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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...
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Switzerland -
2 years ago
Blockpit, an Austria-based provider of legally compliant and audited tax reports for the treatment of crypto assets, announced that it has received US$10 million during a Series A funding round.
The funding round was led by MiddleGame Ventures (MGV)...
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Switzerland -
2 years ago
Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600 positions, reflecting on the industry’s massive growth and traction, according to data from C...
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Switzerland -
2 years ago
At a time when central banks around the world are ramping up digital currency plans, Switzerland’s inactivity and possible “non-implementation” of a central bank digital currency (CBDC) could, in the long run, jeopardize the country’s competitiveness...
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Switzerland -
2 years ago
Wise, a London-based remittance firm, has begun trading on the London Stock Exchange’s (LSE) main market through a direct listing.
According to a statement by the LSE, this marks the first direct listing of a technology company in its history.
Reuter...
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Switzerland -
2 years ago
LoanPro, a SaaS-based loan management, servicing and collections platform for alternative, fintech and traditional lenders, announced it has raised a US$100 million growth equity investment in a Series A funding round from FTV Capital, a growth equit...