Posts From Fintechnews Switzerland

Swiss Marketplace Lending Volume Surged 42.5% to CHF 15.4 Billion in 2020

In 2020, the total volume of new debt capital brokered through online platform in Switzerland grew 42.5% to CHF 15.4 billion. This represents a 183% increase from 2017 during which total volume of marketplace lending in Switzerland totaled CHF 5.4

Read More

Top 12 Global Neobanking Influencers in 2021

From retail and telecommunications to construction and transport, numerous sectors are currently experiencing disruption and digital transformation. This trend has been further accelerated by the global pandemic that forced people to adopt digital services in all spheres of life. In

Read More

Report: 53% of Global Population Set To Embrace Digital Banking By 2026

With the pandemic accelerating digital adoption across the globe, the popularity of digital banking has soared through the roof. Around 35% of customers adopted online banking, with 30% specifically increasing their use of mobile banking, since COVID-19 struck last year. According

Read More

UK Fintech Soldo Raises US$180 Million in Series C Funding Round Led by Temasek

Soldo, a London-based business expense automation platform, announced that it has closed a US$180 million oversubscribed Series C funding round. The fundraise was led by Temasek, a leading global investor headquartered in Singapore. The round includes new investors Sunley House

Read More

Remote Becomes Unicorn With $150 Million Series B Funding

When the global pandemic struck last year, millions of people transitioned from working in physical offices to working from home, within the span of a few weeks. Physical meetings turned to video calls and break-time interactions moved to online messaging

Read More

Nassim Taleb Now Calls Bitcoin Worthless, Too Volatile to be a Useful Currency or Store of Value

Not only does bitcoin fail to satisfy the notion of being a currency without a government, but the cryptocurrency is also not a reliable inflation hedge nor a safe haven investment, Nassim Nicholas Taleb, a probability researcher and former quantitative

Read More

Singaporean Insurtech bolttech Plots Europe Expansion With Acquisition of i-surance AG

Singaporean insurtech firm bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Switzerland. The acquisition of i-surance extends bolttech’s global footprint from 14 to 26 markets across North America, Asia, and Europe, adding 12 new

Read More

Visa To Acquire UK Payments Startup Currencycloud

Visa has signed a definitive agreement to acquire London-based payments startup Currencycloud, Visa announced today. The acquisition builds on an existing strategic partnership between the two companies. Visa had led an $80 million investment round for Currencycloud at the beginning

Read More

Fintech Takes Lion’s Share in Q2 2021 Swiss VC Funding

Out of the CHF 1.4 billion raised by Swiss startups in Q2 2021, CHF 677 million, or nearly half of that sum, went towards fintech companies, according to a new report by Startup.ch, Switzerland’s largest startup directory and a leading

Read More

Revolut Forays Into the Travel Sector in a Bid to Become a Superapp

London-headquartered fintech giant Revolut is betting on the rebound of the travel sector. The company launched a new feature called Stays, that allows users to book hotels and other accommodation through the app. With its premium plans, Revolut’s Stays will

Read More