Tagged: zurich

July 25, 2021 @ 7:58 pm By Omar Faridi  |  

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one the industry’s most-respected post-trade providers, is reporting a “solid” set of results for the first half of 2021. The SIX Swiss Exchange, based in Zurich and serving as Switzerland’s principal stock exchange,… Read More

July 21, 2021 @ 7:39 am By Omar Faridi  |  

After the formation of SIX SIS USA Inc. and with the launch of its US-based office, SIX has decided to a take strategic step forward in its global expansion plan. As a trusted Financial Market Infrastructure currently operating the Central Securities Depository (CSD) in Switzerland… Read More

July 16, 2021 @ 8:09 am By Omar Faridi  |  

Switzerland’s InCore Bank, the B2B banking solution provider, reveals that it has launched a comprehensive crypto-asset service. The securitization solution, called CRYSP, was developed with assistance from GenTwo Digital, a provider of innovative securitization platforms for crypto-assets. The solution enables fund managers, whether they’re from… Read More

July 6, 2021 @ 5:22 pm By Omar Faridi  |  

Sygnum Bank reveals that it has become one of the first banks to provide Ethereum 2.0 staking support. Customers are able to easily and securely stake Ethereum (ETH) via Sygnum’s institutional-grade banking service which can help with generating a substantial yield of up to 7%… Read More

July 5, 2021 @ 1:22 pm By Omar Faridi  |  

Switzerland’s banking company Credit Suisse (SWX: CSGN) has announced that ex- Goldman Sachs (NYSE:GS) technology executive Joanne Hannaford will now serve as its Chief Technology and Operations Officer. Joanne Hannaford will be replacing current COO James Walker who will be taking up a new role in the United… Read More

June 26, 2021 @ 2:42 pm By Omar Faridi  |  

PriceHubble, a B2B Proptech firm, has finalized its fourth acquisition by adding Czech Proptech company Realtify. Pricehubble is currently operating in nine different countries. As noted by its management: “PriceHubble is a PropTech company, set to radically improve the understanding and transparency of real estate… Read More

June 22, 2021 @ 1:40 pm By Omar Faridi  |  

Switzerland-based Relai, the provider of a Bitcoin investment app, has revealed that it secured CHF 2.5 million in capital via a Series A round that was led by Swiss VC Redalpine. The funding has been acquired less than a year after the company entered the… Read More

June 5, 2021 @ 10:39 am By Omar Faridi  |  

After its strategic acquisition of Bolsas y Mercados Españoles (BME) last year (subject to regulatory clearance), SIX says that it will be migrating BME’s trading platform to a version of its current platform. This will help with launching the future trading platform technology for both… 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

January 6, 2021 @ 11:07 pm By Omar Faridi  |  

Switzerland-based Investart, an online investing service with an intuitive “click-of-a-button” platform that’s intended for all users (especially to beginners), has dropped its commissions on transactions to zero. Customers have the option to choose between creating and managing their own investments or accepting portfolio allocations recommended… Read More

January 5, 2021 @ 11:07 pm By Omar Faridi  |  

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

December 13, 2020 @ 10:36 pm By Omar Faridi  |  

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

November 17, 2020 @ 11:00 pm By Omar Faridi  |  

Singapore based Fintech firm 360F and Zurich Middle East have introduced a “pioneering” and “deeply innovative” solution, called ZurichPro, which aims to digitize the financial planning process, and will help Zurich with meeting its business sustainability goals and objectives. Walter Jopp, CEO of Zurich Middle… 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 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

July 19, 2020 @ 1:57 pm By Omar Faridi  |  

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

May 9, 2020 @ 5:34 pm By Omar Faridi  |  

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

March 29, 2020 @ 10:07 pm By Samantha Hurst  |  

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

March 11, 2020 @ 6:33 pm By Omar Faridi  |  

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

March 10, 2020 @ 10:01 pm By Samantha Hurst  |  

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