Tagged: switzerland

March 14, 2017 @ 10:13 am By Erin Hobey  |  

SwissComply, a regulatory services provider for asset managers, has joined the fintech company Evolute to form Evolute Group AG. This merger of regulatory and fintech services creates a platform provider for asset managers that combines comprehensive regulatory services with digital technology. Kaspar Wohnlich has been selected as… Read More

March 12, 2017 @ 3:49 am By JD Alois  |  

  F10, a Switzerland-based Fintech incubator and accelerator, has added three new corporate members: Baloise Group, Generali Group Switzerland and eny Finance. The three new members specialize in insurance, pensions, and financing. F10 also announced that applications for the third round of its successful P2… Read More

March 2, 2017 @ 6:16 pm By JD Alois  |  

Finnest, an SME or “Mittelstand spezialist,” is helping Austria-based Biogena to fund its expansion in Germany. Finnest is a new online lending platform that accepts both individual and institutional investors. Finnest allows investors the ability to lend money to smaller businesses in a rate-auction process. Investors… Read More

March 2, 2017 @ 8:57 am By JD Alois  |  

Lykke, a Swiss Fintech company building a blockchain-powered marketplace,  is reporting it has completed a three-week public offering of a 1-year forward equity contract. The offer, which was said to be oversubscribed, raised CHF 2 million for the company from more than 340 new investors…. Read More

February 21, 2017 @ 8:36 am By JD Alois  |  

Mundi Ventures has invested CHF 1.5 million in Qumram, a Fintech firm that focuses on regulatory compliance and risk management.  Qumram said Mundi’s investment finalized their 2016 angel funding to expand services both in the UK and North America. Headquartered in Madrid, Mundi is a… Read More

February 18, 2017 @ 8:29 pm By JD Alois  |  

Regtech firm Qumram, has received a nice recognition at the 4th Annual WealthBriefing Swiss Awards 2017. Quumrm, a Fintech firm that provides digital compliance and risk management solutions, has been recognized as the “Most Innovative Fintech” by the Swiss private banking and wealth management community. Stephen… Read More

February 12, 2017 @ 12:01 pm By JD Alois  |  

Lykke, a Zurich-based Fintech firm that wants to become the “world’s first regulated marketplace built on cryptographic technology” is offering a one-year forward contract on a bespoke cryptocurrency or Lykke Coin with a 20% discount. Announced last week, Lykke basically will provide a 20% discount… Read More

January 16, 2017 @ 9:41 am By Samantha Hurst  |  

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Monday it is heading to Davos, Switzerland for the 2017 World Economic Forum.  The World Economic Forum, which was established as a not-for-profit foundation in 1971 and is headquartered in Geneva, Switzerland, aims to… Read More

November 28, 2016 @ 9:21 am By JD Alois  |  

EY Switzerland has announced that beginning January 2017 all of their customers may settle their bills using Bitcoin. Simultaneously, EY announced that employees will be receiving a digital wallet and a Bitcoin ATM has been placed into operation and is publicly accessible to the office building… Read More

November 23, 2016 @ 3:46 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has outlined its strategic goals for 2017 to 2020 and like much of the developed world, the financial regulator is embracing innovation and Fintech disruption. The strategic goals were approved were approved this past week by the Federal… Read More

November 2, 2016 @ 5:19 pm By JD Alois  |  

Announces Creation of a Regulatory Sandbox for Fintech Firms. New Fintech License to be Granted to Aspiring Firms. The Swiss Federal Councial has announced its intent to reduce barriers to entry for disruptive financial firms. Joining a growing litany of nations, Switzerland is embracing Fintech… Read More

October 26, 2016 @ 11:09 am By Samantha Hurst  |  

Earlier this week, Switzerland-based equity crowdfunding platform Bee Invested announced the launch of its new campaign for a real estate project located in Luxembourg. The website stated the offering is designed to simplify investments by connecting developers and investors. It also claimed is is the first… Read More

September 12, 2016 @ 9:23 am By JD Alois  |  

Singapore has a policy objective to become a global Fintech hub and today they are announcing another step in that direction. The Monetary Authority of Singapore (MAS) has joined with the Swiss Financial Market Supervisory Authority (FINMA) to sign an agreement to engender greater cooperation… Read More

August 22, 2016 @ 8:15 am By JD Alois  |  

Investment crowdfunding platform investiere.ch has closed a series B funding round led by Swiss bank Zürcher Kantonalbank. Existing shareholders and other angels also participted in the round.  The bank now becomes a “significant minority shareholder” in the crowdfunding platform. The investment totaled CHF 3.5 million… Read More

July 11, 2016 @ 10:24 am By Samantha Hurst  |  

Lendico, a peer to peer lender that has not let national barriers get in the way of expansion, announced on Monday that it has teamed up with Swiss financial services, PostFinance, for a new Switzerland joint venture. The P2P platform revealed that as part of its… Read More

May 18, 2016 @ 9:05 am By JD Alois  |  

  The Institute of Financial Services Zug IFZ, is out with its annual report on alternative finance. According to their numbers, the Swiss market jumped by 73% in 2015.  Much of the growth was driven by lending which experienced an increase of 127%. Currently there… Read More

May 8, 2016 @ 7:01 pm By JD Alois  |  

Growing sports brand SKINS has placed its equity crowdfunding campaign on pause as multiple, large investors have indicated their interest in gaining a “substantial shareholding” in the brand.  The Swiss company launched a £2 million crowdfunding round earlier this year using both Seedrs in the… Read More

February 20, 2016 @ 5:41 pm By JD Alois  |  

Question: What do the following have in common? Smart Tracker 2 Smart Tracker Swiss White Teeth Last Crime Answer: They are each crowdfunding projects on Indiegogo involving a Mr. Julian Buschor. Another fun fact regarding the above campaigns, none of the promised rewards have delivered for… Read More

February 9, 2016 @ 6:06 am By Erin Hobey  |  

Switzerland’s potential as a European fintech hub is being damaged by lack of Government and bank support and a shortage of investment capital, according to a new report by Ernst & Young and Swiss Finance + Technology Association. Despite the advantages incurred by the country’s skilled… Read More

December 8, 2015 @ 11:12 am By Erin Hobey  |  

Companisto, the German market leader in equity crowdfunding, has now become the first equity crowdfunding platform in Germany, Austria, and Switzerland to raise a total of over €25 million. Globally, equity crowdfunding is growing rapidly. This type of financing, based on private individuals’ teaming up and investing… Read More