Tag "UBS"

UBS Banking App Sees Significant Growth a Year After Its Launch

UBS has reported that its digital banking offering ‘UBS key4’ has witnessed rapid growth, active usage and continued development of its product line in the past year since its launch. The UBS key4 provides private clients with a comprehensive digital

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UBS Completes Cross-Border Intraday Trade On Broadridge’s Blockchain-Powered Platform

Global financial technology company Broadridge Financial Solutions announced that UBS and a global Asian bank have successfully executed a cross-border intraday repo transaction on its blockchain-enabled platform. This intraday trade marks the launch of the next phase in the rollout

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Tenity Partners With UBS to Invest in 400 Early Stage Fintechs

Tenity, Swiss innovation ecosystem formerly known as F10, announced that UBS is now one of its preferred global strategic banking partner. Through this partnership, UBS will have access to Tenity’s global ecosystem of innovative early stage fintechs – beyond its

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UBS and Goldman Sachs Invest into Regtech Company Droit

Droit, a New York based technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round. The round was led by Pivot Investment Partners and UBS

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UBS Next Participates in $20 Million Series B of Israel Compliance Tech Startup

Shield, a compliance tech platform based in Tel Aviv, announced its $20 million Series B financing round, which was led by Macquarie Capital and joined by UBS through its venture and innovation unit UBS Next, Mindset Ventures and OurCrowd. This

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UBS Chooses Regula’s Identity Verification Solutions to Automate Onboarding

UBS has partnered with Latvian identity verification company Regula to create a fully automated and 24/7 account opening process for new customers. Instead of real-time video interviews, which were previously required by UBS to verify new customers, the enrollment process

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UBS Leverages iProov’s Face Verification Technology for Bank Account Opening

UBS has partnered with London-based identity verification company iProov to offer automated identity verification during the account opening process. UBS launched the UBS key4 banking app earlier in the year to enable clients to carry out their banking transactions entirely

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Baloise and UBS Increase Their Stake in Proptech Houzy

Swiss insurtech Baloise and UBS have increased their stake in Houzy, a proptech startup which supports owners of houses and apartments with their property-related needs. Both Baloise and UBS invested in Houzy at an early stage and this announcement emphasises

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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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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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