Category : Switzerland

Luxury Goods Retailer Bucherer Acquires Digital Authentication Startup Adresta

Swiss digital authentication startup Adresta has been acquired by Bucherer Group, one of the world’s largest luxury watch and jewellery retailers, effective 30 September 2022. A spin-off from Helvetia Insurance, Adresta develops blockchain-based digi...

Swiss Professionals Show Reticence to Share Data Despite Seeing Opportunities in Open Banking

In Switzerland, the finance and banking industry believes open banking offers considerable opportunities across all major use cases. But despite the realization that the sector is moving towards greater openness and connectivity, there is a clear dis...

SIX Digital Exchange Links to SIX SIS to Boost Digital CHF Bond Accessibility

SIX Digital Exchange (SDX) announced the addition of SIX SIS to its Central Securities Depository (CSD), making it the first regulated CSD to have direct access to SDX. The addition is expected to increase the accessibility of natively digital CHF-de...

Swissquote Dives Into Cryptocurrency Trading With the Launch of SQX

Online trading platform Swissquote has launched a cryptocurrency exchange called SQX that aims to provide a more competitive and secure trading environment. Unlike other crypto exchanges, SQX says that it prides itself on being a centralised trading...

Finax Launches the First Pan-European Pension Product for Digital Nomads

Bratislava-based wealthtech Finax has become the first company to receive a license to offer a pan-European Personal Pension Product (PEPP) to clients in Slovakia. The PEPP is a portable, voluntary personal pension scheme regulated by the European In...

University of Zurich and ETH Zurich Among World’s Best Universities for Blockchain Education

The University of Zurich and ETH Zurich ranked third and 27th respectively on CoinDesk’s latest annual best universities for blockchain rankings. The rankings were made from a shortlist of 240 institutions around the world, calculated based on their...

Oracle NetSuite Launches Accounts Payable Automation With HSBC

Oracle NetSuite has launched a solution which embeds HSBC’s banking services in NetSuite’s cloud enterprise resource planning system to allow vendor payments to be made from within the platform. The new NetSuite AP Automation solution is said to shor...

Toqio Raises €20M Series A to Expand to Spain and Other European Markets

Fintech solutions development platform Toqio has closed €20 million in Series A funding led by AlbionVC, with participation from Aldea Ventures, Seaya, Speedinvest, SIX Fintech Ventures, and several angel investors. The €20 million round includes a €...

HelloSafe erhält 3 Mio. CHF für die Entwicklung eine Schweizer Vergleichslösungen für Finanzprodukte

Das junge Unternehmen HelloSafe, das Vergleichslösungen von Versicherungs-, Anlage-, Spar- und Kreditprodukten für Privatpersonen und Unternehmen entwickelt, hat die erst Seed-Finanzierung von 3,07 Mio. CHF gesichert. Die Funding Runde wurde von OneR...

HelloSafe erhält 3 Mio. CHF für die Entwicklung eine Schweizer Vergleichslösung für Finanzprodukte

Payments Unicorn Satispay Raises €320M Series D Led by Lee Fixel’s Addition

Italian mobile money platform Satispay has raised €320 million in Series D funding led by New York-based venture capital firm Addition, taking it to “unicorn” status with a valuation of over €1 billion. Existing investors Greyhound Capital, Coatue, L...

Crypto.com Can Now Operate in France

Crypto.com has been cleared to operate in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). The company stressed that it was subjected to a...

Mollie Offers Up to €250,000 in Financing for Businesses in the Netherlands and Belgium

Dutch B2B payments company Mollie has introduced Mollie Capital, a credit service for the platform’s existing customers to obtain cash advances of up to €250,000. Customers will be able to apply for funding through the platform’s dashboard and funds...

IMTF and Parashift Partner to Accelerate Document Processing for Compliance

Document processing platform Parashift has partnered with regtech company IMTF to integrate its autonomous data extraction solutions with IMTF applications. The integration will enable companies to easily map out processes such as mortgage applicatio...

eToro Partners OpenPayd to Enable Instant Deposits and Withdrawals Across Europe

Social investment platform eToro has partnered with banking infrastructure provider OpenPayd to provide eToro’s European customers with instant withdrawals and deposits. OpenPayd will allow eToro to issue virtual International Bank Account Numbers or...