Category : Switzerland

8 Fast-Growing Supply Chain Fintech Companies from Europe

Cutting edge technologies including artificial intelligence (AI), analytics and distributed ledger technology (DLT) are changing the way companies and their suppliers do business. These technologies are revolutionizing the supply chain industry by in...

Accounto’s Board of Directors Are Expanding

The team at Accounto, the Switzerland based fiduciary software specialist, is gaining an experienced industry expert. Thomas Koller, former long-standing Chairman of the Board of Directors of OBT AG and General Manager of the Fiduciary & Business...

G+D Doubles Its Stake in Netcetera to 60%

Munich-based security technology group Giesecke+Devrient (G+D) is further expanding its stake in Swiss digital payments company Netcetera from 30 to 60 percent. Netcetera will still remain as an independent company following the share transfer that i...

Dataiku Now Valued at US$3.7 Billion With US$200 Million Fundraise

Dataiku, an AI and analytics platform, announced that it has raised US$200 million in Series F funding round led by new investor Wellington Management. This brings Dataiku’s total funds raised since its inception to approximately US$600 million with...

IFZ Insurtech Study: European Insurtech Industry Increased 20% This Year

Over the past year, Europe’s insurtech industry has seen the addition of more than 100 companies, bringing the total number of insurtech firms in the continent to 598, a new report by the Swiss Institute of Financial Services Zug IFZ shows. The figur...

Thoma Bravo Inks Deal to Acquire Coupa for US$8 Billion

Software investment firm Thoma Bravo announced that it will be acquiring Coupa Software, a specialist in in business spend management, for US$8.0 billion in an all-cash transaction. The transaction, which was approved unanimously by the Coupa Board o...

Europe’s Healthtech Industry Enters New Phase of Growth

Europe is home to a young and dynamic healthtech industry, which, despite the global venture capital (VC) investment contraction, has managed to continue to grow, innovate and secure funding. In the year to come, the sector is expected to see acceler...

Bx Swiss: Test Trades in Swiss Francs via a Decentralized Public-Blockchain.

Together with major Swiss banks, the Swiss stock exchange BX Swiss is taking the financial market infrastructure for tokenized securities to the next level. In a test, trades on BX Swiss were settled for the first time directly in Swiss francs via a...

OnlyFans Puts Focus on Payments Business

OnlyFans, the booming subscription social platform, has built up a considerable payments business and is now looking to add new features and capabilities to create added value for content creators, a new report by publishing platform Workweek says. O...

Bundesrat verabschiedet Bericht zur Akzeptanz von Bargeld in der Schweiz

Der Bundesrat hat anlässlich seiner Sitzung vom 9. Dezember den Bericht «Die Akzeptanz von Bargeld in der Schweiz» verabschiedet, der in Erfüllung des Postulates 18.4399 von Nationalrätin Prisca Birrer-Heimo verfasst wurde. Bargeld erfüllt wichtige F...

London Challenger Bank Allica Bank Raises £100M Series C Funding

Allica Bank, a fintech SME challenger bank in London, has announced a £100 million Series C funding round led by global growth technology investor, TCV, with participation from existing investors Warwick Capital Partners and Atalaya Capital Managemen...

Cloud Infrastructure Deal: LSEG and Microsoft Launch 10-Year Strategic Partnership

London Stock Exchange Group (LSEG) and Microsoft have entered into a new long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud, and to jointly develop new products and services for data and analytics. The p...

UK Fintech 9fin Raises $23 Million Series A+ to Accelerate Growth Plans in North America

9fin, an analytics platform for debt capital markets, today announced a $23 million Series A+ led by new investor Spark Capital with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. Spa...

TripActions Secures $400M in Credit Facilities From Goldman Sachs and Silicon Valley Bank

TripActions, the all-in-one travel, corporate card, and expense management solution, today announced that it secured $400M in credit facilities, consisting of a warehouse debt facility from Goldman Sachs Bank USA, as the senior lender and administrat...

Syz Crypto: Bank Syz Selected Taurus for Its New Digital Asset Offering

Bank Syz has collaborated with Taurus to launch its new digital asset offer Syz Crypto. It will cover the safekeeping and trading of digital assets to the Bank’s private, professional and institutional clients. Concretely, the Bank has integrated Tau...