BLKB and Lombard Odier Join Forces To Offer Sustainable Investments
Swiss cantonal bank Basellandschaftliche Kantonalbank (BLKB) and Geneva-based private bank Lombard Odier are planning a partnership in the field of sustainable investments for the former’s customers. As part of this collaboration, both entities will come up with investment strategies for
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Austrian Unicorn Bitpanda Bags US$263 Million, Now Valued at US$4.1 Billion
Austrian digital investment platform Bitpanda has raised US$263 million in funding at a US$4.1 billion valuation 4 months after gaining unicorn status. The Series C funding round was led by Valar Ventures, with the participation of Alan Howard and REDO
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Open Finance: SIX’s bLink Platform Could Act as the Trusted Central Authority
With open finance increasingly coming to the public’s attention in Switzerland, discussions on API standards are accelerating. In July, industry trade group Swiss Fintech Innovations (SFTI) released a whitepaper outlining key considerations to address in regards to data security and
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BEKB lanciert Infrastruktur für tokenisierte Assets
In den kommenden Monaten wird die BEKB mit Unterstützung der Hypothekarbank Lenzburg und der daura AG eine Plattform für die Transaktion und die Verwaltung von tokenisierten Assets entwickeln. Der Handel wird auf Basis der bestehenden Nebenwerteplattform OTC-X stattfinden. Die entsprechenden Absichtserklärungen wurden
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Neobank Chime Bags US$750 Million, Fintech Expert Questions US$25 Billion Valuation
San Francisco-based challenger bank Chime Financial announced that it has secured a funding of US$750 million, pushing its valuation to US$25 billion ahead of a planned initial public offering (IPO) early next year. The funding round was led by new
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The 10 Most-Well Funded European Fintech Companies of 2021
2021 has been a record year for fintech funding globally. In Europe, total fintech funding broke the record for annual investment, reaching EUR 10.4 billion in just June 2021 and surpassing the previous record of EUR 9.3 billion raised across
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Neobank Upgrade Closes US$105 Million Series E Round, Valued at US$3.325 Billion
Upgrade, a US-based fintech company that offers affordable and responsible credit to mainstream consumers, announced that it closed a US$105 million Series E round at a US$3.325 billion pre-money valuation. The round was led by Koch Disruptive Technologies (KDT) with
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EPAM Acquires Colombian Software Firm S4N as Part of Its Latin America Expansion Plans
EPAM Systems, a US-based provider of digital platform engineering and development services, has acquired S4N, a Columbian software development services firm specialising in the design and development of modern software products and enterprise platforms. The move is a part of
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BBVA Spain Joins Ant Group’s Blockchain-Based Trading Platform Trusple
BBVA has signed an agreement to integrate its cross-border payment and financing services on Trusple, a blockchain-based trading platform powered by Alibaba’s affiliate Ant Group, for greater transparency and security. Trusple aims to accelerate the digital transformation and facilitate the
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Helvetia Venture Fund Takes Minor Stake in Spanish Fintech Coinscrap Finance
The Swiss Helvetia Venture Fund has acquired a minority stake in Spanish startup Coinscrap Finance which offers various white-label smartphone apps for banks and insurance companies in the pensions sector. The funds from the financing round will be used to
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