Tagged: switzerland

September 23, 2021 @ 7:56 am By Omar Faridi  |  

Spicehaus says they are pleased to confirm the 10th investment of the Spicehaus Swiss Venture Fund. Fidentity offers automatic online identification of customers (KYC). The software can automatically match a live image or “selfie” with “the corresponding identification document.” Unlike other solutions in the market,… Read More

September 19, 2021 @ 9:10 pm By Omar Faridi  |  

Raiffeisen Switzerland, a cooperative of cooperatives (the union of independent Swiss Raiffeisen banks), has reportedly secured a CHF 165 million bail-in bond via Valyo’s capital market platform. As noted by its management, Valyo aims to “open the door to the world of finance, across borders”… Read More

September 19, 2021 @ 12:55 pm By Omar Faridi  |  

VC firm btov Partners recently revealed that it has finalized the closing of its new digital technologies early-stage fund “with a volume of $135M.” It’s reportedly the second fund that focuses on digital technologies, and the ninth for btov Partners, to date. Investments in earlier… Read More

September 17, 2021 @ 11:29 am By JD Alois  |  

In the final days of its security offering on Seedrs, GuestReady has cruised past €2.3 million in funding on a target of €1 million. Investors are receiving a convertible security that holds a 10% discount on a future round. To date, 873 investors have backed… Read More

September 14, 2021 @ 7:34 am By Omar Faridi  |  

Switzerland-based vestr, a platform that fully digitizes the life-cycle management of actively managed investment products, has reportedly expanded its business operations to Singapore, after teaming up with Julius Baer via F10’s Fintech incubator program. As noted by its management: “Julius Baer is the international reference… Read More

September 12, 2021 @ 3:20 pm By Omar Faridi  |  

BlueOrchard Finance, a Switzerland-based impact investment manager, and the Asian Development Bank (ADB) have entered a $50 million risk-sharing agreement for microfinance coverage in ADB’s developing member countries (DMCs). The firm is reportedly the first impact investment manager to work closely with the ADB’s microfinance… Read More

September 11, 2021 @ 12:03 am By Tony Zerucha  |  

Blockchain technology firm CoreLedger this week added a pair of industry veterans to its advisory board. David Ishag is the CEO of Beaurivage Finance SA, a Swiss wealth management company providing portfolio management, investment advisory and family office services. He has more than three decades… Read More

September 10, 2021 @ 10:59 am By Omar Faridi  |  

For the first time, an international private banking platform has followed the example of St. Galler Kantonalbank and selected the Digital Hub from CREALOGIX in order to support its  digitalization strategy. The rise of innovative Fintech businesses and new types of client support and outreach… Read More

September 10, 2021 @ 7:52 am By Omar Faridi  |  

Switzerland’s stock exchange SIX has reportedly acquired regulatory approval from the financial market supervisor for its SDX bourse. This should help with paving the way for the platform to be deployed with its marketplace for crypto-assets. Thomas Zeeb, Global Head of Exchanges at SIX, noted… Read More

September 8, 2021 @ 8:19 am By Omar Faridi  |  

SIX and Inventx have announced that they will be cooperating on Open Finance initiatives. As part of a strategic partnership, Inventx and SIX will ensure the seamless interconnection of their complementary ix.OpenFinancePlatform and bLink open-finance hubs “going forward.” Following the cooperation between Swisscom and SIX… Read More

September 4, 2021 @ 4:56 pm By Omar Faridi  |  

epay, the virtual payments division of Fintech solutions and payments provider Euronet Worldwide, Inc. (NASDAQ:EEFT), recently revealed that it has completed the integration of the PayPal QR Code in their point-of-sale (POS) solution. The new solution is now live in Germany and will be offered… Read More

September 4, 2021 @ 2:36 pm By Omar Faridi  |  

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one of the industry’s most-respected post-trade providers, will be acquiring a 50% stake in REGIS-TR from joint venture partner Clearstream Iberclear, part of SIX, in order to become the “sole shareholder” of Regis-TR… Read More

August 31, 2021 @ 11:47 pm By Omar Faridi  |  

Switzerland-based digital banking challenger Yapeal has a new virtual banking service for children and younger people in general. Called Yapini, the new product offering is meant to support financial management services for young clients. As noted by the Yapeal team: “Yapini is a digital account… Read More

August 31, 2021 @ 3:41 pm By Tony Zerucha  |  

Liti Capital’s wLITI token, a wrapped version of the Swiss company’s LITI equity token, has been listed on Changelly PRO. $wLITI pairs with BTC and USDT are now available for trading. This comes less than a week after listing on Bitcoin.com Exchange and less than… Read More

August 28, 2021 @ 11:51 am By Omar Faridi  |  

On Friday (August 27, 2021), the team at Sygnum banking platform celebrated their anniversary as a “regulated Swiss bank.” As mentioned in an update from Sygnum Bank: “Two years since we received our banking and securities dealer license, we now have significantly more than CHF… Read More

August 26, 2021 @ 11:36 pm By Omar Faridi  |  

Tezos (XTZ) has been chosen to enable smart contracts for “leading” European banks, according to a recent update. Crypto Finance Group, InCore Bank, and Inacta announced on August 24, 2021, that they are selecting Tezos for “innovative, compliant on-chain digital financial products.” As mentioned in… Read More

August 25, 2021 @ 9:23 am By JD Alois  |  

wLITI token, a “wrapped” version of the LITI equity token, has been listed on the Bitcoin.com trading platform. Liti Capital is a Switzerland-based blockchain private equity fund that raises capital for legal cases for litigation financing. Holders of the token may benefit from returns generated… Read More

August 24, 2021 @ 2:53 pm By Tony Zerucha  |  

The Bitcoin Association, the Switzerland-based global industry organization working to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announced the three finalists for the 4th Bitcoin SV Hackathon who will compete for a USD $100,000 prize pool (paid in BSV) at… Read More

August 23, 2021 @ 9:20 am By Omar Faridi  |  

PostFinance, the financial services division of Swiss Post, has reportedly hired Benjamin Staeheli to serve as their Head of Payment Solutions. He’ll be joining the Executive Board as of  January 1, 2022, the announcement confirmed. Benjamin Staeheli possesses a degree in business administration from the… Read More

August 20, 2021 @ 12:37 pm By Omar Faridi  |  

Compliance in financial services will be drastically improved by leveraging innovative technology-based assessments which draw on regulatory data from around 180 jurisdictions, as part of a collaboration between Big Four auditing firm PwC and Regtech CUBE. PricewaterhouseCoopers (PwC) Switzerland, PwC UK and London‘s CUBE will… Read More