Galler KB nominiert Cornelia Stengel als Mitglied des Verwaltungsrats

Der Verwaltungsrat der St.Galler Kantonalbank schlägt der Generalversammlung vom 1. Mai 2024 die Rechtsanwältin und Fintech Expertin Cornelia Stengel als Mitglied des Verwaltungsrats vor. Prof. Dr. iur. Cornelia Stengel ist seit 2013 als Rechtsanwält...

UBS Banking App Sees Significant Growth a Year After Its Launch

UBS has reported that its digital banking offering ‘UBS key4’ has witnessed rapid growth, active usage and continued development of its product line in the past year since its launch. The UBS key4 provides private clients with a comprehensive digital...

Temenos Rolls Out AI-Powered Digital Mortgage Solution

Banking software company Temenos has rolled out an AI-powered mortgage solution to will help lenders deliver a personalised digital mortgage experience while reducing their costs and time to close. The composable and highly scalable solution is said...

Ripple Snaps up Swiss Custody Provider Metaco in US$250 Million Deal

Ripple, a blockchain and crypto solutions provider, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology, for US$250 million. Through this acquisition, Ripple will be able to expand its enterprise offerings...

Fabrick Acquires Mobile Payments Firm Judopay, Expands Footprint in the UK

Fabrick, an Italian open banking solutions provider, announces that it has acquired UK-based mobile payments company Judopay. Details of the transaction was not disclosed. This acquisition marks an important step in Fabrick’s expansion into the UK ma...

Digital Pocket Money App Now in Use at Nidwaldner Kantonalbank

Pocket money is usually still given „cash on the nail“. In a world where cashless payments are on the rise and a life without a smartphone is no longer conceivable, this seems outdated and obsolete. Why shouldn’t children have their pocket money tran...

Investing.com Acquires Streetinsider.com for $10M USD

Investing.com, a platform for financial data, tools & news accessed by more than 60 million retail investors monthly, announced it recently completed the acquisition and integration of Streetinsider.com, a premium source for market moving breakin...

UK Retirement Saving Fintech Raises $95m Series E Funding

Smart, a London-headquartered fintech in the global retirement savings market, announces it has closed its $95m Series E funding in a round led by Aquiline Capital Partners LLC , a private investment firm based in New York and London. Existing invest...

U.S. Fintech 8fig Raises US$140M Series B Led by Koch Disruptive Technologies

Fintech firm 8fig announced that it has secured a US$140 million Series B funding round in April 2023 led by Koch Disruptive Technologies (KDT). This brings 8fig’s total funds raised to US$196.5 million. The funding round was also joined by existing...

Mastercard Launched Open Banking for Account Opening Solution

Innovations in finance and payments are unlocking new experiences for consumers and fintechs alike. As of 2022, 78 percent of adults in the U.S. prefer to bank via a mobile app or website. As more people open accounts and manage their finances online...

Digital Onboarding von Migros Bank/Viseca gewinnt Best of Swiss Web Awards

Dank dem Digital Onboarding von der Migros Bank und Viseca ist es heute möglich, innert weniger Minuten zu einer neuen Kreditkarte zu kommen. Herzstück ist der eigens dafür entwickelte digitale Antragsprozess inklusive Instant Issuing. Dieser ermögli...