Tagged: switzerland

October 15, 2020 @ 4:04 pm By JD Alois  |  

The Libra Association, the creation of Facebook (NASDAQ:FB) that is seeking to develop a payment crypto, has hired Ian Jenkins as Chief Financial Officer and Chief Risk Officer of Libra Networks. Libra Networks is a wholly-owned subsidiary of the Libra Association that manages the operations… Read More

October 8, 2020 @ 8:01 am By Omar Faridi  |  

SMART VALOR, a Switzerland based regulated digital asset exchange, will be running an Automated Price Reserve for the VALOR token on the Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges. The VALOR token will be… Read More

October 5, 2020 @ 9:26 pm By Omar Faridi  |  

NEC Corporation (TSE: 6701) revealed on October 5, 2020, that it has acquired the Avaloq Group AG, a major Swiss financial software firm. The Avaloq acquisition has been made so that NEC can use its digital finance software and industry knowledge as it makes plans… Read More

September 23, 2020 @ 7:37 am By Omar Faridi  |  

Thomas Gottstein, CEO at Credit Suisse Group AG, a global wealth manager, says that he expects business activity in the wealth management sector to slow down during the third quarter of this year. However, he believes that overall revenue and trading will continue at the… Read More

September 19, 2020 @ 5:13 pm By Omar Faridi  |  

Singapore, Helsinki (in Finland) and Zurich (in Switzerland) have been named as the world’s “smartest” cities during this year. They’ve managed to outperform other major European and global financial hubs, according to the Smart City Index Report for 2020. Geneva is another Swiss city that… Read More

September 16, 2020 @ 7:35 am By Omar Faridi  |  

Luxembourg based Fintech firm LUXHUB has partnered with Zürich-headquartered Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange. According to a release, the SIX Group will be using LUXHUB’s Open Banking technology. As mentioned in the announcement: “SIX continues to invest… Read More

September 13, 2020 @ 6:37 pm By Omar Faridi  |  

Credit Suisse Plans New “CSX” Digital Banking Offering Switzerland’s Credit Suisse, a global wealth manager, has revealed that it will be introducing an app-only banking service, in order to compete with challenger banks. At the end of October 2020, Credit Suisse will launch “CSX” and… Read More

September 9, 2020 @ 9:58 am By Omar Faridi  |  

Zürich-based Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange, has revealed that it will set up its Fintech incubator and accelerator F10 in Spain. In June 2020, SIX had acquired a controlling interest in BME, the Spanish stock market operator…. Read More

September 3, 2020 @ 9:53 am By JD Alois  |  

SMART VALOR, a Switzerland based regulated digital asset exchange, has partnered with Republic Advisory, affiliated with leading investment crowdfunding platform Republic – a sister firm of AngelList and CoinList. According to SMART VALOR, this partnership will enable companies raising funds through most regions to gain blanket… Read More

August 29, 2020 @ 11:20 am By Omar Faridi  |  

Indonesia has a population of around 270 million residents, and most of these people are underbanked or financially underserved. Businesses in the fast-growing economy also don’t yet have access to modern financial services, like the kind we’d typically find in many of the developed Western… Read More

August 27, 2020 @ 9:14 am By Samantha Hurst  |  

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

August 27, 2020 @ 8:07 am By Samantha Hurst  |  

i2invest, a Switzerland based fintech, reportedly announced it secured €1.2 million through its new seed funding round as well as launched its first investment products. Founded in 2017, i2invest describes itself as a “lending tech” for investors that uses a data-driven and artificial intelligent (AI)… Read More

August 12, 2020 @ 11:15 am By Omar Faridi  |  

Telos, one of the most active blockchain networks in terms of transactions per second (according to Blocktivity, but not necessarily the best or only metric for assessing performance), has revealed that social network APPICS will be moving its platform from Steem to Telos. As mentioned… Read More

August 3, 2020 @ 9:27 am By JD Alois  |  

DIA or “Decentralised Information Asset” described as an open-source data and oracle platform for the DeFi ecosystem, has kicked off its public distribution of its governance token. The distribution of the governance token is via an “autonomous bonding curve sale” for the Switzerland based entity…. Read More

July 31, 2020 @ 11:01 am By JD Alois  |  

SEBA Bank AG, a bank that is regulated and licensed by the Swiss Financial Market Supervisory Authority (FINMA), has completed two independent audits in relation to existing processes and controls. SEBA Bank is a digital asset focused firm that offers an “institutional-grade solution for digital… Read More

July 29, 2020 @ 12:57 pm By JD Alois  |  

Wecan Tokenize, a digital asset platform for real estate offerings, has released its first tokenization solution that includes end-to-end integration for banks and financial institutions, according to a release. The tokenization service is being facilitated with the integration of METACO‘s digital security infrastructure. Wecan Tokenize… Read More

July 28, 2020 @ 9:27 am By JD Alois  |  

SEBA Bank, a Switzerland based bank licensed by FINMA that seeks to bridge digital assets and more traditional ones, has announced that its Chairman of the Board of Directors has stepped down. According to a release, Andreas Amschwand has decided to exit the board and… Read More

July 27, 2020 @ 2:26 pm By Samantha Hurst  |  

Bitcoin Suisse announced on Friday it secured CHF 45 million through its Series A funding round, which was led by Roger Studer, a Swiss Banker and former Head of Vontobel Investment Bank (SIX:VONN), and the Studer Family Office. As previously reported, Bitcoin Suisse is an early… Read More

July 26, 2020 @ 9:34 pm By Samantha Hurst  |  

VirgoX, a stablecoin-focused digital asset exchange, recently announced it has joined forces with  Global Digital Assets (GDA Capital), a blockchain capital markets firm, to launch World Stablecoin Association (WSA), an independent, not-for-profit organization that is structured and headquartered in Geneva, Switzerland.  According to the duo, WSA’s mission… Read More

July 23, 2020 @ 1:44 am By Omar Faridi  |  

Switzerland’s Smart Valor, a company that operates a European crypto-asset trading platform, has revealed that it plans to add support for Kyber Network Crystal (KNC) staking, which will give Kyber Network members the chance to stake their KNC tokens on KyberDAO. Kyber Network is an… Read More