Fenergo’s Acquisition Gets Green Light From the EU Commission
The acquisition of Irish regtech firm Fenergo by private equity firms, the Paris-based Astorg and London-based Bridgepoint has been concluded in a US$600 million deal. The transaction was completed following approval by the European Commission. This deal could potentially push
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Commission-Free Trading Pioneer Robinhood Seeks US$35B IPO Valuation
Robinhood, the US startup that pioneered commission-free trading, is seeking a market valuation of up to US$35 billion in its upcoming initial public offering (IPO) on July 29. In its submission to the US Securities and Exchange Commission (SEC), the
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SEBA Bank Strengthens APAC Presence With Appointment of New Asia CEO
SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced the appointment of Sam Lin as its Chief Executive Officer for Asia with immediate effect. This appointment is in line with SEBA Bank’s aim to strengthen
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2 Schweizer Krypto-Startups im Mastercard Accelerator dabei
Mastercard startet ein weiteres globales Startup-Engagement-Programm. Start Path unterstützt schnell wachsende junge Unternehmen aus den Bereichen Digital Assets, Blockchain und Kryptowährungen. Sieben Startups haben sich dem Programm angeschlossen: GK8, Domain Money, Mintable (Singapore), SupraOracles, STACS (Singapore), Taurus und Uphold. Gemeinsam mit Mastercard werden sie in
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Swiss Fintech Tradeplus24 Raises $25 Million To Drive Expansion
Swiss small and medium enterprise (SME) financing startup Tradeplus24 has raked in $225 million in pre-Series B round, the startup announced. Of the total funding, $25 million is in equity financing and the remaining $200 million is in debt financing.
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What are Stablecoins and What Risks and Opportunities Do They Bring?
Stablecoins, or digital tokens with values tied to fiat currencies or other assets, have surged in popularity over the past year on the back of booming cryptocurrency transaction activity, the emergence of decentralized finance (DeFi), and a large rise in
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Spendesk Raises €100 Million in Series C Funding
Paris-headquartered Spendesk, an all-in-one spend management platform for finance teams, has raised €100 million in a Series C funding round. The round was led by global growth equity firm General Atlantic while existing investors Index Ventures and Eight Roads Ventures
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Solarisbank Reaches Unicorn Status With EUR 190 Million Series D Funding
Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank has raised EUR 290 million in an oversubscribed Series D funding round, clinching the coveted unison status with a valuation of € 1.4 billion. The funding was led by Switzerland-based Decisive Capital Management while new
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2021, a Tipping Point for Digital Asset Adoption in Switzerland
2021 was the tipping point for the acceptance of cryptocurrencies and digital assets in Switzerland. Investors entered the space at a rapid pace and client demand became simply too large to brush aside. Meanwhile, financial institutions started actively joining the
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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
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