The fintech company Avaloq has presented strong results for 2018. The key growth driver was the continued demand for the company’s SaaS, BPaaS and license solutions from new and existing customers, which accelerated growth in markets such as EMEA. For the full year, the company generated sales of CHF 579…
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How many customers have Swiss smartphone banks? According to Andreas Dietrich of Lucerne University of Applied Sciences Lucerne, Zak’s offer launched by Bank Cler has around 14,000 clients; Neon has a customer base in the four-digit range according to demand of the trade newspaper. The London Fintech Revolut also already…
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People from different parts of the world have the opportunity to contribute to the capital of the Swiss-Estonian startup through the use of cryptocurrency. The self-hosted campaign brings together the crypto sponsors and the traditional collective financing contributors. The supporters will obtain capital from the Fintech company that plans to…
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The boss of the first Swiss fintech incubator resigns, as finews.ch has let known. There, not only financial technology is now being promoted. Sal Matteis, the CEO of the Geneva startup forge merger, retires at the end of March. As finews.ch has learned, this step is done on a personal…
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A French platform of startup investors is gaining ground in western Switzerland. The financiers have big plans for local fintechs Angelsquare will be active in Switzerland this March, according to a Wednesday announcement. The Paris platform, founded in 2016, is said to unite around 600 French venture capitalists. Last year…
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The Swiss fintech market grew by 62 percent in 2018. This emerges from a recently published study by the Lucerne University of Applied Sciences, published on 27th February. Lucerne University of Applied Sciences conducted a thorough review of the Swiss financial market for the fourth time. The report, entitled IFZ…
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The “vending machine” should make it possible to acquire shares directly from companies without having to register for it. What the Swiss fintech company Alethena, in cooperation with the Zurich-based start-up Ledgy and the legal services provider Lexr, submits as a “stock market”, can be thought of as a mediator…
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The main stock exchange of Switzerland, SIX Swiss Exchange, launched on March 5 a stock trading product (ETP) based on Ethereum (ETH), according to the website of SIX Group. This new financial product is backed by the Swiss company Amun AG, and will be listed under the AETH index. In…
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According to the analysis, Switzerland had 356 fintech companies in 2018, as opposed to 220 in the previous year. The growth is reported to depend on Fintech Distributed Ledger (DLT) companies, which triples in number. More specifically, “out of a total of 356 companies, 122 are Distributed Ledger Technology, 66…
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The fintech sector in Switzerland continues to boom. Two major cities in the country ranked second and third in a global ranking, confirming their results from the previous year. Only a city state performs even better. This emerges from a new study. Thanks to excellent conditions, FinTech Switzerland remains a…
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