Zurich Insurance Launches Global API Marketplace With 50 Open APIs
Zurich Insurance Group has launched Zurich eXchange, a global API marketplace that brings together services from across the Zurich Group. The shared API management platform has been adopted by 15 Zurich business units and currently covers 1,433 managed APIs, with
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UBS Launches the World’s First Dual-Blockchain Listed Digital Bond
UBS has launched the world’s first digital bond — a CHF 375 million three-year bond with 2.33% coupon — that is publicly traded and settled on both blockchain-based and traditional exchanges. The digital bond will be dual listed at SDX
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neon Raises CHF 11 Million From Institutional and Crowdfunding Investors
Swiss neobank neon has closed last week a CHF 11 million financing round from existing investors and some 5,000 investors through its crowdfunding campaign. Investors in the crowdfunding campaign which ran from October 24 to 31 invested at an average
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Swiss Roboadvisor True Wealth Finally Offers also a Pillar 3a Solution
Saving in Pillar 3a becomes an integrated part of wealth management within True Wealth. Since being founded in late 2014, True Wealth has grown to become an established wealth manager in Switzerland in just eight years. The fintech company currently
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Corporate Spending Management Emerges as One of the Hottest Fintech Segments
Spending management software and corporate credit cards have emerged as one of the hottest segments in the fintech industry. The sector is capturing large rounds of funding from global investors and competition for market share is heating up, especially in
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Climate Fintech Funding Soars, Totaling US$1.8B in H1 2022
CommerzVentures, the corporate venture capital (CVC) arm of Commerzbank in Germany, has released its latest report on climate fintech, sharing findings of an analysis of 528 climate fintech startups across Europe and the US with scalable business models to provide
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Finnova Hires ti&m’s Samuel Scheidegger as Chief Product Officer
Banking software provider Finnova has appointed digital firm ti&m’s Samuel Scheidegger as its new Chief Product Officer, effective 1 February 2023. Scheidegger succeeds Simon Kauth, who moves on from his role as Finnova’s Chief Product Officer to take on a
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UK, Sweden Emerge as Best Fintech Ecosystems in Europe
In Europe, fintech activity is growing in virtually all countries, but performance and maturity levels are found to be the greatest in the UK and Sweden, the two countries that are now leading the region for the size of their
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Digital Accounting Startup Numarics to Raise Seed Funding in Q4 2022
Swiss digital accounting startup Numarics is raising a seed round in the fourth quarter of 2022 following its previous CHF 2.1 million pre-seed financing round led by Wingman Ventures in April 2022. Numarics processes accounting and business administration automation through
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Bilt Rewards Hits US$1.5B Valuation With US$150M Round Led by Left Lane Capital
Bilt Rewards, a rewards programme for renters, has raised US$150 million at a US$1.5 billion valuation. The round was led by Left Lane Capital, with Smash Capital, Wells Fargo, Greystar, Greystar, Camber Creek, Fifth Wall, and Prosus Ventures participating. Launched
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