Category : News

Revolut, Wise and Neon Are the Cheapest Neobanks in Switzerland

Online comparison service moneyland.ch conducted a study to compare the cost of using banking, card and foreign exchange services provided by seven leading neobanks in Switzerland — CSX, Neon, Revolut, Wise, Yapeal, Yuh, and Zak. The study found Brit...

Relai Partners Checkout.com to Enable Instant Bitcoin Purchases

Swiss Bitcoin investment app Relai has partnered with global payments provider Checkout.com to enable its users to buy the cryptocurrency via Visa, Mastercard and Apple Pay in real time through its self-custodial wallet. The partnership with Checkout...

vestr Raises CHF 10M in a Round Led by Raiffeisen Bank’s Elevator Ventures

Swiss investment management technology company vestr has raised CHF 10 million in a funding round led by Elevator Ventures, the venture capital arm of Vienna-based Raiffeisen Bank International (RBI). The round was said to include high profile family...

Microsoft Switzerland Appoints Christian Thier as New Financial Services Industry Lead

Microsoft Switzerland has appointed Christian Thier as its new Financial Services Industry (FSI) Lead, reporting directly to the country general manager and serving as part of Microsoft’s Swiss leadership team. Christian Thier has been leading Micros...

Ist das der beste Hypotheken-Vergleich, den es je gab?

Die neuen Features von Valuu machen das Vergleichen und Optimieren Ihrer Hypothek noch transparenter und schneller. Sie sehen mehr Details, vergleichen Angebote einfacher und wählen bequemer Ihre beste Hypothek. Damit setzt unsere Vergleichs- und Abs...

TripActions Raises US$150M at US$9.2B Valuation as Business Travel Recovers

Travel expense management platform TripActions has raised a US$300 million Series G at a US$9.2 billion post-money valuation. The raise is a combination of US$154 million in equity and a US$150 million structured capital transaction led by Coatue. Th...

Mastercard, Paxos Launch Crypto Trading Solutions for Financial Institutions

Mastercard has launched Crypto Source, a new programme to provide the payment giant’s financial institution partners access to a suite of buy, hold and sell services for select crypto assets. Additionally, Mastercard is also expanding its partnership...

SEBA Bank Is Now an ETP Issuer on the BX Swiss

Swiss stock exchange BX Swiss announced that crypto bank SEBA Bank is now issuing exchange-traded products (ETPs) on its platform with a tracker certificate on the SEBA Metaverse Index for trading. SEBA Bank’s ETP, which trades under the ticker SMETA...

BNPL Startup HeidiPay Gets Funding From Mediobanca’s Credit Arm Compass

Swiss BNPL startup HeidiPay has closed a new funding round led by Italian banking group Mediobanca’s consumer credit arm Compass. The amount, which comprised equity and debt financing, was not disclosed. The funding builds on the companies’ existing...

Apple Card Partners With Goldman Sachs to Offer Savings Account Feature

Apple has partnered with Goldman Sachs to provide Apple Card users with a savings account where they will be able to automatically deposit their Daily Cash cashback rewards. Apple Card users will be able to set up, manage and monitor their savings ac...

BNP Paribas to Acquire Currency Risk Management Company Kantox

French banking group BNP Paribas announced plans to acquire UK currency risk management company Kantox, building on the companies’ existing partnership which started in 2019. Kantox’s software solution helps companies automate their entire foreign ex...

Marketplace Lending Volume in Switzerland Rose 20% in 2021

After timid growth in 2020, marketplace lending in Switzerland witnessed a strong upturn last year, with total volume rising 20% between 2020 and 2021. That uptick was driven mostly by improved crowdlending loan volumes, notably in real estate and sm...

LPB Bank: The Fintech Industry in Latvia Has Great Potential but Requires Decisive Action

The Fintech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent forum held by the Financial and Capital Markets Commission (FCMC) and the Investment and Development Agency of Latvia (LIAA), with LPB Ba...

SDX Web3 Goes Live With Its Institutional Custody Service for Crypto Assets

SDX Web3, the newly launched business unit from SIX Digital Exchange, is now live with its institutional custody service for crypto assets. The SDX Web3 Custody service includes key storage, transfer execution and monitoring with banking-grade compli...

Crypto.com to Invest €150 Million to Establish Paris as Its European Headquarters

Crypto.com announced plans to invest €150 million in France to support the establishment of its market operations and regional headquarters in Paris. The announcement comes shortly after the cryptocurrency platform was cleared to operate in France as...