Category : Switzerland

TripActions Secures $400M in Credit Facilities From Goldman Sachs and Silicon Valley Bank

TripActions, the all-in-one travel, corporate card, and expense management solution, today announced that it secured $400M in credit facilities, consisting of a warehouse debt facility from Goldman Sachs Bank USA, as the senior lender and administrat...

Syz Crypto: Bank Syz Selected Taurus for Its New Digital Asset Offering

Bank Syz has collaborated with Taurus to launch its new digital asset offer Syz Crypto. It will cover the safekeeping and trading of digital assets to the Bank’s private, professional and institutional clients. Concretely, the Bank has integrated Tau...

Aude Pugin and Sergio Ermotti Elected as New Innosuisse Board of Directors

On 9 December, the Federal Council elected Aude Pugin, CEO of APCO Technologies, and Sergio Ermotti, Chairman of the Board of Directors of Swiss Re Group, to the Board of Directors of Innosuisse. The new members will take up their duties on 1 January...

Curve Secures $1 Billion Deal From Credit Suisse

Curve, the London based financial super app, announced that the company has closed a deal to fund its first $1 billion in loans with a facility provided by Credit Suisse, enabling Curve to scale its lending business, Curve Flex, across the UK, the EU...

IMTF Completes Acquisition of Siron Compliance Solutions From FICO

Analytics software firm FICO has sold off it Siron® compliance business to IMTF, a provider of AML compliance and process automation for financial institutions. The transaction includes FICO transitioning all Siron-related customer relationships and...

TX Ventures Launches CHF 100 Million Fintech Fund to Invest in Early Stage Startups

TX Ventures, the VC arm of Swiss media company TX Group, announced that it has launched a European CHF 100 million fintech investment fund with a particular focus on startups from the DACH region. The fund is structured as a single limited partnershi...

17 Rising Fintech DACH Stars that Went Live in 2022

Fintech Innovators has released its annual report featuring the most exciting and fastest-growing fintech and insurtech companies across Germany, Austria and Switzerland (DACH). Produced in collaboration with robo-advisory platform Inno Invest, start...

UBS Next Participates in $20 Million Series B of Israel Compliance Tech Startup

Shield, a compliance tech platform based in Tel Aviv, announced its $20 million Series B financing round, which was led by Macquarie Capital and joined by UBS through its venture and innovation unit UBS Next, Mindset Ventures and OurCrowd. This fundi...

EIB and Goldman Sachs Issue First Euro-Denominated Digital Bond on a Private Blockchain

The European Investment Bank (EIB) — in collaboration with Goldman Sachs Bank Europe, Santander and Société Générale — launched Project Venus, their second euro-denominated digitally native bond issue and first using private blockchain technology. Th...

SIX Fintech Ventures Joins Keyrock’s $72 Million Series B Fundraising

Keyrock, a Brussel based digital asset market maker, raised $72 million in its Series B funding round from investors including Ripple, SIX Fintech Ventures and Middlegame Ventures. Keyrock plans to use its funding to invest further into infrastructur...

Mastercard & Vesta Join Forces to Offer Enhanced Fraud Management Solutions

Mastercard and Vesta, an end-to-end fraud prevention platform for digital purchases, announced a new strategic partnership to provide a state-of-the-art fraud management platform for merchants across Latin America and the Caribbean. As the need and i...

The State of the German Blockchain Ecosystem

Despite a global venture capital (VC) pullback, shrinking valuations and public market turmoil, Germany’s blockchain VC funding market remained stable this year, with companies in the space securing a total of US$218 million across 20 deals year-to-d...

16 Banking, Insurance and Fintech Professionals Named Among 2022 Top B2B Marketing Influencers

CMO Huddles, a community of business-to-business (B2B) marketing leaders, have released its selection of this year’s top B2B marketing influencers. The 101 Top B2B Marketing Influencers of 2022 list recognizes the best marketing leaders from around t...

Interest in Media for Equity on the Rise

Media for equity, a financing option that provides advertising in return for equity in a company, is proliferating at an increasing rate, recognized by startups as a powerful engine for sustainable growth. Also known as media for growth or airtime fo...

A.P. Moller – Maersk and IBM to Discontinue Blockchain Trade Platform Tradelens

A.P. Moller – Maersk and IBM announced the decision to withdraw the TradeLens offerings and discontinue the platform. Starting immediately, the TradeLens team is taking action to withdraw the offerings and discontinue the platform, and the intent is...