PayPal’s Venmo Introduces Crypto Buying and Selling Within Its App

Venmo, a mobile payment service owned by PayPal, announced that it now allows more than 70 million of its customers to buy, hold and sell cryptocurrency directly within the app. The offering will be available for all customers within the

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Mastercard to Acquire Identity Verification Company Ekata for US$850 Million

Mastercard announced that it has acquired identity verification company Ekata for US$850 million as digital identity is a foundational part of Mastercard’s multi-layered approach to security. In 2019, the company introduced a new framework on how digital interactions should evolve,

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Deutsche Telekom kauft DeFi Blockchain Startup

Die Deutsche Telekom investiert in die Zukunft der dezentralen Finanzwirtschaft (DeFi) und kauft Celo Token (CELO). Celo ist ein weltweites Blockchain-Netzwerk. Es bietet Finanzdienste für jeden per Smartphone an. Als erstes Telekommunikation-Unternehmen tritt die Telekom der globalen Celo Allianz  für

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Swiss Influencer Marketing Report 2020 – Top 7 Insights

Die vorliegende Studie der Universität Luzern ist die erste in der Schweiz durchgeführte Studie, die sowohl die relevante Zielgruppe von Influencer Marketing (Millennials im Alter von 13–30 Jahren) als auch Schweizer Influ encer/innen und Schweizer Marketingverantwortliche als Vertreter ihrer Unternehmen

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True Wealth’s Assets Under Management Now Exceeds Half a Billion Swiss Francs

Swiss online wealth management platform True Wealth reported that its number of customers has increased by 1,500 (more than 25%) in the first quarter of 2021, while its assets under management rose by 103 million Swiss francs (more than 27%).

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Societe Generale Issues Structured Products as Security Token on Public Blockchain

Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network. The securities were fully subscribed by Societe Generale Assurances. The move was in line with the development of

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Is a SPAC Approach Relevant For Swiss Companies? (Part 2)

Following my initial article on SPACs, I was surprised to see how many people and Swiss companies that had been averse to the idea of going public for a long time had, all of a sudden, developed a keen interest

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Finnova Announces Major Revamp Of Its Board Of Directors

Swiss-based banking solutions provider Finnova has announced several major changes in its board of directors. Walter Knabenhans and Hanspeter Rhyner are both stepping down as members of the Board of Directors while Heinrich Leuthard and Pascal Niquille are replacing them

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AXA Switzerland Accepts Bitcoin for Insurance Payments

AXA Switzerland announced that it will now allow its customers to pay their bills with bitcoin from April onwards, being the first insurer to offer this solution. Private customers can currently pay their premiums for all non-life products. However, this

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6 Fintechs Make Top 20 US Valuation Leaderboard; Worth a Combined US$145B

The past two years have seen the valuations of the US’s most valuable venture (VC)-backed fintech companies soar. As of March 19, 2021, six fintechs were amongst the country’s top 20 most valuable VC-backed companies, and worth a combined US$145.1

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