Worldline Selected as Global Payments Provider to the Lufthansa Group
French payments company Worldline has been selected as a payments provider to the Lufthansa Group, the aviation group which operates Germany’s flag carrier. The partnership will give the Lufthansa Group the possibility to onboard a selection of Worldline solutions, from
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French Social Trading App Shares Backed by Serena and Venus Williams
Paris-based social trading app Shares has brought on tennis legends Venus and Serena Williams as investors and its first ambassadors. The news follows the company’s US$40 million Series B round in July led by Peter Thiel’s Valar Ventures. Shares combines
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Railsr Raises US$46M Series C to Grow Its Embedded Finance Platform
London-based embedded finance platform Railsr, formerly known as Railsbank, has closed a US$46 million Series C led by Anthos Capital. The round comprised US$26 million equity, as well as US$20 million debt from Mars Capital. Existing investors Ventura, Outrun Ventures,
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The Top 33 Fintech Startups in Europe on LinkedIn in 2022
33 fintech companies made LinkedIn’s second annual top startups list, a ranking of companies from 13 European countries that it says is gaining attention. The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement,
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SWIFT and Capgemini Successfully Interlink CBDCs for Cross-Border Payments
SWIFT and Capgemini have achieved CBDC-to-CBDC transactions between different distributed ledger technology networks based on Quorum and Corda technologies, as well as fiat-to-CBDC flows between these networks and a real-time gross settlement system. The experiment showed that the blockchain networks
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Sygnum Partners With T&B Media to Raise US$300M to Fund Its Metaverse Platform
Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore capital markets services licence, is partnering Thai media group T&B Media Global to raise over US$300 million to fund its new interconnected metaverse platform. The raise uses
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Luxury Goods Retailer Bucherer Acquires Digital Authentication Startup Adresta
Swiss digital authentication startup Adresta has been acquired by Bucherer Group, one of the world’s largest luxury watch and jewellery retailers, effective 30 September 2022. A spin-off from Helvetia Insurance, Adresta develops blockchain-based digital certificates for luxury goods. Users can
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Swiss Professionals Show Reticence to Share Data Despite Seeing Opportunities in Open Banking
In Switzerland, the finance and banking industry believes open banking offers considerable opportunities across all major use cases. But despite the realization that the sector is moving towards greater openness and connectivity, there is a clear discrepancy regarding the practical
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SIX Digital Exchange Links to SIX SIS to Boost Digital CHF Bond Accessibility
SIX Digital Exchange (SDX) announced the addition of SIX SIS to its Central Securities Depository (CSD), making it the first regulated CSD to have direct access to SDX. The addition is expected to increase the accessibility of natively digital CHF-denominated
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Swissquote Dives Into Cryptocurrency Trading With the Launch of SQX
Online trading platform Swissquote has launched a cryptocurrency exchange called SQX that aims to provide a more competitive and secure trading environment. Unlike other crypto exchanges, SQX says that it prides itself on being a centralised trading platform as it
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