Category : News

UBS Report: Generative AI for Financial Services

by Fintechnews Switzerland December 13, 2023 In the financial services i...

Visa Payment Monitor Schweiz 2023

Wenn es um Geld geht, greifen Konsumenten in der Schweiz immer häufiger zum Smartphone. Das zeigen die Ergebnisse der dritten Auflage des Schweizer Visa Payment Monitors in Zusammenarbeit mit forsa. Laut der repräsentati...

UBS Key4 Starts Offering Digital Investing for Kids

With the digital investment solution UBS key4 smart investing, adult clients can now digitally open investment accounts as a gift for children and invest directly in selected funds – simply via their smartphone. UBS key4...

SumUp Secures €285 Million Funding Round Amidst Global Fintech Fluctuations

by Fintechnews Switzerland December 12, 2023 SumUp, a London-based finte...

Germany’s Payroll Software Startup Lano Lands TX Ventures Funding

In the payroll software sector, the German-based startup Lano has recently secured a substantial investment led by TX Ventures. This new funding, complemented by contributions from existing investors like Atlantic Labs,...

Basel Committee to Revise CryptoAsset Risk Standards

The Basel Committee on Banking Supervision met virtually on 5 and 7 December to discuss a range of policy and supervisory initiatives. The Committee took stock of its review of various elements of the prudential standard...

DACH Payment Survey: Contactless Debit Card Preferred, but Cash Is Still King

by Fintechnews Switzerland December 11, 2023 Cash is the primary form of...

Fintech Venture Fund Canapi Raises $750m

Canapi Ventures, a fintech venture capital fund backed by nearly 70 financial institutions and strategic investors across the United States, announced the raise of a $750 million Fund II. Canapi is backed by the Canapi A...

Robinhood Crypto Trading App Arrives in EU, Offers Bitcoin Rewards

Robinhood is set to make a significant stride in the European Union by launching the Robinhood Crypto app for all eligible customers in the region. The company claims that the app is the only custodial crypto platform in...

Portuguese Fintech Map and Report 2023

by Fintechnews Switzerland December 11, 2023 2023 has been a challenging...

Largest VC Startup Growth Fund of Fund in Germany Ever: 1 Billion EUR Target

The VC fund of funds “Wachstumsfonds Deutschland” (Growth Fund Germany) has reached its EUR 1 billion target volume. A key building block of the Future Fund of the German Federal Government has thus been completed. The W...

Germany’s Biggest Ever VC Startup Growth Fund of Fund Aims for 1 Billion EUR

German Online Trading Platform Trade Republic Receives Full Banking License From European Central Bank

Trade Republic has obtained a full banking license from the European Central Bank (ECB). The additional license allows Europe’s largest savings platform to expand its product offering in the areas of investing and saving...

PPRO Expands Its Payment Method Portfolio with Twint

London based Digital Payment Solution provider PPRO has integrated Swiss payment method Twint onto its platform. Processing over 386 million transactions in 2022 alone, Twint is the preferred way to pay for more than hal...

Switzerland Sees Slow Uptake of Open Banking

Despite ranking high in digital evolution, Switzerland lags behind some of its European counterparts in digital trust, behavior and demand. These attributes, coupled with consumers’ stronger affinity for cash and their l...