Posts From Fintechnews Switzerland

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,

Read More

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,

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

Finax Launches the First Pan-European Pension Product for Digital Nomads

Bratislava-based wealthtech Finax has become the first company to receive a license to offer a pan-European Personal Pension Product (PEPP) to clients in Slovakia. The PEPP is a portable, voluntary personal pension scheme regulated by the European Insurance and Occupational

Read More

University of Zurich and ETH Zurich Among World’s Best Universities for Blockchain Education

The University of Zurich and ETH Zurich ranked third and 27th respectively on CoinDesk’s latest annual best universities for blockchain rankings. The rankings were made from a shortlist of 240 institutions around the world, calculated based on their scholarly, industrial

Read More