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Switzerland -
2 years ago
With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers.
Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants...
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Switzerland -
2 years ago
Circle and Mastercard announced an engagement to use the USD Coin (USDC) to facilitate crypto-to-fiat conversions in a pilot programme to expand the ability of issuers and crypto businesses to enable customers to spend their crypto assets.
The engage...
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Switzerland -
2 years ago
M1 Finance, an all-in-one money management platform, announced that it has secured US$150 million during a Series E funding round, the firm is now valued at US$1.45 billion.
SoftBank’s Vision Fund 2 led the round, with participation from existing inv...
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Switzerland -
2 years ago
Over the last few years, digital banking in Latin America (Latam) has experienced extraordinary growth on the back of changing customer needs, expanding technological penetration and rapidly evolving regulatory standards.
Since 2017, the number of di...
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Switzerland -
2 years ago
Swiss B2B proptech startup PriceHubble announced that it has successfully completed its Series B funding round and raised US$ 34 million.
The financing round was strongly oversubscribed and led by Digital+ Partners, a European growth equity investor....
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Switzerland -
2 years ago
Swiss digital asset bank Sygnum and Artemundi, an art investment pioneer, have partnered to tokenise Picasso’s Fillette au béret painting.
This marks the first time the ownership rights in a Picasso, or any artwork, are being broadcast onto the publi...
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Switzerland -
2 years ago
The Swiss National Bank (SNB) and SIX Swiss Exchange are launching the Secure Swiss Finance Network (SSFN) communication network to further improve the resilience of the financial system against cyber risks.
It is aimed at secure, flexible and resili...
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Switzerland -
2 years ago
Revolut, the financial superapp with more than 16 million customers worldwide, announced an US$800 million series E funding round, valuing the business at US$33 billion.
The new funding round brings onboard two new investors, SoftBank Vision Fund 2 a...
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Switzerland -
2 years ago
Over the last few years, there has been a rapid drive towards digital transformation across sectors, including financial services. This drive was greatly accelerated with the onset of the global pandemic that forced even the less tech-savvy populatio...
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Switzerland -
2 years ago
Mt Pelerin’s cryptocurrency mobile app Bridge Wallet has launched support for Tezos with a zero fees on-ramp and off-ramp for XTZ, the native cryptocurrency of the Tezos blockchain.
The firm said that it is “dedicated to building bridges...
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Switzerland -
2 years ago
In 2020, Swiss reward-based crowdfunding and crowddonation campaigns skyrocketed in number and volume on the back of soaring solidarity campaigns amid COVID-19, according to the Institute of Financial Services Zug IFZ’s annual crowdfunding research....
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Switzerland -
2 years ago
Swiss stock exchange SIX has signed a memorandum of understanding with its Saudi counterpart Tadawul on cooperation in the stock exchange sector.
This is the third financial dialogue between Switzerland and Saudi Arabia that took place in Zurich. The...
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Switzerland -
2 years ago
Buy now pay later (BNPL) arrangements, which allow customers to buy items on credit and pay the money back over time, is witnessing record growth in Europe with demand from consumers rising and investor sentiment remaining overall optimistic, accordi...
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Switzerland -
2 years ago
Switzerland’s contactless payment limit stands at CHF 80 (approximately GBP 63) – the highest in Europe, a new study has found. Approximately two-thirds of the Swiss population currently owns a credit card but the country still lags far behind...
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Switzerland -
2 years ago
British private equity firm Pollen Street Capital has acquired 10% stakes in Dutch challenger bank Bunq for €193 million, raising its valuation to €1.6 billion. The investment round is pending regulatory approval by De Nederlandsche Bank.
With this c...