Category : Switzerland

US Fraud Detection Startup Inscribe Raised 25M USD Series B

Inscribe, a fraud detection and document automation platform, announced that it has raised $25M in Series B funding. The round was led by Threshold Ventures and joined by existing investors Crosslink Capital, Foundry, and Uncork Capital, as well as a...

PayEm Announces $220M in Equity and Credit Financing

PayEm, a San Francisco based platform for spend and procurement management announced $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth. Itamar Jobani “This is a...

Swiss Lending Platform TP24 Secures Mezzanine Funding From Channel Capital

Zurich-based lending platform TP24 announced that it has secured mezzanine financing for an undisclosed sum from Channel Capital Advisors. The mezzanine funding will enable TP24 to free up equity capital to fuel its business growth and drive its glob...

Boerse Stuttgart Deepens Digital Asset Partnership with Axel Springer and SBI

Boerse Stuttgart Group strengthens its digital business and further expands its strategic partnership with Axel Springer and SBI Group via SBI Digital Asset Holdings. Both partners deepen their investment and are now invested in the entire digital bu...

With an Estimated US$800B in Payments Processed Annually, Apple Has Become a Key Actor in the Global Fintech Scene

In 2022, Apple controlled an estimated US$800 billion worth of payments, making the American technology company a significant fintech player globally, a new report by Flagship Advisory Partners, a boutique consultancy and mergers and acquisitions adv...

Swiss Fintech Company Numarics Joins Forces With Top Ten Accounting Firm A&O Kreston

The Swiss fintech company Numarics AG is merging with the multiple award-winning fiduciary company a&o kreston ag. The startup Numarics, founded in 2020, thus completes another important growth step in the still short history of the company. a&am...

Inventx erwirbt Mehrheitsbeteiligung an Wiler Spezialistin für Datentransformation

Die Inventx übernimmt rückwirkend per 1. Januar 2023 die Aktienmehrheit der DTI-Gruppe. Die DTI ist eine unabhängige Dienstleisterin für digitales Informationsmanagement mit Sitz in Wil SG, einer über 25-jährigen Firmengeschichte und Expertise in der...

Inventx erwirbt Mehrheitsbeteiligung an Wiler Spezialistin für Daten-Transformation

Hawk AI Accelerates Global Expansion With $17 Million Series B

Hawk AI, a Munich-based provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by...

Payment, Fintech Companies Embrace Sports Sponsorships

Sports sponsorship deals from financial services and fintech companies alike have increased significantly over the past three years on the back of rising competition in the industry and amid hopes for increased brand awareness and exposure. According...

Swiss FIs Expect New Pressures as Well as Opportunities for Instant Payments

Scan the headlines in these early days of 2023, and you would be forgiven for thinking we’re embarking on the year of digital currency. Not so fast, however. CBDCs and digital currencies certainly merit a close and sustained look from Swiss financial...

Robinhood Launches New Media Outlet Sherwood Media

Digital investment platform Robinhood is launching a new media arm called Sherwood Media, which will cover the markets, economics, business, technology and the culture of money, the company said last week. The fintech firm joins the growing list of c...

Will 2023 Be The Year of B2B Fintechs?

2022 was a trying year for the fintech industry which faced uncertainties related to geopolitical conflicts, supply chain challenges, as well as rising inflation and interest rates. Macroeconomic headwinds weighed on consumer-facing businesses, forci...

SIX Ventures and Circle Invest in Swiss Blockchain Startup Obligate (FQX)

Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, allowing them to scale their blockchain-based platform for bonds and commercial paper. Blockchange Ventures and Circle Ventures join initial seed co...

Jumio Surpassed US$200 Million in Bookings Last Year

Online mobile payments and identity verification company Jumio announced that it had cleared over US$200 million in bookings last year. Jumio also reported that it had closed both the largest new deal and the largest total deal in the company’s histo...