Tagged: switzerland

April 15, 2021 @ 6:43 am By Omar Faridi  |  

BitRefill, a company that helps consumers “live on” crypto with gift cards, phone refills, and Lightning Network (LN), notes that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living. BitRefill notes in a blog post that they’re specifically… Read More

April 14, 2021 @ 7:11 am By Omar Faridi  |  

Switzerland-based banking solution provider CREALOGIX has reportedy hired Jordi Perez to serve as its Regional Managing Director. Perez is expected to take on the responsibility for CREALOGIX’s business operations in Austria, Germany, and Switzerland. He will be overseeing operations in other Central European countries as… Read More

April 12, 2021 @ 9:20 am By JD Alois  |  

Binance has announced the launch of digital securities including fractional shares with zero commissions. The world’s largest digital asset exchange has taken a natural next step to offer investors both traditional and crypto-assets. Binance is providing the service in partnership with CM-Equity AG, licensed in… Read More

April 9, 2021 @ 10:21 am By JD Alois  |  

Zug, Switzerland-based Zenotta AG, a peer-to-peer trading system and Smart Data Platform, has raised  CHF 10 million ($10.7M USD) through a token sale, in its first seed funding round, according to a company release. Zenotta says it wants to create a more “decentralized, democratic, and… Read More

April 9, 2021 @ 9:40 am By JD Alois  |  

Alpian SA, a digital bank targeting the “mass affluent” has raised a Series B round of $18 million (CHF16.9 million). This latest funding round follows a Series A round in 2020 where Alpian raised CHF12.2 million. Alpian has been incubated by the Swiss banking group… Read More

April 5, 2021 @ 9:53 am By Omar Faridi  |  

The team at Properti,  a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. Properti’s management noted: “As of April 1, 2021, we have expanded our team in the areas of marketing, business development,… Read More

April 2, 2021 @ 7:34 am By Omar Faridi  |  

Co-founder of Germany-based virtual bank Penta has introduced an initiative, known as Relio, which aims to focus on serving Swiss small and medium-sized businesses (SMEs). Relio has been launched because digital banking platforms that exist today are not meeting the unique requirements of smaller businesses…. Read More

March 31, 2021 @ 12:25 pm By JD Alois  |  

RealT, a US-based real estate investment platform, has chosen Bridge Protocol, the open-source asset tokenization technology by Switzerland-based Mt Pelerin to aid in its issuance of digital securities. RealT seeks to make access to property investments via tokenization. According to RealT, investors may participate in… Read More

March 26, 2021 @ 9:37 am By JD Alois  |  

Horizon Globex GmbH and MERJ Exchange Limited are partnering on what is said to be the first tokenized SPAC or special purpose acquisition company. The joint venture is described as revolutionizing SPACs. The SPAC  IPO is predicted to reach $100 million in value. The launch… Read More

March 17, 2021 @ 8:13 am By JD Alois  |  

Bitcoin Suisse AG has been denied by the Swiss Financial Market Supervisory Authority (FINMA) in its application for a banking license.  Bitcoin Suisse submitted an application for a Swiss banking license in July 2019. According to a statement by FINMA, the bank license application was… Read More

March 7, 2021 @ 1:52 pm By Omar Faridi  |  

Although the Swiss Fintech sector continued to grow last year, a closer examination suggests that certain segments showed signs of stalling or becoming a bit stagnant. It’s one of the main findings of this year’s Fintech research study by the Lucerne University of Applied Sciences… Read More

February 26, 2021 @ 7:41 am By Omar Faridi  |  

Switzerland’s Flovtec Technologies AG, a technology firm focused on offering liquidity to digital token issuers and exchanges, stated that it will be giving the digital asset ecosystem greater (or full control) over market making activities. This move should provide a more seamless digital experience, transparent… Read More

February 13, 2021 @ 8:45 pm By Omar Faridi  |  

Blockchain startup FQX will be expanding its board with an experienced corporate finance professional. The Zurich-headquartered Fintech firm will be appointing James Courtenay to its board. Courtenay previously served as head of international corporates at Standard Chartered’s investment bank. Based in Singapore, Courtenay has also… Read More

February 12, 2021 @ 2:38 pm By Omar Faridi  |  

Crypto pioneer and early Bitcoin thought-leader Diana Biggs has reportedly decided to join Switzerland-headquartered firm  which allows investors to easily acquire digital assets through their banking provider or brokerage firms.  Biggs will lead the company’s expansion, following the recent launch of Bitcoin Zero, Valour’s Bitcoin… Read More

February 8, 2021 @ 11:57 am By JD Alois  |  

id4 has been recognized as the “Most Innovative Fintech Solution” at the WealthBriefing Swiss Awards 2021, according to a note from the company. id4 is a Swiss software company that is automating Anti Money Laundering (AML) and Know Your Customer (KYC) processes, a requirement in the… Read More

February 6, 2021 @ 8:45 pm By Omar Faridi  |  

Switzerland-based Valuu, a fully digital mortgage brokerage platform introduced by PostFinance, has revealed that it managed to triple the total volume of mortgages brokered when compared to its first year offering these services. Valuu’s management stated that they’re planning to further expand their range of… Read More

February 4, 2021 @ 12:10 pm By Omar Faridi  |  

Switzerland is currently home to around 130 startups that are actively applying blockchain or distributed ledger tech (DLT) to improve processes in the finance sector, according to new data from Swisscom. The majority of these firms (48%) offer services related to banking infrastructure, with many… Read More

February 4, 2021 @ 7:52 am By Omar Faridi  |  

Switzerland-based wealth management Fintech WealthArc is reportedly planning to strengthen and expand its overseas business after acquiring over $4 million in capital. WealthArc’s Cloud-enabled platform is being used by wealth management services to access investment data that is automatically gathered and curated by AI algorithms…. Read More

February 3, 2021 @ 11:55 pm By Omar Faridi  |  

Switzerland-based Sygnum Bank, a licensed digital asset bank founded on “Swiss and Singapore heritage” operating globally, and Fine Wine Capital, a privately-held specialist trading firm with a special focus on the fine wine market, have reportedly tokenized a range of premium investible wines. This initiative… Read More

February 1, 2021 @ 10:12 am By Omar Faridi  |  

Crypto Broker AG, which is the Crypto Finance Group‘s brokerage, has reportedly been issued a license to serve as a securities house along with a bilateral trading facility by the Swiss Financial Market Supervisory Authority (FINMA). After this license has gone into effect or become… Read More