Tagged: zurich

World’s “Smartest” Cities: Singapore, Helsinki, Zurich, According to Smart City Index Report for 2020

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

Zürich based SIX Group Expands Fintech Incubator Program to Spain, after Acquiring Stake in BME, Spain’s Stock Market Operator

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

Swiss Fintech Vestr, backed by Zürich based SIX Group, Offers Digital Software Engine for Actively Managed Certificates

Zürich-based Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange, revealed that it has invested in the operations of Vestr, a Swiss company that offers a software engine to the issuers of Actively Managed Certificates (AMCs). The amount invested, through a… Read More

Zurich-based Mobile Banking App Provider Numbrs to Lay Off 62 Employees, After Investors Decide to Back Out

Zurich-based Numbrs, a mobile banking app provider, will be laying off 62 employees after investors backed out of a deal to allocate funds toward the development of the firm’s business. In August 2019, the Fintech firm claimed that it was valued at around CHF 1… Read More

Update: Zurich Fintech MPower Set to Close Crowdcube Round With More Than £350,000 in Funding Secured

MPower, a Zurich-based fintech startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £350,000 in funding secured. The funding round, which originally sought to raise £300,000, has attracted nearly 320 Crowdcube investors.  As previously reported, MPower describes itself as an… Read More

Finantix to Acquire Zürich-based InCube Group, a Developer of AI-enhanced Services for Wealth Managers, Insurers

Finantix has reportedly signed an agreement for the acquisition of Zürich-based InCube Group AG, a company with a team of artificial intelligence (AI) specialists, quant and application developers and finance professionals that create data-driven, AI-powered products for wealth managers and insurers. Finantix’s acquisition of InCube… Read More

Overfunding: Zurich Fintech MPower Secures £300,000 in Funding Through Crowdcube Round

MPower, a Zurich-based fintech startup, has successfully secured its initial £300,000 equity crowdfunding target on Crowdcube. The company launched the initiative last month, which has so far attracted nearly 190 Crowdcube investors. Launched in 2018, MPower describes itself as an impact and fintech start-up addressing… Read More

Switzerland’s Stock Exchange Operator SIX Group to Integrate Know Your Customer in Order to Perform Improved Financial Risk Assessement

Zürich-based Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange, will be integrating a platform developed by Know Your Customer, in order to enhance its existing procurement process and to be able to perform a better assessment of risks when dealing… Read More

Switzerland’s Stock Exchange Operator SIX Group Makes All-Cash Offer for Bolsas y Mercados Espanoles, a Spanish Stock Exchange Operator

Zürich-based Swiss Infrastructure and Exchange (SIX) Group AG, the operator of Switzerland’s stock exchange, recently revealed that it has made an all-cash offer for Bolsas y Mercados Espanoles, a Spanish stock exchange operator. The deal would reportedly establish the third-largest financial market infrastructure group in… Read More

Business Process as a Service Firm Avaloq Finalizes Acquisition of Derivatives Partners, a Financial Data Provider

Switzerland-based Avaloq, a company that offers a standardized Business Process as a Service (BPaaS) or Software as a Service (SaaS) model to financial institutions and wealth management platforms, revealed recently that it has finalized its acquisition of Derivative Partners, which was first announced in July… Read More

New Zurich Blockchain Hub Trust Square Announces Grand Opening

Zurich blockchain hub Trust Square officially launched on Friday with an opening ceremony that was chaired by the Department of Economic Affairs of the Canton of Zurich, Carmen Walker Späh. Organizers of the hub reported that it is located right opposite the Swiss National Bank… Read More

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