Following a short pilot phase, Coop has decided to no longer act as the operator of the Finance+ platform, as the demand did not meet expectations.
Furthermore, Coop informed that the environment has changed as a result of increased competition in the financial sector in recent months.
As one of several Finance+ partners, Coop will be withdrawing from the project. The exact date has not yet been determined. Glarner Kantonalbank also announced to withdraw from the project.
Coop claim to guarantees the continued operation of the Finance+ platform until further notice and will provide all services to their full extent. Follow-on solutions for customers are being assessed.
Coop Neobank am Start in der Schweiz – Fintech Schweiz Digital Finance News – FintechNewsCH