Category : Switzerland

Swiss Roboadvisor True Wealth Finally Offers also a Pillar 3a Solution

Saving in Pillar 3a becomes an integrated part of wealth management within True Wealth. Since being founded in late 2014, True Wealth has grown to become an established wealth manager in Switzerland in just eight years. The fintech company currently...

Corporate Spending Management Emerges as One of the Hottest Fintech Segments

Spending management software and corporate credit cards have emerged as one of the hottest segments in the fintech industry. The sector is capturing large rounds of funding from global investors and competition for market share is heating up, especia...

Climate Fintech Funding Soars, Totaling US$1.8B in H1 2022

CommerzVentures, the corporate venture capital (CVC) arm of Commerzbank in Germany, has released its latest report on climate fintech, sharing findings of an analysis of 528 climate fintech startups across Europe and the US with scalable business mod...

Finnova Hires Soccer Expert Samuel Scheidegger as Chief Product Officer

Banking software provider Finnova has appointed digital firm ti&m’s Samuel Scheidegger as its new Chief Product Officer, effective 1 February 2023. Scheidegger succeeds Simon Kauth, who moves on from his role as Finnova’s Chief Product Officer to...

Finnova Hires ti&m’s Samuel Scheidegger as Chief Product Officer

UK, Sweden Emerge as Best Fintech Ecosystems in Europe

In Europe, fintech activity is growing in virtually all countries, but performance and maturity levels are found to be the greatest in the UK and Sweden, the two countries that are now leading the region for the size of their respective fintech indus...

Digital Accounting Startup Numarics to Raise Seed Funding in Q4 2022

Swiss digital accounting startup Numarics is raising a seed round in the fourth quarter of 2022 following its previous CHF 2.1 million pre-seed financing round led by Wingman Ventures in April 2022. Numarics processes accounting and business administ...

Bilt Rewards Hits US$1.5B Valuation With US$150M Round Led by Left Lane Capital

Bilt Rewards, a rewards programme for renters, has raised US$150 million at a US$1.5 billion valuation. The round was led by Left Lane Capital, with Smash Capital, Wells Fargo, Greystar, Greystar, Camber Creek, Fifth Wall, and Prosus Ventures partici...

Global Fintech Funding Continues to Decline; Drops 38% QoQ

Fintech funding continued to slide in Q3 2022, dropping 38% quarter-over-quarter (QoQ) to US$12.9 billion. The sum makes Q3 2022 the sector’s weakest quarter since Q4 2020 and brings the total raised by fintech companies so far this year to US$63.5 b...

Wise Closes £300M Syndicated Debt Facility Led by Silicon Valley Bank UK

London-based global remittance firm Wise has closed a £300 million capital facility in a financing round led by Silicon Valley Bank UK, with six other banks participating. The syndicated facility, which was arranged by the bank’s corporate finance te...

Digitalization and Technology to Help Fill the US$1.7 Trillion Global Trade Finance Gap

Micro, small and medium-sized enterprises (MSMEs) have historically faced severe financing difficulties, especially when trying to expand internationally. However, technological advances and innovative fintech solutions have emerged over the past yea...

Switzerland Sets the Stage for Instant Payments

Stability. Secrecy. Safety. The Swiss financial system has been the very definition of these attributes for almost 200 years. But like the world’s financial systems, institutions and networks, one very active new factor is knocking at the border: cha...

Embedded Finance to Account for More than 10% of All US Transactions by 2026

In 2021, US consumers and businesses poured US$2.6 trillion in transactions through embedded financial services, a sum that represents nearly 5% of all US financial transactions, according to a new report by Bain Capital and Bain & Company. By 20...

radicant Launches Investment Products That Support Sustainable Development

Digital bank radicant has launched SDG Impact Solutions, a series of 11 financial products comprising three funds and eight actively managed certificates. These products enable clients to invest in broadly diversified funds representing the UN’s 17 S...

Swissquote Clients Can Now Invest in Dubai Financial Market’s Securities

Online trading platform Swissquote is now connected to the Dubai Financial Market (DFM), allowing clients to invest in and trade DFM-listed securities. The platform is connected to the DFM through GTN Middle East and BHM Capital Financial Services’ d...