Sequence SA has secured a fintech license from the Swiss Financial Market Supervisory Authority (FINMA), becoming one of only five institutions in Switzerland to hold the regulatory approval.

Swiss law firm Kellerhals Carrard, which advised the company on the application, announced the regulatory milestone on Wednesday (May 27).

The firm’s legal team handled the structuring, documentation, and regulatory liaison required to secure the final approval.

The FINMA fintech license, granted under Article 1b of the Banking Act, allows institutions to accept public deposits of up to CHF 100 million or crypto-based assets.

Under the framework, firms cannot invest these funds or pay interest on them, creating a tailored regulatory path for digital and financial innovators outside the traditional banking system.

“Securing the fintech license is a key moment for Sequence and for the Swiss fintech ecosystem,”

said Blas Pegenaute, CEO of Sequence.

He added that the legal advisory team provided a combination of regulatory insight and pragmatic guidance throughout the process.

Sequence joins four other Swiss companies that currently hold the specific fintech authorisation, highlighting the rigorous requirements of the application framework.

Featured image credit: Edited by Fintech News Switzerland, based on image by leungchopan via Magnific