Category : Switzerland

Apple Rolls Out Its Pay Later Offering for Selected Users

Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of US$50 to US$1,000, which can be u...

Tenity Ropes in SIX, UBS, Julius Baer, Generali for First Close of Its Fintech Fund

Tenity, a Swiss fintech accelerator formerly known as F10, announced the first closing of its Tenity Incubation Fund I with investments from SIX Group, UBS’ strategic venture and innovation unit UBS Next, Julius Baer, and Generali’s House of Insurtec...

Fintech Founders, Execs Dominate Forbes 2023 Under 30 Europe Finance List

Forbes has released its annual Under 30 Europe list, recognizing the continent’s top 300 brightest founders, entrepreneurs and executives who are building bold companies that are out to combat climate change, fight fraud and reinvent the banking indu...

CV Labs Selects 9 Startups for the Fifth Batch of Its Blockchain Accelerator

CV Labs, the international ecosystem builder of blockchain venture capital firm CV VC, announced the fifth batch of its global blockchain business accelerator. Nine startups were selected from over sixty countries for the Batch_05 based on the impact...

Revolutionising Swiss Banking: Why Instant Payments are the Future

The demand for instant payment (IP) services around the world has soared in recent years, primarily driven by shifting customer expectations for fast, convenient, and seamless fund transfers. In response to this demand, the Swiss Interbank Clearing (...

Swiss Bankers Association Makes Case for Digital Swiss Franc

In Switzerland, the introduction of a digital Swiss franc could further boost the local digital asset industry, foster innovation in the domestic market and support the Swiss franc as a means of payment, the Swiss Bankers Association (SBA), the count...

Checkout.com Enables Businesses to Issue Virtual and Physical Cards

Global payments solution provider Checkout.com has rolled out a new offering which will enable businesses to issue fully customisable virtual and physical cards. The company said that the new Checkout.com Issuing offering takes the complexity out of...

The Impact of Silicon Valley Bank’s Collapse on Fintech

With over 2,600 fintech clients, Silicon Valley Bank (SVB) is more than just bank and venture debt lender. Beyond banking and financing, SVB is also a technology partner to many fintech companies, serving as a gateway for commercial payments and onli...

Curve Partners DIGISEQ to Offer Wearable Payments in 31 European Countries

Financial super app Curve has partnered with UK-based DIGISEQ to enable wearable payments option across 31 European countries where it is now live. DIGISEQ’s wearable tech enables virtually any passive item without a battery – such as a ring, bracele...

J.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software

J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will c...

German Fintech Raisin Secures €60 Million Series E

Raisin, a Berlin-based fintech providing savings and investment products, announced that it has raised €60 million in a Series E funding round from a number of new and existing investors including M&G’s Catalyst and Goldman Sachs. With the new in...

German Fintech Sector Continued to Grow and Mature in 2022

With nearly 1,000 fintech startups, among which 13 unicorns, a burgeoning startup ecosystem and a supportive regulatory and political landscape, Germany has become one of the world’s top fintech markets and the European Union (EU)’s fintech leader....

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...