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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ABN AMRO Issues Digital Bond on Stellar Blockchain
ABN Amro became the first bank in the Netherlands to register a digital bond on the public blockchain, using Fireblocks. The digital bond was issued to a select group of investors to raise funds on behalf of APOC, an ABN
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Canadian Fintech Nuvei Acquires Paya in US$1.3 Billion Deal
Canadian fintech Nuvei announced that it has inked a deal to acquire U.S. payments firm Paya in an all-cash transaction for US$1.3 billion. Paya is a pure-play integrated payments platform serving customers in markets such as B2B, government, utilities, non-profit
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Swiss Insurtech Toni Digital Closes $12.5M Series B
Zurich-headquartered startup TONI Digital has secured $12.5 million in a Series B funding round. The company is a digital insurance-as-a-service provider, offering personal and commercial insurance lines such as motor insurance, payment protection insurance, and life solutions on top of
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14 Swiss Venture Capitalists Fintech Startups Should Watch in 2023
Despite a challenging global funding landscape, Swiss startups continued to see notable traction in 2022, securing a record of CHF 3.8 billion in funding between January and November, data from Startup.ch show. The sum represents a 27% increase compared to
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Erster Schweizer Anbieter mit Versicherungsabschluss im Metaverse
Als erste Versicherung macht die Digitalversicherung Smile ihre Dienstleistungen und Services im Web 3.0 erlebbar. Darunter fallen täglich buchbare, virtuelle Kundenberatungen sowie greifbare Autoschäden in der neuen smile.meta Garage. Die technische Unterstützung für das Projekt wurde vom Zuger IT- Beratungsunternehmen
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Projekt Digitales Firmenkonto: CHF 3 Millionen für Relio, TX Ventures und SIX Investieren
Relio erhält eine Finanzierung von CHF 3 Millionen für die Lancierung eines digitalen Geschäftskontos. Mit seiner neu entwickelten Compliance-Technologie spezialisiert sich das Startup vor allem auf komplexe Firmenkunden. Zu den Hauptinvestoren zählen TX Ventures (TX Group), SIX Fintech Ventures (SIX
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Duck Creek to Acquire Swiss Imburse Payments
Nasdaq listed Duck Creek Technologie announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. Duck Creek is according the PR an “intelligent solutions provider defining the future of property and casualty (P&C) insurance.”, they are based
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Swiss Startup Competition >>venture>> Gears up for 2024 Edition
Switzerland’s startup competition >>venture>> is inviting early-stage fintech and insurtech startups to apply for its 2024 edition which is now open for submissions until 28 February 2024. Co-organised by ETH, McKinsey & Company, Knecht Holding, Innosuisse and EPFL, >>venture>> has grown
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