Tag: Switzerland

Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.

Obligate, which offers blockchain-based regulated debt securities, has reportedly raised $4m in a seed extension.

yeekatee, an investing social network, has scored $1.9m in a pre-seed funding round backed by a co-founder of WealthTech firm Avaloq.  

Cerchia, which is on a mission to enable direct risk transfer between investors and reinsurers, has secured CHF 1.3m ($1.4m).

Relio, the new FinTech from Penta founder Lav Odorovic, has secured CHF 3m ($3.26m) in funding to support the launch of its services.

Switzerland-based payment app TWINT aims to bolster its fraud protection efforts through a partnership with enterprise risk platform NetGuardians.

Switzerland has mandated financial products and funds labelled as sustainable, green, or ESG will be required to disclose how they intend to achieve their sustainability goals.  

Swiss cybersecurity firm Saporo has landed €4m in a seed funding round headed by XAnge.

Large Swiss companies and financial institutions will be required to disclose information on their climate-related risks, impacts and plans following new legislation passed.

Switzerland’s Federal Council has launched Swiss Climate Scores, which is based on a series of indicators focused on providing transparency into the connection of firms and global climate goals.