Category : Switzerland

Marketplace Lending Volume in Switzerland Rose 20% in 2021

After timid growth in 2020, marketplace lending in Switzerland witnessed a strong upturn last year, with total volume rising 20% between 2020 and 2021. That uptick was driven mostly by improved crowdlending loan volumes, notably in real estate and sm...

LPB Bank: The Fintech Industry in Latvia Has Great Potential but Requires Decisive Action

The Fintech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with LPB Ba...

SDX Web3 Goes Live With Its Institutional Custody Service for Crypto Assets

SDX Web3, the newly launched business unit from SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The SDX Web3 Custody service includes key storage, transfer execution and monitoring with banking-grade compli...

Crypto.com to Invest €150 Million to Establish Paris as Its European Headquarters

Crypto.com announced plans to invest €150 million in France to support the establishment of its market operations and regional headquarters in Paris. The announcement comes shortly after the cryptocurrency platform was cleared to operate in France as...

The Future of Insurance Europe 2022 Takes Off Next Week in Amsterdam, Physically

Reuters Events will be hosting their event The Future of Insurance Europe 2022 in Amsterdam from 18th-19th October 2022. The fully-in person event will connect more than 40 Insurance professionals and 350+ industry representatives to investigate how...

EU Passes Uniform Legal Framework for Crypto-Assets Across the Bloc

The European Union’s (EU) Economic and Monetary Affairs Committee voted 28 to 1 in favour of the Markets in Crypto Assets regulation (MiCA), a uniform legal framework for crypto-assets in the EU. Under the MiCA, entities issuing and trading crypto-as...

Alpian Launches Its Private Banking App for the Mass Affluent

Digital private bank Alpian has launched its mobile-first digital service which combines everyday and private banking services for the mass affluent client segment. The service aims to differentiate itself by providing clients access to personalised...

Netcetera’s Digital Wallet and Checkout Experience Solutions Wins Juniper Awards

Swiss digital payments company Netcetera’s ToPay Mobile Wallet and Click to Pay solutions won the platinum and gold awards respectively at the Juniper Research’s Future Digital Awards 2022. The ToPay Mobile Wallet is a solution for issuing, using and...

Deutsche Börse’s D7 Platform Performs Its First Digital Securities Issuances

Deutsche Börse’s digital post-trade platform D7, facilitated by service provider Clearstream’s infrastructure, has executed the first digital securities issuance in Germany. The first automated issuances on the D7 platform were performed by universal...

Worldline Selected as Global Payments Provider to the Lufthansa Group

French payments company Worldline has been selected as a payments provider to the Lufthansa Group, the aviation group which operates Germany’s flag carrier. The partnership will give the Lufthansa Group the possibility to onboard a selection of World...

French Social Trading App Shares Backed by Serena and Venus Williams

Paris-based social trading app Shares has brought on tennis legends Venus and Serena Williams as investors and its first ambassadors. The news follows the company’s US$40 million Series B round in July led by Peter Thiel’s Valar Ventures. Shares comb...

Railsr Raises US$46M Series C to Grow Its Embedded Finance Platform

London-based embedded finance platform Railsr, formerly known as Railsbank, has closed a US$46 million Series C led by Anthos Capital. The round comprised US$26 million equity, as well as US$20 million debt from Mars Capital. Existing investors Ventu...

The Top 33 Fintech Startups in Europe on LinkedIn in 2022

33 fintech companies made LinkedIn’s second annual top startups list, a ranking of companies from 13 European countries that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest...

SWIFT and Capgemini Successfully Interlink CBDCs for Cross-Border Payments

SWIFT and Capgemini have achieved CBDC-to-CBDC transactions between different distributed ledger technology networks based on Quorum and Corda technologies, as well as fiat-to-CBDC flows between these networks and a real-time gross settlement system....

Sygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform

Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services licence, is partnering Thai media group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform...