Head of Sibos Sven Bossu revealed in his interview with bobsguide that there would be something new to look out for at the event in Geneva, as banking executives are increasingly embracing fintech. An area called the Swiss Lounge will provide 25 fintech startups with a space and a voice to showcase their products and services to the SWIFT community. This is the first time that this has been done and Bossu highlighted that this is something that the Sibos team would like to carry on doing moving forward and especially for the next two years. Here’s a list of some of the hottest fintechs in Switzerland that you should be keeping your eye on:
DealMarket
Industry: Crowdlending
Founded: 2011
Provider of fundraising and deal fund management platforms that banks currently use for these purposes.
Qumram
Industry: Cyber Security
Founded: 2011
Qumram provides solutions that can record and replay any digital interaction on the web, on mobile devices and on social media.
Go Beyond Investing
Industry: Investment
Founded: 2011
Provider of early stage capital to entrepreneurs that are looking for investment and allows all investors to access angel investing as an asset class through its platform.
Xapo
Industry: Blockchain
Founded: 2012
Bitcoin wallet provider that offers it in two different ways: an easy-access wallet and a locked down vault, combining everyday convenience and security in saving.
Knip
Industry: Insurtech
Founded: 2013
Funded by VC investment from the Netherlands, the US, Germany and Switzerland, Knip manages insurance using a mobile application and tracking tools.
True Wealth
Industry: Wealth Management
Founded: 2013
An independent asset manager and member of the Swiss Association of Asset Managers (SAAM), offers investors full transparency.
TawiPay
Industry: Money Transfer
Founded: 2013
TawiPay has won awards for its electronification of the remittances industry, which has led to the Swiss government and the International Organisation for Migration partnering with the fintech to increase financial reach to migrant communities.
Metaco
Industry: Trading
Founded: 2014
Metaco offers up blockchain reliant smart contract trading solutions that are supported by distributed ledgers.
CreditGate24
Industry: Peer-to-Peer Lending
Founded: 2014
Headquartered in Ruschlikon, this platform connects borrowers with private and institutional investors and offers them a settlement of loans.
Ethereum
Industry: Blockchain
Founded: 2014
A decentralised platform that runs smart contracts without third party interference, fraud or censorship that was developed by a non-profit in Switzerland.
iProtus
Industry: Blockhain
Founded: 2015
iProtus acts as a blockchain competence centre for many sectors such as smart contracts, Internet of Things and cryptocurrencies.