News / Switzerland - 3 years ago
Crypto Valley has been growing rapidly over the past year despite COVID-19. The hub, which includes both Switzerland and Liechtenstein, is home to 960 blockchain/cryptocurrency companies, among which 11 unicorns, that employ over 5,000 people, a new...
News / Switzerland - 3 years ago
The open banking movement has reached Latin America (LatAm) on the back of a booming fintech sector. The growth of fintech in LatAm started later than in other regions but quickly picked up steam. From 2017 to 2019, fintech investment in LatAm grew m...
News / Switzerland - 3 years ago
Showcasing more than 140 InsurTechs in Switzerland, Liechtenstein, Germany and Austria, in order to better connect the ecosystem, increase its visibility and empower stronger collaboration. House of InsurTech Switzerland (HITS), F10 and Kick...
News / Switzerland - 3 years ago
Mark Branson is stepping down as Chief Executive Officer of the Swiss Financial Market Supervisory Authority FINMA. He will take on the role of President of the Federal Financial Supervisory Authority BaFin in Germany from mid-2021. Mark Branson has...
News / Switzerland - 3 years ago
Despite an increase in the number of Swiss fintech companies in 2020, an evaluation of fintech companies’ capitalization and the number of employees working for them signals a slowdown in the growth of the sector, according to the Lucerne University...
News / Switzerland - 3 years ago
Around the world, interest in central bank digital currency (CBDC) is growing in response to changes in payments, finance and technology, and on the back of rising digital adoption triggered by COVID-19. A 2021 survey of central banks conducted by th...
News / Switzerland - 3 years ago
Ab sofort werden Privatkredite der Migros Bank auch über die digitale Finanz- und Versicherungsplattform von FinanceScout24 angeboten. Die Migros Bank forciert seit Jahren die Ergänzung traditioneller Vertriebskanäle mit Online-Abschlussmöglichkeiten...
News / Switzerland - 3 years ago
Swiss wealth management group Julius Baer has introduced a guided digital onboarding solution for clients, including a complete video identification service. The bank claims to be one of the first wealth managers to provide a guided digital onboardin...
News / Switzerland - 3 years ago
Dutch payment news and intelligence the Paypers has released an updated version of its infographic of the global open banking ecosystem in 2021, mapping key solution providers and their core offerings and solutions. The map categories open banking co...
News / Switzerland - 3 years ago
Swiss core banking solution provider Avaloq announced that Juerg Hunziker will be stepping down as CEO by the end of March following its recent acquisition by Japan’s NEC Corporation. In the meantime, the current Group Executive Board members M...
News / Switzerland - 3 years ago
Neobanks and digital banks have set new standards in customer experience and expectations, pushing incumbents to get out of their comfort zone and innovate. After accumulating an estimated 39 million users worldwide, neobanks are now coming after the...
News / Switzerland - 3 years ago
The Swiss Financial Market Supervisory Authority (FINMA) has rejected Swiss cryptocurrency trading platform Bitcoin Suisse‘s banking license application, deeming it ineligible for approval. Bitcoin Suisse had previously submitted an application...
News / Switzerland - 3 years ago
Riding on the rise of sustainable finance, a new wave of climate-focused fintechs are emerging in Switzerland to provide customers with environmentally-friendly digital financial services and investment opportunities. Thomas Ankenbrand and Marc Grau...
News / Switzerland - 3 years ago
Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion. The funding round w...
News / Switzerland - 3 years ago
London-based global payments service provider SumUp announced that it has raised a €750 million facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management. The current round was oversubscribe...