Fintech Startup Failures Pile Up
After experiencing record investment volumes in 2021, venture funding is dropping significantly this year amid hiking inflation rates, political instability and tanking stock prices. Investors are scaling back their investment pace significantly, and though many startups are still holding strong
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PayPal Ramps Up Integrations and Partnerships
PayPal has reached a new agreement with Apple that will see that two technology giants accept each other’s products in their respective payment ecosystems. The partnership is the latest in a series of collaborations announced by PayPal over the past
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UK’s Starling Bank Blocks All Transactions to and From Crypto Platforms
London-based Starling Bank recently announced in a text to its users that it has decided to block all incoming and outgoing transactions to crypto exchanges and other crypto platforms. Starling Bank says that while the technology and thinking behind cryptocurrencies
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Crypto Winter Wipes Out 72,000 Bitcoin Millionaires in 2022
Crypto comparison website Bitstacker conducted a study which found that there was a 70% drop in Bitcoin millionaires in November 2022 when compared to January 2022 due to the ongoing ‘crypto winter’. 72,000 Bitcoin holders were no longer millionaires due
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Railsr Launches Data Dashboard for Brands to Track Customer Trends
London-based embedded finance platform Railsr has launched Insights, a dashboard for brands to access data-driven insights on their customer base to optimise the end consumer product. Railsr’s Insights allows brands to track customer data such as account approval rates, card
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Switzerland Sets the Stage for Instant Payments
Stability. Secrecy. Safety. The Swiss financial system has been the very definition of these attributes for almost 200 years. But like the world’s financial systems, institutions and networks, one very active new factor is knocking at the border: change. And
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45 Millionen für Startup Fund von EquityPitcher
Die Venture Capital Firma EquityPitcher AG schliesst erfolgreich ihren zweiten Fonds. Dieser investiert gezielt in Startups aus der DACH-Region und zählt bereits 20 Portfolio-Unternehmen aus 12 verschiedenen Industrien. EquityPitcher setzt bei all ihren Investments auf eine persönliche Begleitung der Startups
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Market Participants See Potential in DLT and Tokenization to Shorten Settlement Cycle
The clearing and settlement landscape is on the brick of a major transformation, driven by the accelerated pace of technology development and adoption. In the coming years, market participants expect the settlement timeframe to substantially shorten as technology continue to
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PostFinance Anlage-Report: In der Schweiz legt nur die Hälfte der Erwachsenen ihr Geld an
In Zusammenarbeit mit der Hochschule Luzern – Wirtschaft (HSLU) hat PostFinance eine umfassende Erhebung zum Anlageverhalten in der Schweiz durchgeführt. Die Resultate zeigen, dass ein geringes Interesse für die Finanzmärkte, ein vermeintlich fehlendes Vermögen, wenig Finanzwissen und Angst vor Verlusten
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Sygnum Granted In-Principle Approval to Operate in the Abu Dhabi Global Market
Swiss digital asset bank Sygnum has received in-principle approval from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) to expand to the city. The approval allows the company to access Abu Dhabi’s established wealth management market and
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