Tagged: switzerland

Insurtech: Switzerland’s Digital Life Insurance Firm SafeSide Partners miira, a Comparison Site for Personal Retirement Planning

Switzerland-based SafeSide Life, a digital life insurance solution provider, has teamed up with miira, a comparison platform for enhancing personal retirement planning (that’s powered by PostFinance’s Innovation Lab). Through the partnership, the companies will aim to improve how consumers analyze financial protection requirements and subsequently… Read More

Switzerland based Proptech Firm Properti Received 580 Applications Last Year, and Ended 2020 with 508 Active Properties

Levent Künzi, Co-founder and CEO of Properti, a technology-driven real estate firm focused on modernizing residential real estate in Europe, has shared the company’s key milestones from last year in an annual review 2020 update. Künzi confirmed that Properti handled CHF 69 million (appr. $77.52… Read More

Swisscom Adds Financial Tech Firms Allindex, Relai, ROCKON Digital Evolution to its Fintech Startup Map for December 2020

Swisscom has published the latest Swiss Fintech Startup Map for December 2020. The new map features three new Switzerland-based startups for the month. The map offers regular updates on the Swiss Fintech sector. It’s now displaying a total of 376 Swiss Fintech companies. For the… Read More

Insurtech.Rocks Publishes its Swiss Insurance Technology Map for 2020, Featuring 20 High-Potential Startups

Insurtech.Rocks, a management and digital consulting firm focused on Switzerland’s insurance sector, has published its Swiss Insurtech Map for 2020. It features 20 insurance technology startups. Here are the 20 Insurtechs to look out for as we head into 2021: Insurtech firm Anivo offers insurance… Read More

NEC Completes Acquisition of Swiss Financial Software Firm Avaloq

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced earlier this week the closing of NEC’s acquisition of Avaloq. As previously reported, the acquisition was announced in October and NEC purchased Avaloq for around 2.05 billion Swiss francs. Founded… Read More

F10 Announces Newly Established Investment Unit to Provide Funding For Selected Startups Graduating From Incubation Program

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday the launch of its new investment unit, F10 Investment AG. According to F10, the unit’s founding investors are F10 FinTech Incubator & Accelerator and the F10 Corporate Partners SIX Group as well as the… Read More

Switzerland based F10 Fintech Incubator and Accelerator Adds Insurance APIs from Baloise

Switzerland-headquartered F10 Fintech Incubator and Accelerator has reportedly added several different insurance APIs from Baloise, a Swiss insurance holding firm. The APIs are now a part of the F10 Fintech Sandbox. This development aims to support Open Insurance services in the European country. Last year,… Read More

Switzerland’s Etops AG, a Banking Service and Software Firm, Acquires Wealth Management Solution Provider, Evolute AG

Etops AG, a banking service and software firm, has reportedly acquired a 100% stake in Evolute AG, which provides wealth management solutions. After the integration process has been completed, the merged firm (called Etops) will be managed by Etops CEO Pius Stucki. Pius Stucki, CEO… Read More

Switzerland’s PostFinance Partners Germany’s Digital Banking Service Provider CoCoNet to Launch Cash Management Services

PostFinance, the financial services division of Swiss Post, and CoCoNet, a Germany-headquartered digital banking service provider, are teaming up to launch a cash management platform for corporate clients. The new solution will aim to provide various cash management services to PostFinance‘s corporate customers, which includes… Read More

Update: GuestReady’s Equity Crowdfunding Campaign Nears €1.75 Million During the Final Week on Crowdcube

  GuestReady, a Switzerland-based short and mid-term rental management company, is set to close its equity crowdfunding campaign on Seedrs with nearly €1.75 million raised. The funding round was launched last month and has attracted more than 600 Seedrs investors.  As previously reported, GuestReady states… Read More

Libra No More: Digital Currency Initiative Libra Association Changes Name to Diem

The Libra Association, the initiative launched by Facebook to create a global digital currency, has changed its name to Diem, according to a note from the group. Recently, there have been multiple reports that the Diem Association is gearing up to launch its digital currency…. Read More

London’s Blockchain.com Extends Partnership with CoinShares to Support “Wrapped” Gold backed Crypto Token

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

In a Sign of the Importance of Fintech, Switzerland Finance Minister Ueli Maurer to Address Singapore Fintech Festival

Switzerland has emerged as a Fintech friendly jurisdiction and home to many blockchain-focused financial services firms. The country  has long been an important banking center and the Swiss government is keen to maintain its status in a world that is going through a digital transformation…. Read More

Facebook’s Libra Cryptocurrency May Launch in January but as a Dollar Backed Stablecoin

Libra, Facebook’s project to launch a global cryptocurrency, may launch as soon a January but as a stablecoin and not as a basket of assets that it originally sought to create. According to a report in the FT, Libra may launch in early 2021 as… Read More

Big Money: UBS “My Way” Platform Seeks to Cater to Wealthy Clients with Digital Services, Meanwhile Fintech is on the List of the Next Big Thing

This past week it was reported that UBS is looking to beef up its wealthy client business with its new “My Way” platform that is currently catering to customers in Switzerland with other European countries forthcoming as well as Asia.  According to Reuters, the wealth… 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

Bloomio Receives Patent for “Method of Blockchain Wallet Recovery”

Bloomio AG, a holding company of the Bloomio group, has announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 10,790,976, which is described as a method for recovering cryptographic assets associated with a cryptocurrency wallet. Citing a study by… Read More

Overfunding: Short & Mid-Term Rental Management Company GuestReady Quickly Surpasses €1.5 Million Funding Target Through Seedrs Round

GuestReady, a Switzerland-based short and mid-term rental management company, has successfully secured its initial €1.5 million through its equity crowdfunding campaign on Seedrs. Founded in 2016, GuestReady states it provides services for homes on Airbnb across London, Paris, Dubai, Hong Kong, Kuala Lumpur, Porto, Manchester, Edinburgh,… Read More

Switzerland Is Establishing a Green Fintech Network to Take Advantage of Sustainable Finance Opportunities

Switzerland is establishing a Green Fintech Network in order to help the country take advantage of the different opportunities offered by sustainable finance solutions. As stated in the announcement: “The Federal Council sees sustainable finance as a great opportunity for the Swiss financial centre. The… Read More

Brussels based Keyrock, a Digital Asset Market Maker, Secures €4.3 Million from SIX Fintech Ventures, Others

Brussels-headquartered Keyrock, a digital asset market maker, has secured €4.3 million in capital through an investment round that was co-led by MiddleGame Ventures and SIX Fintech Ventures, which is a CHF 50 Million corporate VC fund that invests in global early-stage startups. Volta Ventures, Seeder… Read More

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