Swiss crypto neobank Sygnum lands $40m growth investment
Sygnum says it will use the capital to expand into new markets and further develop its product suite.
Sygnum says it will use the capital to expand into new markets and further develop its product suite.
Our weekly fintech round-up for you to get the latest funding news from across Europe.
The two institutions have gone live with the vendor’s Temenos Transact core banking solution.
The global network aims to boost the economic development of the Amazon region.
Metaco will work with the bank’s existing partner Avaloq to deploy its digital assets offering.
Varela previously spent more than 16 years at Credit Suisse in a number of senior tech-focused positions.
Project Guardian aims to share knowledge about the benefits and risks of asset and fund tokenisation.
Coop says its “super-app” will provide banking services, payments and pension solutions to its customers.
The bank is to integrate its newly-digitised trade flows into its DLR tech stack on Broadridge’s platform.
The project was completed between BIS, Banque de France, MAS and the Swiss National Bank.
The upgraded core is anticipated to attract new foreign investment to the island’s development projects.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Current deputy CEO Birgit Rutishauser will assume the position of interim CEO from 1 October.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
Alpian has named Gianmarco Bonaita, who previously served as the deputy CEO, as the interim CEO.
Orion is an implementation partner of Temenos, deploying core and digital banking solutions for its clients.
Temenos has tasked its delivery partner, Orion Innovation, with implementing the new core.
Emödi has over 20 years of experience in compliance and risk management within the financial sector.
Computop’s founders, Frank Arnoldt and Ralf Gladis, previously held 50% of the company’s shares each.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
With NetGuardians’ solution, the bank aims to strengthen its fraud prevention capabilities.
Convera will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems.
Laser says the deal will help bring cross-asset post-trade capabilities to institutional digital asset investors.
The SNB is set to launch a new wholesale CBDC pilot on the SIX digital exchange.
To facilitate its expansion, the start-up has submitted licence applications in multiple European countries.
The acquisition will enable Compass to become a consumer credit operator in the Swiss market.
With the funding, Teylor plans to facilitate its growth and enable it to meet the financing needs of SMEs.
Ripple’s CEO says the deal is “monumental for our growing product suite and expanding global footprint”.
The bank will utilise NetGuardians’ financial crime solutions to tackle growing issues such as APP fraud.
Credit Suisse CEO Ulrich Körner will join UBS’s executive board upon completion of the acquisition.
Radicant will deploy NetGuardians’ AI-led software to enhance payment protection.
PostFinance customers can now access regulated, bank-grade cryptocurrency services.
Ermotti was previously group CEO of UBS for nine years between 2011 and 2020.
Saudi National Bank was the largest shareholder in Credit Suisse before it was taken over by UBS.
The new business entity will be worth more than $5 trillion, with invested assets worth more than $1.5 trillion.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
Tintra plans to link emerging market clients with global financial opportunities.
The fintech’s board dismissed Bally over differences in approach to “leadership and communications”.
Credit Suisse, Deutsche Bank, Pictet Group and Arab Bank Switzerland all participated in the round.