Tagged: swiss

Temenos Announces Integration of Swiss Digital Asset & Blockchain Infrastructure Fintech Taurus With Core Banking Software Temenos Transact

      Temenos (SIX: TEMN), the banking software company, announced on Monday the integration of Taurus SA (“Taurus”), the Swiss digital asset and blockchain infrastructure fintech, with Temenos Transact, a next-generation core banking software. Temenos reported it collaborated with Taurus to deliver “simplified” access… Read More

Swiss SEBA Bank Unveils “Discretionary Mandates” to Support Investors in Digital Asset Strategic Allocation

    SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Friday it has added discretionary mandates to its investment solutions suite. According to SEBA, Mandates on digital assets are a “natural extension” of the bank’s asset management capabilities and a… Read More

Swiss Regulated Digital Asset Focused SEBA Bank Completes Series B Investment Round

  SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Tuesday approved at its Extraordinary General Meeting the completion of its Series B capital increase. Founded in 2018, SEBA claims it is a licensed and supervised Swiss bank providing a seamless,… Read More

Switzerland’s Post Office Division to Reinvent itself as a “Radical” Digital Bank, but Could Face Challenges

Switzerland’s Post Office division is reinventing itself as a “radical” banking challenger. Last month, the Swiss Post Office had announced a “Banking & Beyond” initiative, called PostFinance. As first reported by swissinfo.ch, the nation’s post office will be working on the new project with Swissquote,… Read More

Swiss Fundraising Tech Platform RaiseNow Secures CHF 5.4 Million Through Series A+ Funding Round Led By Six Fintech Ventures

RaiseNow, an online charitable giving technology provider, recently announced it secured CHF 5.4 Million through its Series A+ funding round, which was led by SIX Fintech Ventures, with existing investor PostFinance and individual investors participating in the round. Founded in 2015, the RaiseNow platform supports… Read More

Swiss Fintech FlowBank Teams Up With Temenos To Launch Digital Bank

Temenos (SIX: TEMN), a banking software company, announced on Monday its Temenos Transact has been selected by FlowBank, a Swiss fintech startup, to power its new digital bank. Temenos reported that Temenos Transact core banking technology will enable FlowBank to launch and offer a new… Read More

Swiss Challenger Bank Neon Scores €4.6 Million Through Latest Investment Round to Finance Growth

Neon, a Switzerland-based challenger banking startup, announced on Wednesday it scored €4.6 million through its latest investment round, which was supported by the existing investors, including Backbone Ventures, TX Group, the Schwyzer Kantonalbank innovation foundation and the “Höhle der Löwen” investors Roland Brack and Bettina… Read More

Switzerland’s Interchain Foundation Awards Grants to Blockchain Artchitects Looking to Expand Cosmos Network

  Interchain Foundation (ICF), a Switzerland-based foundation that is supporting, promoting, and advancing open and decentralized systems, announced last week it was awarding grants to blockchain architects Althea, Chainsafe, Confio, Lunie, Iqlusion and Regen Network. According to ICF, the funding will help these projects build… Read More

Swiss Wealth Management Group Julius Baer Launches Digital Assets Trading Services

Swiss wealth management group Julius Baer announced earlier this week it is teaming up with FINMA-licensed SEBA Bank AG to launch its digital asset trading services. According to Julius Baer, the new service will provide clients with access to various solutions for digital assets storage… Read More

Swiss Banking App Neon Eliminates Extra Fees For Card Payments Abroad

Neon, a Switzerland-based mobile banking app, announced on Monday it is eliminating extra fees for card payments abroad. The company revealed the exciting news by stating the following: “To pay so much in fees while abroad is just not ok anymore. Card payments and cash… Read More

Switzerland’s Numbrs Secures $40 Million Through Latest Investment Round; Named Fintech Unicorn After Being Valued At More Than $1 Billion

Numbrs, a Switzerland-based fintech, announced this week it has secured $40 million through latest investment round. With the latest round of funding, the company is now valued at more than $1 billion and has been dubbed a Swiss Fintech Unicorn. Numbrs describes itself as a… Read More

Nestlé Launches New Blockchain Pilot Platform to Allow Customers to Track Food Right Back to the Farm

Swiss multinational food and drink company Nestlé announced on Tuesday the launch of its new blockchain pilot platform, which allows consumers to track their food right back to the farm. Nestlé claims to be the first major food and beverage company to announce it will… Read More

Avaloq Reports 12 Financial Institutions Have Signed Up With PSD2 Solution

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More

Swiss Fintech Avaloq Joins the Enterprise Ethereum Alliance

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has joined the Enterprise Ethereum Alliance (EEA), which is an open source blockchain initiative. Avaloq reported that as a member of the EEA it will collaborate with… Read More

Dukascopy Bank Launches Cryptocurrency “Dukascoin”

Dukascopy Bank, a Switzerland-based banking group, announced on Friday the launch of its very own cryptocurrency, Dukascoin (DUK+). Dukascopy Bank claims that Dukacoin is the first payment coin issued for public use by a licensed and regulated Swiss bank. In an open letter, Dr. Andre… Read More

Swiss Fintech Avaloq Acquires 10% Stake in Blockchain & Cryptocurrency Specialist Metaco

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has acquired 10% stake in blockchain and cryptocurrency specialist firm, Metaco. Founded in 2014, Metaco is described as a company that has developed specialist cryptographic solutions that be… Read More

Japan’s Financial Services Agency Announces Exchange of Letters for Cooperation Frame on Fintech With Swiss Financial Market Supervisory Authority

On Wednesday, Japan’s Financial Services Agency (FSA) announced it Exchanged of Letters for Cooperate Framework on fintech with the Swiss Financial Market Supervisory Authority (FINMA). According to the organization, this Cooperate Framework recognizes the global nature of innovation in financial services and intends to enhance… Read More

Temenos Teams Up With MAINSYS to Deliver Digital Banking Solutions

Swiss Fintech Temenos (SIX: TEMN) announced on Tuesday it has formed a partnership with MAINSYS, a provider of IT services to the Belgian financial services sector. According to Temenos, the new partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector,… Read More

Digital Wealth Management Startup Flynt Receives Swiss Banking License

On Friday, digital wealth management FLYNT announced it obtained a banking-license from the FINMA and operates now under FLYNT Bank AG. The start-up stated: “The banking-license allows FLYNT the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and… Read More

Swiss Outdoor Startup Polarmond Pitches Campaign on Innovestment

It’s that time of year, readers, when camping in the northern hemisphere has become optimal. Pre-insects, post-blizzard. For readers who prefer a year-round camping experience (camp in a hammock and/or have had their water supplies freeze inside their tents on multiple occasions) or just crave plain and simple comfort,… Read More

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