Fintech Fusion: ‘Reinforcing the Position of Switzerland as a Worldwide Hub’ for Innovation
Fintech Fusion calls themselves “the Swiss Fintech Factory.” The startup incubator wants to provide new businesses in the financial tech sector with opportunities to accelerate their operations. They are calling for applications for their 2015 class, which will be their first. Interested fintech startups will have until June 15 to hand in applications. CoinTelegraph held an exclusive interview with Sébastien Flury, the incubator’s program director. CoinTelegraph: Why do you believe in the future of fintech enterprises? “Banks have to reinvent themselves in the face of technology. They have....
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Fusion has announced its selection of the first ten FinTech startups. This is Fusion's first FinTech accelerator program in Geneva, Switzerland, and the program has seen the participation of several start-ups coming from seven different countries. The project claims that it aspires to bring together a large group of stakeholders. For now, the project covers the following sectors: Payment. Big Data / Information. Crowd-Funding / Lending. Trading. (Digital) Banking. Personal Finance Management. Bitcoin / Blockchain. Wealth Management. Created by Polytech Ventures, Fusion was launched in the....
Although the draft for these new regulations has yet to be created, the government is hopeful they can shake up the Swiss banking sector. Regulation is always a double-edged blade. On the one hand, guidelines can help legalize new currencies and financial tools. At the same time, these rules can nip innovation in the bud at a very early stage. Switzerland wants to ease up on fintech regulation, which is excellent news for Bitcoin activity in the country. New rules have been proposed by the Swiss government to encourage fintech startups in the country. By easing these regulatory guidelines,....
With London moving out of the European Union, Germany, Switzerland, Greece, and Lithuania emerge as potential fintech hubs of the future. London has so far been considered as the financial powerhouse of the European Union. With Britain, all set to separate from the EU following its Brexit vote, the position is now open for others to fill in. While Germany and Switzerland remain the most favored replacement for London, there are two unlikely contenders — Greece and Lithuania making a hard push to attract fintech and blockchain startups into their country. Since the announcement of Brexit,....
The Hong Kong Monetary Authority has revealed that it is establishing a Fintech Innovation Hub and a supervisory sandbox that will permit banks to conduct proof of concept trials and services as the country attempts to boost the development of Fintech in the financial services sector. In a speech at a summit in Hong Kong, Chief Executive of the Hong Kong Monetary Authority (HKMA), Norman Chan, said that the Fintech Innovation Hub ‘allows regulators to provide early inputs to the trial works before the actual implementation.’ He added: While some of the largest banks have built their own....
Fintech Australia is a national Australian Fintech Industry Association. Their vision is to make Australia one of the world’s leading markets for Fintech innovation and investment. Founded in October 2015, their membership base now comprises over 70 startups, venture capital funds, hubs and accelerators across Australia that specialise in Fintech. As a not-for-profit organisation, they support the Australian Fintech community, build awareness and trust in Fintech startups and advocate for better policy on behalf of our members. Fintech Australia is the voice for Fintech innovation in....