Category : Switzerland

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...

8 Hot DeFi Startups in Europe to Watch in 2023

Despite slumping markets, the decentralized finance (DeFi) industry continued to grow last year, driven by sustained funding activity and increased user adoption. In 2022, DeFi users growth averaged 44% quarter-over-quarter (QoQ), according to a repo...

Maerki Baumann Partners With Redalpine to Launch New Venture Capital Fund

Zurich-based private bank Maerki Baumann & Co. announced that it has partnered with Redalpine Venture Partners, a Swiss venture capital firm, to launch a new venture capital fund for its private clients. The investment opportunity is based on the...

Maerki Baumann’s Clients Can Now Invest in Redalpine’s Venture Capital Fund

Zurich-based private bank Maerki Baumann & Co. announced that it has partnered with Redalpine Venture Partners, a Swiss venture capital firm, to enable its clients to invest in the latter’s venture capital fund. The partnership allows Maerki Baum...

SICTIC Facilitated Close to 70% Of IT, Fintech Funding Rounds in 2022

The Swiss ICT Investor Club (SICTIC), a non-profit organisation that connects investors to local early stage tech startups, reported that it had facilitated 106 out of the 153 funding rounds for Swiss early-stage startups in the ICT and fintech secto...