Category : Switzerland

InvestHK Officially Launches the Global Fast Track 2023 Fintech Accelerator

Invest Hong Kong (InvestHK) had announced today the official launch of its year-round fintech accelerator Global Fast Track 2023 (GFT). The accelerator is established through three pillars – the Global Scaleup Competition, the Business Matching Platf...

A Snapshot into Hungary’s New Digital Nomad Visa

Hungary launched a digital nomad visa in 2022, allowing foreign nationals to live in the country for up to a year while working for a company located abroad. The residence permit, called White Card, is designed for digital nomads, investors, and entr...

Banking-as-a-Service Momentum to Carry on this Year in Europe

Banking-as-a-service (BaaS) has been on the rise in Europe in recent years, driven by favorable new regulations, the region’s thriving fintech ecosystem, increased collaboration between banks and fintech companies, and changing customer expectations....

Global Finance, Tech M&A Activity Continues to Decline

Mergers and acquisitions (M&A) activity in the financial services and technology industries continued their decline in Q1 2023, carrying on a trend that began last year. Deal activity in these sectors is now reaching levels not seen since the sta...

Offline Payments Using CBDCs Promise Many Benefits But Design Should Be Considered Thoroughly

The ability to make offline payments with central bank digital currencies (CBDCs) has attracted increased interest among central banks for their potential to support public policy objectives including financial inclusion, universal access, payment sy...

SumUp Enables JCB Card Acceptance for Its European Merchants

SumUp, a London-based global payments service provider, has tied up with Japan-based card scheme JCB International to enable the acceptance of JCB Cards across its European merchant network. The enablement of JCB Card will allow SumUp’s merchants in...

QED Investors Raises Nearly US$1 Billion to Invest in Fintech Firms Globally

QED Investors, a global venture capital firm investing exclusively in fintech companies, announced the close of two new funds totaling US$925 million. With the close of these two new funds, QED will have more than US$4.0 billion under management. The...

Here Are the 13 Winners of the 2023 Global Zurich Innovation Championship

Zurich Insurance Group has announced 13 winners for the latest edition of its global Zurich Innovation Championship 2023. The categories from which the winners were chosen are; commercial insurance, customer experience, digital enablement, distributi...

Swiss Startup Competition >>venture>> Gears Towards Final Award Ceremony This June

Switzerland’s startup competition >>venture>> has announced the unranked winners’ line-up for this year which included three startups from the finance and insurance vertical. The next step for these unranked winners is to make their pitch...

EU Adopts New Crypto Asset Regulation

The European Union (EU) has taken a significant step in regulating the crypto-assets sector with the Council’s adoption of the Regulation on Markets in Crypto-Assets (MiCA). This milestone marks the establishment of an EU-level legal framework for t...

Chris Skinner Joins Shareholders and Advisory Board of WebAccountPlus

WebAccountPlus, a Pfäffikon based digital corporate advisor announced the addition of Chris Skinner to its advisory board and as a shareholder of the company. Recognized as one of the most influential figures in fintech, banking and technology, Skinn...

Kanton Zug Increases Maximum Tax Payment Amount With Cryptos to CHF 1.5 Million

The Canton of Zug is increasing the transaction limit for tax payments with the cryptocurrencies Bitcoin and Ether from CHF 100,000 to CHF 1.5 million with immediate effect. This measure will facilitate access to digital means of payment and meet the...

The Top 50 Crypto VC’s in 2023

The USA is dominant in the cryptocurrency venture capital (VC) game, representing more than 71% of the total amount of capital under management from the top 50 crypto-focused VC funds, a new report by Coinstack Partners,...

wefox Secures $110M Funding, $55M Credit Facility From J.P. Morgan and Barclays

wefox, the Switzerland and Berlin-based insurtech, has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint. T...

Österreichisches Tech News Portal Brutkasten wird von VGN Medien übernommen

Die Brutkasten Gruppe, Österreichs Medienhaus für Startups, Innovation und die digitale Wirtschaft, gibt bekannt, dass der österreichische Magazinverlag, die VGN Medien Holding (u.A. Trend, Woman, tv-media), als strategischer Investor eingestiegen is...