SIX Ventures and Circle Invest in Swiss Blockchain Startup Obligate (FQX)
Obligate, formerly known as FQX, announced it has successfully closed a seed extension funding round, allowing them to scale their blockchain-based platform for bonds and commercial paper. Blockchange Ventures and Circle Ventures join initial seed co-investors Earlybird and SIX Fintech
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Jumio Surpassed US$200 Million in Bookings Last Year
Online mobile payments and identity verification company Jumio announced that it had cleared over US$200 million in bookings last year. Jumio also reported that it had closed both the largest new deal and the largest total deal in the company’s
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Wealthtech Startup Everon Closes CHF 2.5 Million Seed Round from TX Ventures
Zurich-based fintech company Everon, which specializes in digital wealth management, has closed its seed funding round of approximately CHF 2.5 million. The main investor in the round was TX Ventures, the VC investment arm of the Swiss media company TX
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N26 and Bitpanda Expand Crypto Trading Product to Switzerland
German neobank N26 has partnered with Austrian crypto platform Bitpanda to expand its in-app crypto trading product to its customers in Germany, Portugal, Belgium, Ireland and Switzerland from €1 onwards. The N26 Crypto was already rolled out in Austria late
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Top Payments Trends to Look Out for in 2023
The outlook for the global payments market in the years to come is expected to be rather favorable, with a projected average annual revenue growth of 9% between 2021 and 2026 and total revenue set to reach US$3.3 trillion by
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Top 50 Crypto Valley Companies for 2023
The CV VC Top 50 Report 2022 is an annual assessment undertaken by CV VC AG to provide an overview of Crypto Valley developments. It shows that Crypto Valley, which includes Switzerland and Liechtenstein, is the most mature blockchain hub.
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Starbucks Taps Embedded Finance to Improve Customer Experience and Increase Retention
Starbucks, an American multinational chain of coffeehouses and roastery reserves, has been dipping its toes into fintech for a while now, leveraging embedded finance to craft superior customer experiences and build loyalty, a new analysis by fintech-focused research firm WhiteSight
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Neobanking Offering: Revolut Metal Named 2022’s Top Mobile Banking Service
The Mobile Banking Benchmark, an annual study by consulting company Sia Partners focusing on identifying the world’s top ten mobile banking apps, has named Revolut Metal as the best mobile banking offering of 2022. Each year, Sia Partners performs a
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Impact of the Metaverse: Will it Be a 3 Trillion USD Industry?
The metaverse, a concept which refers to a more 3D and immersive form of the Internet, has the potential to unlock new opportunities for almost all businesses, with early estimates forecasting an economic contribution of over US$3 trillion by 2031.
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The City of Lugano Issues Its First Native Digital Bond on SDX With ZKB
The city of Lugano, Switzerland, launched a 6-year CHF senior unsecured bond with a total issue volume of CHF 100 million and a maturity in 2029. By issuing the first native digital bond, the city of Lugano is pioneering this
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