Category : Switzerland

Swiss Romandy Sees Thriving Fintech Ecosystem Centered Around Geneva and Lausanne

Romandy, the French-speaking part of western Switzerland, is home to a burgeoning fintech community with several homegrown startups including NetGuardians and InvestGlass, rapidly emerging as regional leaders. Geneva’s fintech ecosystem Romandy combi...

A Short Overview of Open Banking in Switzerland

Europe might reasonably claim to be the cradle of open banking, with regulations such as PSD2 across the European Union (EU) as well as the UK’s Open Banking Standard certainly pioneering the concept. “This article was written to be part of the...

A Short 2020 Overview of Open Banking in Switzerland

German Ministry of Finance Calls for Blockchain-Based, Digital, Programmable Euro

At a time when China is trialing its own central bank digital currency (CBDC), European leaders must urgently come together and work collectively on the development of a digital, programmable euro, the Fintech Council of the German Federal Ministry o...

Swiss Fintech Funding Down Amid COVID-19

In the first half of 2020, fintech investment represented 10.4% of all funding going towards Swiss startups. As a comparison, fintech accounted for 15.7% of all invested capital in 2019, showcasing a notable shift in investment trends with investors...

Regtech Platform Kompany Receives €6 Million Investment

Kompany, a F10 Alumni and Austria based Regtech platform for Business KYC (KYB), announced a new investment of almost €6 million, the company’s largest single investment round to date. Last July the company already announced funding and strategic inv...

Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks to offer digital checking and savings accounts to Google Pay users which will be available in 2021. The 8 banks in question a...

Cloud Computing as the Foundation for Platform Banking

Cloud computing doesn’t just allow banks and financial institutions to benefit from improved agility and costs savings, it also enables them to move closer to platformification, a model set to govern the banking landscape of the future, Tom Eck, glob...

The Swiss Fintech Startup Map Welcomes 4 Newcomers in August

The Swisscom Fintech Startup Map has been updated and released on August 2020 in time for the Swiss National Day. Four new Swiss Fintech Startups namely e-Potek SA, Yeldo SA, 21 Analytics and drion.ai AG have made their way onto the list of analytics...

eKYC Landscape in Switzerland

Switzerland has one of the most regulatory heavy ecosystems in the world. Every year, more advanced regulations and compliance are put in place, making it more expensive for financial institutions to meet requirements. Consumers, accustomed to seamle...

UK Challenger Monzo Ranks Top in Social Media Mentions Amongst Neobanks

Between December 2019 and June 2020, UK digital challenger Monzo dominated the neobanking conversation across all media ahead of other regional leaders including Revolut and N26, according to a new research by Ten Bear Group and Rila Global Consultin...

UBS wird Hauptpartnerin der Digitalen Swiss Fintech Fair

Am 07. und 08. September findet auch in diesem Jahr wieder die grösste Fintech-Messe der Schweiz statt, die Swiss Fintech Fair. Die Veranstalter des Fintech-Verbands Swiss Finance Startups konnten UBS als Hauptpartnerin für das Event gewinnen. Bereit...

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Remitly, a mobile-first provider of remittances and financial services for immigrants announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The...

Mastercard Collaborates With Microsoft to Accelerate Digital Commerce Startup Innovation

Mastercard and Microsoft announced a collaboration to drive innovation of digital commerce and startup ecosystems enabling financial inclusion. The collaboration will accelerate Mastercard Labs’ cloud native research and development activities, enabl...

Wealth Managers Name Greenfield Digital Banking as Top Innovation Strategy

Greenfield business builds continue to be a top innovation strategy for the banking and wealth management industry, according to a new study by the Economist Intelligence Unit (EIU) and Temenos. In a report titled Forging new frontiers: Advanced tech...