Category : Switzerland

UK Fintech Monese Secures US$35M Investment From HSBC Ventures

UK-based money app Monese has received a US$35 million investment from HSBC Ventures, bringing the total amount it has raised so far to US$208 million. The investment is said to be part of a broader strategic partnership that focuses on growing Mones...

CYBERA Raises Additional US$5M to Disrupt Financial Cybercrime

CYBERA Global Inc. has secured an additional US$5 million in what it says was an oversubscribed equity round led by Converge VC and New North Ventures. Founder Collective, Swiss venture capital firms Serpentine Ventures and CV VC, as well as other in...

Payments Group PayU Finalises Acquisition of Colombia’s Ding to Expand to LATAM

Netherlands’ PayU has received the endorsement of Colombian regulatory authorities to acquire local electronic payment and deposit specialist Tecnipagos, better known as Ding. Based in Bogota, Ding allows merchants to make electronic deposits like th...

UBS Venture Unit Leads New Wealthtech US$50M Series C Funding Round

New York-based asset management platform Ethic has closed a US$50 million Series C funding round led by the Jordan Park Group, with participation from UBS’ venture unit UBS Next. The round also saw participation from existing investors including Oak...

Portofino Technologies Raises US$50M to Scale Its HFT Crypto Infrastructure

Digital asset trading technology provider Portofino Technologies has raised over US$50 million in equity funding from Valar Ventures, Global Founders Capital and Coatue to scale its technology across the full crypto infrastructure value chain. The co...

Banks Jump on the Metaverse Bandwagon

Banks from around the world are actively exploring the opportunities brought about the metaverse, purchasing virtual land and establishing presence on popular platforms. They believe these virtual environments will help them better engage with younge...

ECB Selects 5 Companies to Jointly Develop Prototype Digital Euro User Interfaces

The European Central Bank (ECB) will collaborate with five companies to develop potential user interfaces for the digital euro to test how well the technology behind a digital euro integrates with prototypes developed by companies. Simulated transact...

Wealthtech InvestSuite Secures €6 million Series A, Adds New Board Members

Wealthtech solutions provider InvestSuite has completed a €6 million Series A investment round, bringing the total raised to €15 million since inception. Founded in 2018, the company develops white-label portfolio construction, digital investing and...

New Swiss Fintech Startup Map September 2022 Welcomes Fiat24

Swisscom has released the updated Swiss Fintech Startup Map for September 2022, welcoming this time only one new Swiss Fintech Startup. The map provides regular updates on the Swiss fintech landscape in the region now displays a grand total of 373 Sw...

Stableton Hires Former GenTwo CMO

Alternative investment platform Stableton Financial has hired Sandra Chattopadhyay in its newly created role of Head of Content & Communications, responsible for the firm’s global content, communication and media activities. Sandra has 20 year ex...

2022 Swiss Fintech Awards Winners Share Updates, Ambitions

Stableton Financial and DeepJudge, two of the winners of this year’s Swiss Fintech Awards, have been reaping the fruits of the publicity accompanying the renowned startup competition, using the new-found exposure as an opportunity to expand to new ve...

Top 16 Upcoming Fintech Events Taking Place in Q4 2022 in the US

Home to more than 150 fintech unicorns, the US is a fintech powerhouse and one of the world’s biggest fintech ecosystems. Given the country’s leading position in the global fintech scene, a number of large-scale events and conferences are being held...

Press Communication in the Metaverse: Rent a PR Cooperates With Zreality

Access to the metaverse is complex and expensive, which is why it is so far used almost exclusively by large companies. The Zurich and Verbier-based PR agency Rent a PR, which has been providing on-demand public relations and communications consultin...

FNZ Group to Acquire German Wealthtech Specialist Diamos

London based Wealth management platform FNZ announced that it has agreed to acquire investment management solutions provider DIAMOS AG to bolster FNZ’s client proposition in the German market. DIAMOS will also provide FNZ with its technology expertis...

Stableton Strengthens Executive Management Team

Alternative investment platform Stableton announced the promotion of Roman Loosli, Freddie Cunningham and Christian Schmid to the firm’s executive management team. The move also sees the promotion of Roman Loosli from Head of Data & Solution Arch...