Category : Switzerland

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...

Revolut is Now a Fully Registered Crypto Service Provider in the UK

Digital money app Revolut has been approved by the United Kingdom’s Financial Conduct Authority (FCA) to offer cryptocurrency products and services in the country. The company was previously providing crypto buying, selling and trading services under...

Credit Suisse Clients Can Now Obtain Property Valuations on the CSX App

Credit Suisse, in cooperation with PriceHubble and MoneyPark, has incorporated information on real estate valuations and the option to sell properties into its Property Cockpit. The new features enables Credit Suisse clients in Switzerland to get a r...

Revolut, Wise and N26 Were the Most Googled Virtual Banks in Europe

A study found that Revolut was the most searched online banking service in Europe, receiving the most searches in 25 countries. Wise came in second as the most searched in nine countries and N26 comes in third as the most searched in four countries....

Coinbase Gets Greenlight to Operate Its Crypto Exchange in the Netherlands

Coinbase has secured regulatory approval from the Dutch central bank as a crypto service provider, allowing it to offer its full suite of retail, institutional, and ecosystem products to customers in the country. This makes Coinbase one of the first...

Swiss and Liechtenstein Crypto Assets Ecosystem Continues to Grow Despite Market Turmoil

In Switzerland and Liechtenstein, the crypto assets investment ecosystem continues to grow and mature, despite market volatility and declining trading volumes, a new report by the Institute of Financial Services Zug (IFZ) of the Lucerne University of...

Crypto App hi and Mastercard Launch Debit Card With NFT Customisation

Crypto app hi and Mastercard have launched the world’s first debit card with NFT avatar customisation, allowing cardholders to personalise their card with an NFT avatar that they verifiably own. The card will initially be available to hi members in o...

Web3 Investco Acquires Luxembourg Crypto Platform Blocktrade

Zug-based private equity firm Web3 Investco has signed a definitive agreement to buy 100 percent of the voting shares of Luxembourg-based digital asset exchange Blocktrade from the Elite Club Foundation. Blocktrade was founded in 2018 before being ac...

Finastra Integrates With Visa Direct for Cross Border Payouts

Financial services software and cloud solutions provider Finastra and Visa will co-develop new functionality to enable banks and financial institutions to offer their SME and individual clients cross-border payout solutions in multiple currencies and...

Japan’s Nomura Holdings Picks Switzerland for its New Digital Assets Business

Japanese financial services group Nomura Holdings has established a new digital assets business in Switzerland called Laser Digital, with Steven Ashley as Chairman and Jez Mohideen as CEO. According to the company, Switzerland was selected as the loc...

Payment Innovations Remain Apple’s Top Fintech Priority

With a market capitalization of more than US$2 trillion and over US$100 billion in annual profit, American technology giant Apple is one of the most valuable companies in the world. Widely known for its consumer electronics, including the Macintosh p...

Ledgy Raises US$22M Series B to Help European Startups Manage Equity

Swiss equity management platform Ledgy has raised a US$22 million Series B funding round led by New Enterprise Associates (NEA). Speedinvest as well as existing investors Sequoia Capital, 20VC, btov and VI Partners also participated in the round. Led...

Fintech M&A Deal Activity Accelerates in DACH Region

In Germany, Austria and Switzerland, also referred to as the DACH region, fintech funding and acquisition activities have accelerated over the past few of years on the back of a maturing fintech market and increasing appetite from strategic players a...