TrueLayer Earns Unicorn Badge With US$130 Million Funding From Stripe

London-based open banking platform TrueLayer announced that it has secured US$130 million, earning the unicorn badge with a company valuation of more than US$ 1 billion. The funding round was joined by Tiger Global and Stripe. This brings TrueLayer’s total funds

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Coinbase to Invest US$500 Million Into Crypto Assets

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net

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Switzerland Lags Behind in Adopting Robo-Advisors, Investment Tech

Swiss investors are lagging behind their European counterparts in embracing investment technology services. A new survey by Swiss banking technology provider Avaloq, which polled 1,430 investors across 10 countries in Europe and Asia, found that only 8% of Swiss respondents

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Open-Banking-Weichensteller actesy neu im F10-Accelerator-Programm

Die actesy AG erhält in Zukunft Unterstützung vom Fintech-Beschleuniger F10 in Zürich. Das Ostschweizer Unternehmen ist eines von 25 europäischen, asiatischen und amerikanischen FinTech- und InsurTech-Startups, welches für das neue Förderungsprogramm ausgewählt wurde. actesy wurde aus insgesamt über 350 Bewerbern

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SpotOn Raises US$300 Million in Series E Funding to Acquire Appetize

SpotOn, provider of mobile payment technology and management system for restaurants and small businesses, announced US$300 million in Series E funding, raising its valuation to US$3.15 billion. The funding, which comes four months after SpotOn’s US$125 million Series D, will

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Swiss VC btov Partners Closes US$135 Million Fund Focused on European Tech Startups

Swiss venture capital firm btov Partners announces the final closing of its new digital technologies early-stage fund with a volume of US$135 million. It’s the second fund that focuses entirely on digital technologies, and the ninth for btov Partners in

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Goldman Sachs to Acquire GreenSky, Led Form3’s US$160 Million Series C

Goldman Sachs Group has signed a deal to acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately US$2.24 billion. GreenSky’s differentiated lending capabilities and market-leading merchant and consumer ecosystem will help

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Avaloq Ventures Rebrands as FiveT Fintech Following Spin-off From Group

Swiss core banking solution provider Avaloq announced that the investment advisor of its fintech investment fund is being spun off from the group by means of a management buyout and renamed as FiveT Fintech. This will give the management team

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Coinfirm Raises US$8 Million in Series A Co-led by SIX Fintech Ventures

London-based crypto regtech firm Coinfirm announced the close of its Series A fund raise of US$ 8 million, and has appointed Dr. Mircea Mihaescu as its new Chief Executive Officer. The funding round was co-led by SIX Fintech Ventures, the

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Raiffeisen Switzerland Issues CHF 165 Million Bail-in Bond on Valyo’s Platform

Raiffeisen Switzerland, a cooperative of cooperatives the union of all independent Swiss Raiffeisen banks, has issued a CHF 165 million bail-in bond on Valyo’s capital market platform. This is reportedly the first bail-in bond has been issued digitally in Switzerland. This

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