Category Archive: 6c.) Fintechnews

56 Fintech Billionaires Worth a Combined US$327B in 2021

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech companies in the world including Ant Group, PayPal, Stripe and Klarna.

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Swissquote Adds 9 Additional Cryptocurrencies for Retail Trading

Swiss banking group Swissquote announced that it is expanding its cryptocurrency offering with nine additional ones.

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Societe Generale Issues Structured Products as Security Token on Public Blockchain

Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network.

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Delta Exchange Closes US$5 Million Raise From Blockchain Valley Ventures Among Others

Delta Exchange, a UK-based institutional-grade crypto derivatives exchange, announced that it has closed a US$ 5 million token raise from existing and new investors where Swiss venture firm Blockchain Valley Ventures (BVV) backed and advised the former on their token raise.

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PayPal Allows American Customers to Use Cryptocurrencies for Purchases

PayPal announced the launch of Checkout with Crypto, where US customers will be able to choose to check out with crypto seamlessly. Building on the ability to buy, hold and sell cryptocurrency with PayPal, customers using Checkout with Crypto can check out safely and easily, converting cryptocurrency holdings to fiat currency, with certainty of value and no additional transaction fees.

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Austrian Crypto Broker Bitpanda Secures Unicorn Status With $170 Million Funding

Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion. The funding round was led by Valar Ventures with participation from partners of DST Global. Bitpanda had also previously secured $52 million during its Series A from Valar Ventures. The Series B was signed last week and...

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Digital Asset Adoption Gains Momentum With US$26 Billion in Bitcoin Transactions

Bitcoin’s recent price surge has accelerated institutional adoption of cryptocurrencies leading to institutional investor pouring an estimated US$26 billion into bitcoin over the past eight months, an analysis by SNGLR Group shows.

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Switzerland and Estonia Among Europe’s Most Advanced Blockchain Ecosystems

In Europe, Switzerland, Estonia, Malta and Cyprus have the most advanced and mature blockchain ecosystems with well-developed startup scenes and high levels of regulatory maturity, a paper by the EU Blockchain Observatory and Forum says.

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Switzerland’s Blockchain Fintech Industry in 2021

Switzerland is home to 130 startups that are applying blockchain and distributed ledger technology (DLT) to finance use cases, new data from Swisscom show. Most of these companies (48%) operate in the banking infrastructure vertical, followed by investment management (24%), and payments (21%).

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