UBS Next Fund with 3th Fintech Startup Investment
UBS Next launched in October 2020 to identify new venture opportunities within the start-up ecosystem. For this, they did a strategic collaboration with Anthemis, a global venture capital fund with expertise in fintech investing. In April 2021 they participated in
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French Payroll Solution Specialist Payfit Raises €254M
PayFit, payroll and HR management solution for SMEs, announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup. General Atlantic, a leading global growth equity firm, led the
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Swiss Crypto Industry Unfazed by New Year Bitcoin Crash
The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. The industry is well used to volatility in the price of cryptocurrencies and is ploughing on
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Embedded Payments to Generate EUR 277B of Revenue in Europe Over Next 5 Years
In Europe, companies of all sizes and from all sectors are waking up to the embedded finance opportunity with most planning to the join the movement by integrating seamless payment capabilities, a new study by paytech and banking-as-a-service (BaaS) specialist
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New Bitcoin Suisse CEO Announced
Bitcoin Suisse announced that Dr. Dirk Klee, currently CEO Wealth Management & Investments of Barclays UK, will take over as Chief Executive Officer of Bitcoin Suisse as of April 1, 2022. Dr. Arthur Vayloyan will step down from his current
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Biometric Startup iProov Announces $70M Investment
iProov, a leader in online biometric face authentication announced a $70 million (USD) growth investment from Sumeru Equity Partners. Headquartered in Silicon Valley, Sumeru invests in technology firms with the potential to change the world, with a particular emphasis on
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New Study Reveals Low Digital Banking Adoption Level Amongst Swiss SMEs
Despite Switzerland being a global banking hub, a study commissioned by fintech firm Crealogix found low adoption of digital functionalities and low satisfaction ratings of digital banking amongst Swiss small and medium-sized enterprises (SMEs). The survey, which polled SMEs in
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Acronis Appoints New Chief Marketing Officer
Acronis, a global leader in cyber protection, announced the appointment of Michael Callahan as its new Chief Marketing Officer. Callahan joins the team with extensive sales and marketing experience, serving in senior leadership roles at companies such as McAfee, HP,
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Digital Ecosystem for EAMs: Banque Heritage Joins Wecan Comply
Banque Heritage joins Wecan Comply’s blockchain based compliance platform and aims to create a digital ecosystem for its EAMs. Banque Heritage has joined Swiss fintech Wecan Comply’s compliance platform that is predicted to revolutionize the compliance procedures in Swiss banking.
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MoneyGram Announces Minority Investment into Coinme
MoneyGram International announced that they have completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round
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