Tag: Switzerland

The Swiss Financial Market Supervisory Authority (FINMA) has outlined several measures Swiss private bank Julius Baer must implement after being found of “serious AML failings.”

Open Systems, a secure access service, has acquired Sqooba for an undisclosed amount.

AlgoTrader, an automated quantitative trading and trade execution platform, has bagged CHF 3.7m ($3.8m) in a round.

Smartphone banking platform neon has collected CHF 5m ($5m) in funding to boost product expansion.

Libra, Facebook's new cryptocurrency has reportedly not responded to a request from Switzerland's data privacy regulator.

Zurich Insurance Group has teamed with CoverWallet to launch a new SME insurance platform in Switzerland.

Private equity-backed Swiss FinTech major Avaloq has launched a new venture capital subsidiary to boost startups in the sector.

Switzerland-based SEBA Crypto has netted CHF 100m ($101m) in funding to build a FINMA licensed bank.

Blockchain Valley Ventures, a newly formed accelerator and venture capital firm, has launched.

European Mobile banking app Numbrs has raised a new undisclosed round of funding, which brings its total funding efforts to $150m.