Category : Switzerland

Mt Pelerin Offers Crypto Investment With “Zero Fees” to Its New Users

Swiss fintech Mt Pelerin now allows the users of its mobile app Bridge Wallet to buy and sell cryptocurrencies at the market rates, without any additional cost. Users of the app will be able to do so commission-free up to $500 per year, get MPS token...

Munich-Based SME and Freelancer Focused Insurtech Raises €5 Million Seed Funding

insureQ, a Germany-based provider of embedded insurance products for SMEs and freelancers, announced that it has raised a €5 million seed round. The fund raise was led by Nauta Capital with existing investors Flash Ventures and GFC also participating...

PayPal’s Venmo Introduces Crypto Buying and Selling Within Its App

Venmo, a mobile payment service owned by PayPal, announced that it now allows more than 70 million of its customers to buy, hold and sell cryptocurrency directly within the app. The offering will be available for all customers within the next few wee...

Mastercard to Acquire Identity Verification Company Ekata for US$850 Million

Mastercard announced that it has acquired identity verification company Ekata for US$850 million as digital identity is a foundational part of Mastercard’s multi-layered approach to security. In 2019, the company introduced a new framework on how dig...

Deutsche Telekom Kauft DeFi Blockchain Startup

Die Deutsche Telekom investiert in die Zukunft der dezentralen Finanzwirtschaft (DeFi) und kauft Celo Token (CELO). Celo ist ein weltweites Blockchain-Netzwerk. Es bietet Finanzdienste für jeden per Smartphone an. Als erstes Telekommunikation-Unterne...

Swiss Influencer Marketing Report 2020 – Top 7 Insights

Die vorliegende Studie der Universität Luzern ist die erste in der Schweiz durchgeführte Studie, die sowohl die relevante Zielgruppe von Influencer Marketing (Millennials im Alter von 13–30 Jahren) als auch Schweizer Influ encer/innen und Schweizer M...

True Wealth’s Assets Under Management Now Exceeds Half a Billion Swiss Francs

Swiss online wealth management platform True Wealth reported that its number of customers has increased by 1,500 (more than 25%) in the first quarter of 2021, while its assets under management rose by 103 million Swiss francs (more than 27%). With co...

Societe Generale Issues Structured Products as Security Token on Public Blockchain

Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network. The securities were fully subscribed by Societe Generale Assurances. The move was in line with...

Is a SPAC Approach Relevant For Swiss Companies? (Part 2)

Following my initial article on SPACs, I was surprised to see how many people and Swiss companies that had been averse to the idea of going public for a long time had, all of a sudden, developed a keen interest in SPACs. I just want to make one thing...

Finnova Announces Major Revamp Of Its Board Of Directors

Swiss-based banking solutions provider Finnova has announced several major changes in its board of directors. Walter Knabenhans and Hanspeter Rhyner are both stepping down as members of the Board of Directors while Heinrich Leuthard and Pascal Niquil...

AXA Switzerland Accepts Bitcoin for Insurance Payments

AXA Switzerland announced that it will now allow its customers to pay their bills with bitcoin from April onwards, being the first insurer to offer this solution. Private customers can currently pay their premiums for all non-life products. However,...

6 Fintechs Make Top 20 US Valuation Leaderboard; Worth a Combined US$145B

The past two years have seen the valuations of the US’s most valuable venture (VC)-backed fintech companies soar. As of March 19, 2021, six fintechs were amongst the country’s top 20 most valuable VC-backed companies, and worth a combined US$145.1 bi...

World Retail Banking Report 2021 Highlights Discrepancies Between Customers Expectations and Banks Priorities

The COVID-19 pandemic has exacerbated banking-sector issues, forcing retail banks to embrace digital transformation and realign their offerings to customer expectations. But while many have been vocal about delivering superior customer experiences, t...

Banks Fell Short of Meeting Customers’ Expectations in 2021

Digitalisierung-Trends im Schweizer Versicherungsmarkt

Mehr als ein Drittel der in der Schweiz wohnhaften Bevölkerung kann sich vorstellen, künftig ausschliesslich online mit Versicherungen zu interagieren. Gleichzeitig schätzen Kundinnen und Kunden weiterhin den traditionellen Kontakt, etwa per Telefon....