Funding

Rental Deposit Meets ETF Investing: Evorest Closes Pre-seed Round

Newly founded Wealth/Prop-tech Startup Evorest raises seven-digit pre-seed financing from private investors to revolutionize the Swiss rental deposit market. For the first time, tenants will be able to digitally invest their rental deposits in low-cost funds, instead of keeping their

Read More

Swiss-UK Private Bank Digital Finance Startup Kashet Raises CHF 6.2M Series A

Kashet, the Swiss-UK premium digital finance services firm, has successfully raised CHF 6.2m funding to support its expansion and readiness for further growth. Kashet is focused on delivering a membership-based financial solution app for customers and private bank clients. The

Read More

Tenity Ropes in SIX, UBS, Julius Baer, Generali for First Close of Its Fintech Fund

Tenity, a Swiss fintech accelerator formerly known as F10, announced the first closing of its Tenity Incubation Fund I with investments from SIX Group, UBS’ strategic venture and innovation unit UBS Next, Julius Baer, and Generali’s House of Insurtech Switzerland.

Read More

The Impact of Silicon Valley Bank’s Collapse on Fintech

With over 2,600 fintech clients, Silicon Valley Bank (SVB) is more than just bank and venture debt lender. Beyond banking and financing, SVB is also a technology partner to many fintech companies, serving as a gateway for commercial payments and

Read More

J.P. Morgan to Acquire Aumni for Its VC Investment Analytics Software

J.P. Morgan has inked a deal to acquire Aumni, a U.S.-based investment analytics software provider for the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023. Aumni will

Read More

German Fintech Raisin Secures €60 Million Series E

Raisin, a Berlin-based fintech providing savings and investment products, announced that it has raised €60 million in a Series E funding round from a number of new and existing investors including M&G’s Catalyst and Goldman Sachs. With the new investment,

Read More

Swiss Fintech Study 2022: Fintech Sector Rebounds After 2021 Decline

After a market slump in 2021, the Swiss fintech industry rebounded in 2022, with the number of companies operating in the sector rising, investment increasing, and banking incumbents stepping up their digitalization game, a new report by the Lucerne University

Read More

SICTIC Facilitated Close to 70% Of Swiss Early Stage ICT, Fintech Funding Rounds in 2022

The Swiss ICT Investor Club (SICTIC), a non-profit organisation that connects investors to local early stage tech startups, reported that it had facilitated 106 out of the 153 funding rounds for Swiss early-stage startups in the ICT and fintech sectors

Read More

German Fintech Cashlink Closes Series A Led by TX Ventures

Germany-based Cashlink Technologies announced the closing of its mid seven-digit Series A fundraising round led by fintech investor TX Ventures. Details of the fundraise was not disclosed. The round was also joined by Futury Capital, BMH Hessen, business angels as

Read More

7 Startups Selected for Tenity’s Latest Swiss Incubation Programme

Tenity, Swiss fintech accelerator formerly known as F10, has selected 7 early-stage startups from 5 countries for the 10th edition of its incubation programme running out of Zurich which kicked-off this week. The selected startups will receive an initial CHF

Read More