Tagged: fintech license

March 14, 2020 @ 4:33 pm By JD Alois  |  

Yapeal, an aspiring digital bank based in Zurich, has received the very first Fintech license in Switzerland. In 2019, the Swiss Parliament introduced the Fintech license enforced by the Financial Market Supervisory Authority (FINMA). The requirements for Fintech companies are based on the established auditing… Read More

December 10, 2018 @ 7:49 am By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has outlined the requirements for anti-money laundering (AML) and firms seeking a Fintech license. Last week, FINMA issued the general guidelines for their Fintech license which is designed to encourage innovation in financial services by providing a streamlined approach… Read More

December 4, 2018 @ 5:40 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority (FINMA) has published their guidelines pertaining to a new Fintech license. which will be available beginning in 2019. FINMA will be issuing and regulating accepted Fintech companies. The goal of the new licensing structure is to boost Fintech innovation by… Read More