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 startups have the particularity that they have technology capable of competing and challenging large banks, even being these who set the pace of innovation. It is said that without the appearance of these independent companies, the current services of the banks would be stagnant and similar to those of…
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The company’s vice president is impressed by the regulatory framework of Bermuda, and hoped to work with the government to help promote the growth and expansion of the digital asset and FinTech industry. Signature Bank, a banking entity based in New York, will soon offer full banking services to financial…
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The not-so-well-known Munich-based startup NDGIT yesterday cut out one of these “That can be said by anyone” press releases, which in fintech-typical modesty means that in 2018 “with strong growth and broad internationalization, they have come to the top European B2B Fintechs “, gained more than 20 banks as customers,…
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The Swiss fintech sector continues to enjoy very good conditions, write Prof. Dr. med. Thomas Ankenbrand, Prof. dr. Andreas Dietrich and Denis Bieri from the Lucerne University of Applied Sciences. “In the global fintech hub ranking, the cities of Zurich and Geneva continue to be ranked 2 and 3 respectively,”…
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Just a few weeks ago, JP Morgan Chase, one of the largest financial institutions in the world, shocked the cryptographic space. For those who missed the memo, the Wall Street pillar revealed plans to launch their own digital asset, based on the private accounting book Ethereum-Esque Quorum. Due to its…
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There are very famous startups that nobody knows exactly what they do and other unknown ones who, in silence, move towards ambitious objectives. Rebellion Pay belongs to the second category. Founded last year and participated mainly by Gala Capital, Rebellion has become the first Spanish ‘fintech’ to obtain a banking…
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N26 sets new standards within the banking industry when it comes to flexibility in terms of cash withdrawal or deposit. In Austria, in addition to the approximately 8,600 ATMs, the cash desks of the drugstore dm, the supermarkets Billa, Merkur and Penny are now available. In total, the possibility of…
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To achieve digital transformation and innovation in Latin America comes the first version of Digit Latam, the event that aims to integrate and unify the corporate world and startups in a single platform. According to Ariel Valverde, regional director of Digit Latam, this first event aims to provide executives and…
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In November 2018 the Uruguayan fintech Bankingly (owned by Inforcorp) specialized in digital financial services had obtained US $ 5.25 million from Elevate Equity (Indian funds) and from The Rise Fund (one of the largest in the world) from which part the Irish musician Bono, vocalist of U2. Raise Equity…
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