Category : Switzerland

Google Invests US$1 Billion in CME Group, Signs Cloud Migration Deal

Google has made a US$1 billion equity investment in CME Group, a diverse derivatives marketplace, and signed a 10-year strategic partnership to accelerate latter’s move to the cloud. Under the agreement, CME Group will migrate its technology in...

F10 Join Forces With the Italian Angels for Growth to Strengthen Its Investor Network

Fintech incubator and accelerator F10 and the Italian Angels for Growth (IAG) have signed letter of intent to work together to strengthen the global fintech and insurtech startup ecosystem. Through the partnership, F10 further expands its internation...

BNPL Adoption Soars in the UK

Buy now, pay later (BNPL) arrangements are growing exponentially in the UK, gaining traction amongst both consumers and businesses. Research by consulting firm Bain & Company found that BNPL is now used by 25% of e-commerce shoppers and 20,000 me...

Schweizer Premiere: Private Banking Services via App

Während die Digitalisierung in vielen Bereichen des Finanzwesens bereits weit fortgeschritten ist, hat sie im Private Banking bisher wenig Spuren hinterlassen. Die Prozesse sind in der Regel mit viel manueller Arbeit verbunden, dementsprechend teuer...

Schweizer Betreibungsauszüge auf der Blockchain

Betreibungsschalter-Plus.ch bietet neu mit Blockchain-Siegel versehene elektronische Betreibungsauszüge an. Damit hat der Empfänger oder die Empfängerin eines Betreibungsauszugs die Sicherheit, dass die Daten echt sind. Die Blockchain-Technologie bie...

Socure Secures US$450 Million Series E Fundraise at US$4.5 Billion Valuation

Socure, a provider of digital identity verification and fraud solutions, announced its significantly oversubscribed US$450 million Series E funding round at a US$4.5 billion valuation. The company achieved a US$4.5 billion valuation just seven months...

Bottomline Acquires Bora Payment Systems for US$15 Million

Bottomline, a provider of financial technology that makes complex business payments simple, smart and secure, announced that it has completed the acquisition of Bora Payments Systems for US$15 million in cash. Bora Payment Systems is a B2B card payme...

Klarna Expands Its Footprint to Ireland

Swedish Buy Now, Pay Later (BNPL) platform Klarna announced that it has officially launched in Ireland. Irish consumers will be able to shop online and split their purchases into three interest-free equal payments (Pay in 3) through both the Klarna a...

5 Fintech Trends in Latin America

Latin America (LatAm)’s fintech revolution continues its course this year. Investors’ confidence remains high as they continue pouring billions into the space, betting on the prospect of fintech to help improve financial inclusion and bring innovatio...

Spend Management Firm Yokoy Partners With UBS Switzerland

Swiss spend management specialist Yokoy Group announced that it has entered into a partnership with UBS Switzerland. Yokoy said that this partnership will open up new possibilities in the area of spend management for all of UBS’ clients in the...

Swiss Federal Councillor Ueli Maurer to Build Ties at the Singapore Fintech Festival

Federal Councillor Ueli Maurer, together with a financial sector delegation, will attend the highly anticipated Singapore Fintech Festival on the 7th and 8th November 2021. In his speech at the opening of this year’s Singapore Fintech Festival,...

New Forrester Paper Explores Loan Origination Solution Market

Changing consumer behavior, tighter regulations and emerging technologies are transforming the lending landscape, challenging how incumbent lenders acquire, service and retain customers. In the latest edition of the Now Tech series, research and advi...

Trade Finance Platform Drip Capital Raises US$175 Million

Drip Capital, a digital cross-border trade finance platform for small and medium businesses (SMBs), announced that it has raised US$175 million to power its next phase of growth. Funds raised include a US$40 million Series C investment and US$135 mil...

Swiss Accounting Tool Bexio Joins SIX’s Open Finance Platform

bexio, a Swiss provider of cloud-based business and accounting software solutions, announced that it is joining the bLink open finance platform. Through the bLink platform, SIX Swiss Exchange makes available a platform that connects financial institu...

JP Morgan Study: Global Embedded Payment Volume Reached US$1.1T in 2020

In 2020, of the US$240 trillion in global payment flows, approximately US$1.1 trillion came from embedded payments, a new research by JP Morgan found. Wearables (US$347 billion), the Internet-of-Things (US$240 billion) and virtual worlds (US$182 bill...