Posts From Fintechnews Switzerland
N26 Launches Couple Accounts in 21 New Markets
N26 announced the launch of Joint Accounts in 21 new markets. Joint Accounts allow N26 customers to manage both their personal finances as well as finances shared with a partner – all in the N26 app, and at no extra
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N26 Goes Live With Stocks and ETFs Trading in Germany, 0.90EUR per Trade
N26 announced the launch of its Stocks and ETFs trading product in Germany. The company also announced an increased interest rate of 4% on Instant Savings for N26 Metal customers from April 9th, 2024. With the introduction of N26 Stocks
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European Fintech M&A Poised for Rebound as Traditional Banks Eye Struggling Fintech Startups
Mergers and acquisitions (M&A) activity in the European banking sector is expected to rebound this year as lower valuations are anticipated to entice traditional lenders to snap up struggling fintech startups to enhance their tech capabilities and expand their portfolio
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Blackrock Launches Its First Tokenized Fund on Ethereum
BlackRock unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL”) BUIDL will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets,
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Solaris Raises 96 Million EUR Series F
Solaris announced the signing of its Series F round led by SBI Group and other existing investors. The current round consists of EUR 96 million in additional capital and a financial guarantee of up to EUR 100 million capital equivalent.
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Swiss Financial Innovation Desk Launches Fintech Hackathon
FIND, the new formed government supported Swiss Financial Innovation Desk (FIND), announced the launch of its flagship event “SwissHacks”, a fintech-focused hackathon powered by Tenity. FIND aims to concierge and hatch financial innovation and consolidate Switzerland’s leadership in the global
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Global Retail Fintech Funding Shows Resilience, Supported by Banking and Credit Deals
Retail fintech recorded a slight growth in Q4 2023 with deal value increasing by 5% quarter-on-quarter (QoQ) to US$2.6 billion, a modest rise that was driven by large deals in banking and credit verticals, new data released by PitchBook reveal.
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SAP Rolls Out New Cloud Payment Solutions for Retailers
SAP announced a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more agile as new payment options – such as buy now, pay
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Top Trends in Europe’s Digital Finance Landscape
In Europe, digital finance is being driven by the adoption of innovative technologies including artificial intelligence (AI), machine learning (ML), distributed ledger technology (DLT), big data and cloud computing. These technological advancements are presenting both opportunities and challenges, forcing regulatory
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Citi Ventures Invests in Core Banking Provider Tuum
Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup, has become a strategic investor in the company as a follow-on from Tuum’s recently announced series B fundraising. At the
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