Crypto Firm Circle Eyes IPO Through SPAC Merger, Bolstered by US$1.1 Billion in Capital
Cryptocurrency company Circle is eyeing an initial public offering (IPO) via a merger with Concord Acquisition Corp, a publicly-traded special purpose acquisition corporation (SPAC) in a deal that values the firm at US$4.5 billion. The transaction is anticipated to close
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UBS Ties up With Baloise to Offer Proptech Solutions for Swiss Property Owners
Swiss insurance holding company Baloise and UBS, with its mortgage brokerage platforms Atrium and key4, plans to enter into a strategic partnership in order to provide innovative solutions and services to property owners in Switzerland. The aim of this strategic
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Here Are the Winners of the Swiss Fintech Awards 2021
The much-anticipated Swiss Fintech Awards has announced the winners for the year 2021 where winners of the three categories received CHF 24,000 each as prize money. The awards have been organised yearly since 2015 to promote regional development and to
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Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise
Danish fintech Pleo announced that it has raised US$150 million in a Series C funding round to become a unicorn with a company valuation of US$1.7 billion. The Series C round was co-led by Bain Capital Ventures and Thrive Capital,
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Concardis Schweiz and CCV Schweiz Finalised Merger to Form Nets Schweiz
The legal merger of Swiss payment terminal provider CCV Schweiz SA with Concardis Schweiz AG by the Nets Group, a payment service provider in Europe, has been completed. As of 30 June 2021, the two companies will continue to operate
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Credit Suisse Hires Goldman Sachs’ Exec as New Chief Technology & Operations Officer
Credit Suisse Group AG announced the appointment of Joanne Hannaford as Chief Technology & Operations Officer and a member of the Executive Board of Credit Suisse Group, effective January 1, 2022. Mrs. Hannaford joins from Goldman Sachs, bringing deep technical
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Netcetera, Entersekt Enables Secure Payments With FIDO Authentication for PLUSCARD
PLUSCARD, a full-service processor for numerous card-issuing institutions across Germany, Netcetera, a digital payment solutions provider, and Entersekt, a customer authentication specialist, launched the FIDO-certified alternative to app-based authentication in Europe in June 2021. The solution enables secure online credit card
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Broadridge Acquires ECS From Jordan & Jordan to Enhance Its Regulatory Compliance
Broadridge Financial Solutions, an American-based investment banking company, announced that has acquired cloud-based Execution Compliance and Surveillance Service’s (ECS) assets from Jordan & Jordan. The solution provides a combination of surveillance and regulatory reporting as well as compliance consulting capabilities for
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Innosuisse Paves the Way for Swiss Startups to Expand to Japan and South Korea
Startups supported by Swiss Innovation agency Innosuisse will soon be able to go to Japan or South Korea to develop their business internationally thanks to the two new camps being opened this year to meet growing demand. These destinations were
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Brazil and Mexico Emerge as Top Fintech Countries in Latin America
Though the growth of fintech in Latin America (Latam) started later than in other region, it quickly picked up stream. Today, Latam is experiencing an explosion of fintech activity that’s being fueled by rising demand for online banking tools, encouraging
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