Citigroup mistakenly credited a client’s account with US$81 trillion instead of the intended US$280 due to an input error, raising…
J. Safra Sarasin Group has signed an agreement to acquire approximately 70% of Saxo Bank, previously held by Geely Financials…
Flowdesk, a France-based digital asset trading and technology firm, has secured US$102 million in funding, with support from HV Capital…
IDnow, a Munich-based identity verification platform provider, has announced a new strategic investment from Corsair Capital, a US-based investment firm…
Swiss retail banks are losing further ground in global digital rankings, dropping from 18th place in 2020 to 27th last…
Despite a decline in funding, Germany’s fintech sector demonstrated resilience and innovation in 2024, driven by advancements in artificial intelligence…
Papaya Global, a US-based workforce payroll and payments platform, has partnered with Sumsub, a UK-based provider of verification and compliance…
Quantexa, a London-based tech company specialising in Decision Intelligence (DI) solutions, has secured a US$175 million Series F investment. The…
The Swiss Financial Market Supervisory Authority (FINMA) has opened bankruptcy proceedings against the fintech startup SWISS4.0 SA due to serious…
Despite a challenging year for global fintech investment in 2024, the sector showed signs of recovery in the last quarter,…
Zurich-based SaaS provider Rivero has announced a partnership with Zurich-based financial services firm SIX to implement its fraud recovery and…
Switzerland has shared plans to regulate artificial intelligence (AI) by adopting the Council of Europe’s AI Convention and making necessary…
BlackRock, a US-based asset management firm, has completed its acquisition of London-based Preqin, an independent provider of private markets data.…
Unique, a Zurich-based vertical AI company developing agentic AI solutions for financial firms, has completed its Series A funding round,…
Digital Asset, a US-based blockchain technology firm, and Euroclear, a Brussels-based provider of post-trade services, have launched the first phase…
AMNIS Treasury Services, a Zurich-based fintech focused on international banking solutions for companies, has closed its Series B investment round,…
Thoma Bravo, a global software investment firm based in the US, has completed fundraising for its first Europe-focused fund, Thoma…
The Swiss software company Adnovum, headquartered in Zurich, has appointed Matthias von Arx as Managing Director of its new Solutions…
The ClearScore Group, a UK-based free credit scoring service and marketplace, has secured £30 million in debt financing from HSBC…
Fintech is one of the fastest growing industries in the world. The Boston Consulting Group (BCG) estimates that the market…
