The Brink’s Company and NCR Atleos have announced a definitive agreement for Brink’s to acquire NCR Atleos in a cash and stock transaction valued at approximately US$6.6 billion. The deal includes 13.3 million shares of Brink’s common stock, US$2.2 billion in cash, and the assumption of around US$2.6 billion of NCR Atleos’ debt. The acquisition combines Brink’s global cash management and route-based infrastructure with NCR Atleos’ ATM management expertise and its owned-and-operated ATM network, including its fast-growing ATM as a Service (ATMaaS) solutions. The two companies aim to offer a broader range of services to financial institutions and retail customers…
Author: Fintechnews Switzerland
UK’s Financial Conduct Authority (FCA) has selected four companies to test their stablecoin services under proposed regulation within a controlled environment. This forms part of the FCA’s commitment to supporting growth and innovation in UK financial services. From 20 applications, the chosen firms are Monee Financial Technologies, ReStabilise, Revolut, and VVTX. The Regulatory Sandbox programme allows firms to trial stablecoin products in real-world conditions with appropriate safeguards. It will enable the FCA to assess its proposed policy in practice and ensure future rules are clear, effective, and support responsible innovation. Testing will primarily focus on stablecoin issuance. The selected firms’…
Aarau-based startup findependent has become the first pure ETF asset manager to receive approval from the Swiss Financial Market Supervisory Authority (FINMA) as a custodian bank. Clients will now be able to hold accounts and securities portfolios directly with findependent. This change allows for faster processing of transactions in the app. It also gives clients access to an expanded range of services. The company plans to launch Pillar 3a investment solutions in the second half of the year. Since its launch in February 2021, findependent has grown to serve more than 25,000 investors. The company has shown that digital asset…
London-based Allica Bank has raised US$155 million in a Series D funding round led by Ventura Capital, with participation from GLG, Sona AM, and existing investors TCV and Blue Owl. Most investors contributed common equity, with a portion coming from additional Tier 1 capital, valuing Allica at close to US$1.2 billion. Allica focuses on providing banking and lending services to established SMBs, typically those with 5 to 250 employees, using its proprietary technology platform. The new capital will support continued lending growth, further development of Allica’s technology stack, including the use of AI in lending, and its planned expansion beyond…
Basis, an AI agent platform for accountants, has raised US$100 million in Series B funding at a US$1.15 billion valuation. The round was led by Accel and GV, with participation from Khosla Ventures and other existing investors. Additional backers include NFDG, Better Tomorrow Ventures, BoxGroup and Avid Ventures, alongside individual investors from the technology and finance sectors. Accel partner Miles Clements will join Khosla Ventures’ Keith Rabois on the board. Basis said it is currently working with around 30% of the top 25 accounting firms, deploying AI agents that automate end-to-end workflows across client accounting services, tax and audit. The…
Copla, a Lithuania-based provider of operational compliance solutions for regulated organisations, has raised €6 million in a Series A funding round. The round was led by Iron Wolf Capital, with participation from Operator Stack and existing investors including Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, and Loggerhead Partners. Founded in 2023, Copla supports over 100 regulated European customers and has reached seven-figure annual recurring revenue. The company develops a platform focused on Information and Communication Technology (ICT) compliance, translating frameworks such as the Digital Operational Resilience Act (DORA), the EU Artificial Intelligence Act, and the Cyber Resilience Act into actionable…
MSCI is now offering clients AI connectivity to access its proprietary data for analysis, performance measurement, and querying within existing workflows. Clients can use MSCI’s insights via the cloud-based MSCI ONE platform or through AI providers, including the MSCI app in OpenAI’s ChatGPT and the MSCI connector in Claude. The first tool on this framework is MSCI IndexAI Insights, a conversational AI interface that allows clients to interact with MSCI index data. Users can ask questions in plain language about index performance, exposures, constituents, and methodologies, receiving answers grounded in MSCI’s data. “Today’s announcement marks a key step in our…
Experian has acquired AtData, a data and intelligence firm specialising in real-time email verification and insights. The acquisition adds more than 10 billion email addresses globally to Experian’s data and identity assets. AtData’s real-time email signals will integrate with Experian’s consumer data, analytics and decisioning platforms to support identity verification, authentication and customer engagement across digital channels. “Differentiated data and real-time identity signals are increasingly important in the age of AI,” said Jeff Softley, CEO of Experian North America. He said the acquisition supports Experian’s efforts to develop a comprehensive, privacy-focused identity infrastructure and strengthen its AI capabilities. Founded more…
Broadridge has appointed Frank Troise as President, Global Capital Markets, effective immediately. He will report to Tom Carey, President, Global Technology & Operations, and join Broadridge’s Executive Leadership Team. Troise, who joined Broadridge in 2024 as Head of Trading and Connectivity Solutions, has strengthened the company’s platform capabilities and expanded its front-office offerings in execution management, algorithmic trading, and analytics. Before joining Broadridge, Troise was CEO and Board Member of Pico Quantitative Trading, and previously CEO, President, and Board Member of Investment Technology Group (ITG). He also led J.P. Morgan’s global Execution Services business. “Capital markets are converging around integrated…
Crypto.com announced that it has received conditional approval from the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, a move that could allow the digital assets firm to operate as a federally regulated custodian. According to Reuters, the approval comes amid a more crypto-friendly regulatory environment in the US, with authorities easing previous restrictions and enforcement actions under the Trump administration. The charter would enable Crypto.com to manage and hold client assets and handle trade settlements within a federally regulated framework, though it would not allow cash deposits or loan services. The company…
Finland-based quantum computing startup IQM has announced plans to become one of Europe’s first publicly listed companies in the sector. The company will merge with special purpose acquisition company (SPAC) Real Asset Acquisition Corp as part of a New York listing, giving IQM an initial equity valuation of US$1.8 billion, CNBC reported. The deal is subject to shareholder approval and regulatory conditions, with completion expected around June, followed by the listing. IQM is also considering a dual listing on the Helsinki stock exchange. Founded in 2018, IQM raised US$320 million in a Series B round in September, valuing the company…
Capgemini has announced a strategic partnership with OpenAI to support enterprises in deploying AI at scale using Frontier, OpenAI’s platform for building and managing AI agents across organisations. As a founding member of the OpenAI Frontier Alliance, Capgemini will focus on addressing non-technical barriers to enterprise AI adoption, including data readiness, operating models, governance, and systems integration. The partnership aims to help organisations move beyond experimentation towards consistent, enterprise-wide deployment of AI systems. Capgemini will combine its industry and process expertise with OpenAI’s research and product capabilities, including enterprise AI cloud services, agents, APIs, and ChatGPT Enterprise. The companies said…
Quantum technology is entering what some experts call a “second quantum revolution”, a phase marked by fundamental changes and the emergence of real devices built on the laws of quantum mechanics, according to Klaus Ensslin, a longtime physics professor at ETH Zurich and a major figure in Swiss quantum research. In an interview for the university’s blog commemorating the 100th anniversary of quantum mechanics, Ensslin discussed the development of quantum technology, why progress is accelerating now, and what it might mean for society in the near future. He predicts that within a decade, quantum technology will be commonplace. “I think…
Liberty Vorsorge, based in Schwyz, has acquired 100% of Kaspar&, a St Gallen-based fintech specialising in digital investment solutions. The acquisition is intended to strengthen Liberty’s technology and digitalisation capabilities and further develop its existing ecosystem. Kaspar& will continue to operate as an independent company within the Liberty Group. Founded in 2020, Kaspar& initially launched its own investment app in cooperation with Hypothekarbank Lenzburg, offering account, card, investment and pillar 3a solutions under its own brand. In 2024, the company shifted its strategic focus to the B2B segment and has since provided its technology to banks as a white-label solution.…
Jump, a provider of AI solutions for financial advisors and other financial services providers, has closed a US$80 million Series B funding round led by Insight Partners. New investors include F-Prime, Allianz Life Ventures, TIAA Ventures and Peterson Partners, alongside existing investors Battery Ventures, Sorenson Capital, Pelion Venture Partners, Citi Ventures, and angel investors Hans Tung, Ryan Anderson and Aaron Skonnard. The funding brings Jump’s total capital raised to US$105 million, following a US$20 million Series A last year. Founded by repeat fintech entrepreneurs, Jump has grown rapidly, serving 27,000 advisors in under two years and adding over 2,000 new…
Artificial intelligence (AI) is gaining traction across the business-to-business (B2B) community. In 2026, the sector is expected to experience deeper integration of AI across operations, in addition to heightened attention to governance, human expertise, and the strategic use of AI agents, according to a prediction guide by market research firm Forrester. The guide, released in late-2025, outlines the trends that will shape the operating environment for B2B marketers, salespeople, and product leaders in 2026. It highlights both the expanding role of AI in payment workflows and pricing negotiations, but also the emerging risks that accompany rapid adoption. GenAI incident losses…
Franklin Templeton and Binance have launched an institutional off-exchange collateral programme. Eligible clients can now use tokenised money market fund shares issued through Franklin Templeton’s Benji Technology Platform as off-exchange collateral when trading on Binance. The programme allows institutional traders to utilise regulated, yield-bearing money market fund assets in digital markets without transferring them onto an exchange. Binance mirrors the value of Benji-issued fund shares within its trading environment, while regulated custody continues to hold the underlying assets. This arrangement reduces counterparty risk and enables clients to earn yield while supporting trading activity without compromising custody, liquidity, or regulatory protections.…
Project Prometheus, the AI startup founded by Amazon billionaire Jeff Bezos, has opened an office in Zurich. The company, whose creation was announced last November, focuses on developing AI for industrial and technological applications, according to Tages-Anzeiger. Public posts on LinkedIn and X indicate that the Zurich office is one of several planned locations, alongside London and San Francisco. Cristian Bodnar, a founding member of the company based in London, wrote in January: “We are hiring experienced Research Engineers at Project Prometheus for our locations in London, Zurich, and San Francisco.” According to Bodnar, new hires will focus on expertise…
FINMA’s Board of Directors has appointed Alain Girard as Head of the Banks division, effective 1 April 2026. Girard, 45, currently leads FINMA’s Recovery and Resolution division and is a member of the Executive Board. He succeeds Thomas Hirschi, who left FINMA on 31 August 2025. Since then, the division has been managed on an interim basis by Simon Brönnimann, who will gradually hand over responsibilities and assume leadership of the Recovery and Resolution division ad interim. Girard has led the Recovery and Resolution division since 2022 and was part of the crisis unit responding to the Credit Suisse situation.…
Visa has renewed and expanded its global partnership with Red Bull F1 Team’s Oracle Red Bull Racing and Visa Cash App Racing Bulls. The multi‑year agreement maintains Visa as Title Partner of both teams and their F1 Academy Programme, introducing new branding rights, hospitality assets, and experiential opportunities. “This renewal reflects the extraordinary momentum we’ve built with Red Bull Racing Teams, Visa Cash App Racing Bulls and Oracle Red Bull Racing, and our shared ambition to push what’s possible at the intersection of sport, culture and commerce,” said Frank Cooper III, Chief Marketing Officer, Visa. “Both Red Bull Formula 1…

