Raiffeisen Switzerland Issues CHF 165 Million Bail-in Bond on Valyo’s Platform
Raiffeisen Switzerland, a cooperative of cooperatives the union of all independent Swiss Raiffeisen banks, has issued a CHF 165 million bail-in bond on Valyo’s capital market platform. This is reportedly the first bail-in bond has been issued digitally in Switzerland. This
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Switzerland’s Startup Competition Venture Has Ended on a High Note This Year
Switzerland’s startup competition >>venture>> has come to a close with the announcement of this year’s winners. Established in 1997, >>venture>> ranks and celebrates the top 3 winners in the five categories including that of the “Finance & Insurance” category. A
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Money20/20 Europe 2021: Line-up, Key Topics and More
Money20/20 Europe, one of the biggest annual fintech events in the region, is coming back from September 21 to 23, 2021, in the Netherlands, and will bring together some of the fintech industry’s brightest minds to explore where the future
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Valuu steht jetzt auch Hypothekar- und Finanzberater:innen offen
Seit Juli 2021 können nebst Privatkunden auch professionelle Vermittler die Hypothekenplattform Valuu nutzen. Das Angebot mit dem Namen «Valuu Pro» wartet bereits mit einem ersten Update auf und macht so die Beratung noch effizienter. Valuu Pro richtet sich an Hypothekar-
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Payroll Platform Papaya Global Raises US$250 Million at US$3.7 Billion Valuation
Papaya Global, a New York-based workforce management platform transforming global employment, announced that it has raised US$250 million in Series D funding, bringing the company’s valuation to US$3.7 billion. Papaya’s valuation has increased tenfold since September 2020 with a total
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Avaloq Appoints Georges Roten to Lead Swiss and Liechtenstein Operations
Swiss core banking solution provider Avaloq announced that it has appointed Georges Roten as its new regional head for Switzerland and Liechtenstein. Roten joined Avaloq in June 2021 to ensure a smooth handover from Mathias Schütz who is leaving the
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Swiss Consumers Show Interest in Open Banking-Enabled Services Despite Low Awareness
In Switzerland, although just a few consumers know what open banking is, consumers are showing strong interest in the use cases and opportunities the trend brings, signaling that future growth and adoption of open banking will be driven by consumer
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Banks Remain Costliest Remittance Providers
Although wire transfers might be the quickest and most convenient way to send money, it is also exorbitantly pricey, especially when it involves international transfers. In fact, the World Bank’s Q1 2021 Remittance Prices World Quarterly report found that banks
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Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs
Nuula, a Canadian mobile application that gives small business owners instant access to critical business metrics, announced that it has raised US$120 million. The total funds secured are US$20 million in equity funding led by Edison Partners that will accelerate
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US Crypto Custody Firm Fireblocks Sets up Swiss Office for DACH Expansion Plans
Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, announced that it will be opening of a new office headquartered in Switzerland. The firm said that it will be dedicating significant resources toward expanding its
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