Virtual Banking
neon Raises CHF 11 Million From Institutional and Crowdfunding Investors
Swiss neobank neon has closed last week a CHF 11 million financing round from existing investors and some 5,000 investors through its crowdfunding campaign. Investors in the crowdfunding campaign which ran from October 24 to 31 invested at an average
Read More
radicant Launches Investment Products That Support Sustainable Development
Digital bank radicant has launched SDG Impact Solutions, a series of 11 financial products comprising three funds and eight actively managed certificates. These products enable clients to invest in broadly diversified funds representing the UN’s 17 Sustainable Development Goals (SDGs)
Read More
neon’s Crowdfunding Campaign Reaches CHF 5 Million on Its First Day
Swiss neobank neon’s crowdfunding campaign reached CHF 5 million of its CHF 10 million target with more than 2,000 investors participating on the first day of the campaign. The campaign, which runs from October 25 to 31, is offering two
Read More
Swiss Universal Banks Top Digital Performance Ranking Ahead of Neobanks and Challengers
Traditional banking institutions are performing better than digital challengers on their digital presence, engagement, social media and app usage, according to Colombus Consulting’s latest edition of the Digital Index and Performance of Swiss Players report. The study, which looks at
Read More
Revolut, Wise and Neon Are the Cheapest Neobanks in Switzerland
Online comparison service moneyland.ch conducted a study to compare the cost of using banking, card and foreign exchange services provided by seven leading neobanks in Switzerland — CSX, Neon, Revolut, Wise, Yapeal, Yuh, and Zak. The study found British neobanks
Read More
Alpian Launches Its Private Banking App for the Mass Affluent
Digital private bank Alpian has launched its mobile-first digital service which combines everyday and private banking services for the mass affluent client segment. The service aims to differentiate itself by providing clients access to personalised wealth services that are conventionally
Read More
Revolut, Wise and N26 Were the Most Googled Virtual Banks in Europe
A study found that Revolut was the most searched online banking service in Europe, receiving the most searches in 25 countries. Wise came in second as the most searched in nine countries and N26 comes in third as the most
Read More
UK Fintech Monese Secures US$35M Investment From HSBC Ventures
UK-based money app Monese has received a US$35 million investment from HSBC Ventures, bringing the total amount it has raised so far to US$208 million. The investment is said to be part of a broader strategic partnership that focuses on
Read More
Banks Jump on the Metaverse Bandwagon
Banks from around the world are actively exploring the opportunities brought about the metaverse, purchasing virtual land and establishing presence on popular platforms. They believe these virtual environments will help them better engage with younger customers, collaborate with partners and
Read More
Alpian Partners With Visa to Issue a Metal Debit Card in Switzerland
Digital private bank Alpian announced that it is now a Principal Member of Visa, allowing the company to issue its exclusive metal debit card in Switzerland. The pairing of the metal debit card with a multi-currency current account (CHF, EUR,
Read More