Tagged: switzerland

Peer to Peer Trading Platform Zenotta Raises $10.7 Million in Seed Funding via Token Offering

Zug, Switzerland-based Zenotta AG, a peer-to-peer trading system and Smart Data Platform, has raised  CHF 10 million ($10.7M USD) through a token sale, in its first seed funding round, according to a company release. Zenotta says it wants to create a more “decentralized, democratic, and… Read More

Mass Affluent Digital Bank Alpian Raises $18 Million

Alpian SA, a digital bank targeting the “mass affluent” has raised a Series B round of $18 million (CHF16.9 million). This latest funding round follows a Series A round in 2020 where Alpian raised CHF12.2 million. Alpian has been incubated by the Swiss banking group… Read More

Switzerland based Proptech Properti Launches 212 New Listings in March 2021, the Most Ever for the Platform in a Month

The team at Properti,  a technology-driven real estate firm focused on modernizing residential properties in Europe, reveals that it remains focused on expanding its operations. Properti’s management noted: “As of April 1, 2021, we have expanded our team in the areas of marketing, business development,… Read More

Digital Banking: Co-founder of Germany’s Penta Bank Launches Relio Virtual Banking Solution for Swiss SMEs

Co-founder of Germany-based virtual bank Penta has introduced an initiative, known as Relio, which aims to focus on serving Swiss small and medium-sized businesses (SMEs). Relio has been launched because digital banking platforms that exist today are not meeting the unique requirements of smaller businesses…. Read More

Property Tokenization Firm RealT Selects Swiss Fintech Mt Pelerin to Support Digital Securities

RealT, a US-based real estate investment platform, has chosen Bridge Protocol, the open-source asset tokenization technology by Switzerland-based Mt Pelerin to aid in its issuance of digital securities. RealT seeks to make access to property investments via tokenization. According to RealT, investors may participate in… Read More

MERJ Exchange Plans “First” Tokenized SPAC

Horizon Globex GmbH and MERJ Exchange Limited are partnering on what is said to be the first tokenized SPAC or special purpose acquisition company. The joint venture is described as revolutionizing SPACs. The SPAC  IPO is predicted to reach $100 million in value. The launch… Read More

Denied: Bitcoin Suisse AG Application for Bank License Refused by FINMA

Bitcoin Suisse AG has been denied by the Swiss Financial Market Supervisory Authority (FINMA) in its application for a banking license.  Bitcoin Suisse submitted an application for a Swiss banking license in July 2019. According to a statement by FINMA, the bank license application was… Read More

Switzerland’s Fintech Sector Continues to Grow but Certain Segments have been Stalling: Report

Although the Swiss Fintech sector continued to grow last year, a closer examination suggests that certain segments showed signs of stalling or becoming a bit stagnant. It’s one of the main findings of this year’s Fintech research study by the Lucerne University of Applied Sciences… Read More

Switzerland based Flovtec Technologies to Give Digital Asset Ecosystem “Full Control” Over Market Making Activities

Switzerland’s Flovtec Technologies AG, a technology firm focused on offering liquidity to digital token issuers and exchanges, stated that it will be giving the digital asset ecosystem greater (or full control) over market making activities. This move should provide a more seamless digital experience, transparent… Read More

Blockchain Startup FQX Appoints Experienced Corporate Finance Professional James Courtenay to its Board

Blockchain startup FQX will be expanding its board with an experienced corporate finance professional. The Zurich-headquartered Fintech firm will be appointing James Courtenay to its board. Courtenay previously served as head of international corporates at Standard Chartered’s investment bank. Based in Singapore, Courtenay has also… Read More

Fintech Veteran and Crypto Thought-Leader Diana Biggs Joins Switzerland’s Valour, which Helps Investors Acquire Digital Assets

Crypto pioneer and early Bitcoin thought-leader Diana Biggs has reportedly decided to join Switzerland-headquartered firm  which allows investors to easily acquire digital assets through their banking provider or brokerage firms.  Biggs will lead the company’s expansion, following the recent launch of Bitcoin Zero, Valour’s Bitcoin… Read More

AML/KYC Profider id4 Recognized as Most Innovative Fintech Solution

id4 has been recognized as the “Most Innovative Fintech Solution” at the WealthBriefing Swiss Awards 2021, according to a note from the company. id4 is a Swiss software company that is automating Anti Money Laundering (AML) and Know Your Customer (KYC) processes, a requirement in the… Read More

Switzerland’s Valuu, a Digital Mortgage Brokerage Platform Introduced by PostFinance, Reports Significant Increase in Transaction Volume

Switzerland-based Valuu, a fully digital mortgage brokerage platform introduced by PostFinance, has revealed that it managed to triple the total volume of mortgages brokered when compared to its first year offering these services. Valuu’s management stated that they’re planning to further expand their range of… Read More

130 Blockchain or DLT focused Fintech Startups are Now Operating in Switzerland: Report

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

Switzerland based Wealth Management Fintech WealthArc Acquires $4M in Capital to Expand Overseas Operations

Switzerland-based wealth management Fintech WealthArc is reportedly planning to strengthen and expand its overseas business after acquiring over $4 million in capital. WealthArc’s Cloud-enabled platform is being used by wealth management services to access investment data that is automatically gathered and curated by AI algorithms…. Read More

Switzerland based Sygnum Bank, a Licensed Digital Asset Bank, has Helped with Tokenizing Premium Investible Wines

Switzerland-based Sygnum Bank, a licensed digital asset bank founded on “Swiss and Singapore heritage” operating globally, and Fine Wine Capital, a privately-held specialist trading firm with a special focus on the fine wine market, have reportedly tokenized a range of premium investible wines. This initiative… Read More

Fintech Firm Crypto Finance AG’s Crypto Broker AG Awarded License by FINMA to Act as Securities House with Bilateral Trading Activity

Crypto Broker AG, which is the Crypto Finance Group‘s brokerage, has reportedly been issued a license to serve as a securities house along with a bilateral trading facility by the Swiss Financial Market Supervisory Authority (FINMA). After this license has gone into effect or become… Read More

New Open Banking API Solution has Now been Integrated by Swiss Cantonal Bank Berner Kantonalbank

The Berner Kantonalbank (BEKB) has reportedly integrated with an Open Banking API platform in order to connect partners and various third-party companies. The BEKB is able to easily and efficiently connect with other service providers through the new platform. For customers, this means that they’ll… Read More

Schroders Wealth Management to Use Banking Software from Temenos to Enhance its Financial Advisory Business

Temenos (SIX: TEMN), a banking software company, has revealed that Schroders Wealth Management in Switzerland has decided to use its solution in order to automate and improve its financial advisory business. Schroders Wealth Management will reportedly launch the Temenos Wealth Front Office which is described… Read More

Zürcher Kantonalbank has Reportedly become Latest Major Swiss Bank to Join SIX Group Open Banking Platform b.Link

Zürcher Kantonalbank has reportedly become just the third major Switzerland-based banking institution to join the Swiss Infrastructure and Exchange (SIX) Group AG Open Banking platform b.Link (after Credit Suisse and UBS). Zürcher Kantonalbank has now connected with b.Link participant KLARA, which is an accounting services… Read More

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