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The Top 11 Fintech Startups in Switzerland in 2024: The 2024 ranking features 100 Startups, Yokoy is once again the highest ranking fintech.

Tenity and Copenhagen Fintech Launch the "New Nordic Challengers", a VC-backed pre-seed program to accelerate Nordic and Baltic Fintech Startups “By uniting the strengths of Tenity’s global innovation ecosystem and its hub in Tallinn, with Copenhagen Fintech’s deep commitment to nurturing fintech excellence in the Nordic region, we are setting the stage for a new era of financial innovation,” says Andreas Iten, CEO & Managing Partner of Tenity. “The ‘New Nordic Challengers’ program is more than just an accelerator; it’s a launchpad for the fintech pioneers of tomorrow.” https://lnkd.in/eb4-zz8Q Thomas Krogh Jensen #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Check out the «Fintech 100: The most promising fintech startups of 2024» list for yourself and your portfolio companies. 🙂 CB Insights has unveiled the seventh annual Fintech 100 (previously the Fintech 250) — a list of the 100 most promising private fintech companies in the world. · The 100 winners include 13 wealth management companies, 11 in embedded finance, and 10 in insurance. · $7.2B in equity funding raised over time, including more than $2B in 2024 so far (as of 10/23/2024). · Nearly 50% are early-stage companies (primarily seed/angel or Series A). · 52 companies from outside the United States, across 23 countries on 6 continents. This includes 17 companies from 11 emerging and developing economies. Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive. #Fintech #CompanyList

What’s Next? With increased size and market influence comes greater scrutiny. Unicorns and pentacorns are no longer seen as scrappy startups but as industry leaders expected to set standards and act responsibly. This heightened scrutiny extends to all aspects of the business—from governance and operations to social responsibility and environmental impact. Companies at this level must carefully manage their public image, comply with complex regulations, and balance profitability with ethical practices. Moreover, pentacorns often face the decision of whether to go public or seek alternative exit strategies. Preparing for an initial public offering (IPO) or another liquidity event requires careful timing, strategic planning, and a deep understanding of market conditions. The pressure to deliver consistent financial performance post-IPO adds another layer of complexity to the company’s operations. As these companies continue to grow, they must also invest in maintaining a strong corporate culture and retaining top talent. The challenges of scaling operations can sometimes lead to bureaucratic slowdowns, which can stifle innovation and agility. Therefore, it is crucial for pentacorns to cultivate an environment that encourages creativity, collaboration, and adaptability. Congrats to GCash for achievening such feat. https://lnkd.in/gPgqgB5V

FinTech funding slowed throughout this week’s funding rounds as only $332.65m was raised, despite a solid 21 deals being completed. The last seven days has seen a large drop in funding compared to previous weeks which have been headlined by a $1bn Wiz deal, and 26 deal showing a fortnight ago. However, this all came crashing down, with a little over $300m raked in this week. Despite this, there was still success throughout the sector, the pick of the bunch was FinTech platform FintechOS – which secured a $60m Series B+ led by Molten Ventures – following their reported 170% increase in operating margins. Behind them data privacy specialists Transcend also raked in big figures, landing $40m in a Series B round of their own. While FinTech continued to be at the epicentre of the deals, landing seven of the 22 completed, it was a superb week for the RegTech space – headlined by the Transcend above deal. RegTech Analyst, FinTech Global’s sister publication, covered 4 deals across the space, which made it the third most popular sector behind Fintech (7) and WealthTech (5), while InsurTech and PayTech racked up a hat trick of deals each. Internationally, it will come as little surprise that USA continued its tyrannical reign as the hub of FinTech investment. 12 of the week’s deals were completed by firms headquartered in the land of the free, over half of this week’s total. The UK maintained its second position with five deals, while Sweden, Israel, Canada, France, and Denmark all saw their companies land a solitary big investment. News credit FinTech Global #news #trending #viralnews #financenews #fintechnews #trendingnews

FirstBank hosts its sixth Fintech summit, launches an innovator pitch programme FirstBank, a leading financial institution in West Africa, is set to host its 6th annual Fintech Summit on November 13-14, 2024. Themed "Banking on Partnerships," the two-day summit will bring together global subject matter experts, innovators, and industry leaders to discuss the latest trends and advancements in financial technology. A major highlight of the upcoming summit will be the launch of the Fintech Innovators Pitch Programme, a key initiative aimed at empowering early-stage fintech startups. Selected startups will undergo an intensive training programme, gaining insights from industry experts and honing their business strategies. Participants will also have the unique opportunity to pitch their solutions to a panel of key stakeholders, including FirstBank executives, investors, and other industry leaders. The winning startups are expected to receive support from FirstBank, including strategic guidance, access to resources, and connections within the bank’s extensive network, enabling them to scale their products and services within the fintech ecosystem. With a focus on collaboration and innovation, the FirstBank Fintech Summit 6.0 is expected to serve as a platform for transforming ideas into actionable solutions to drive the financial services sector. The two-day event will feature keynote addresses, panel discussions, and networking opportunities, covering various fintech topics. #FirstBank #FintechSummit #Innovation #FinancialTechnology #StartupPitch #BankingonPartnerships

Why Focused is the Only Way to Grow In Payments Obvious? Maybe. Do many do it? Not really. Most Payments companies are foolishly obsessed with: - Global reach - Biggest number of Payments Methods - Securing the largest booth at the next Payments conference But here’s what I’ve noticed in the last few years of investing and working with payments startups: The most successful startups are not rushing to go global. They are taking their time to build the strongest competitive advantage they can build. They are not trying to do more than they can. They are working ONLY on what matters the most. Quality over quantity, Depth over Width. Remember: Payments is a long-term industry, not a hype-of-the-moment one. - Build Deep Technology - Build for Merchants - Build the Expertise And most of all? Don’t get carried away by what the next payments company is doing. I have shared the exact strategies of some of the most successful Payments companies in the world right here ...https://buff.ly/3RXzt7Z Where can your payments company be more focused?

Ever wondered what a FinTech Sandbox is? Imagine a controlled environment where financial startups can test their new products and services without the full weight of regulations. That's exactly what a FinTech Sandbox offers! It's like a playground for innovative ideas, allowing businesses to experiment and learn before launching their products to the public. Think of it as a safety net for financial innovation. By operating in a sandbox, these startups can identify potential challenges, refine their offerings, and ensure they meet regulatory standards. This ultimately benefits consumers by bringing new and exciting financial solutions to the market. Click https://bit.ly/44Wsb9c to request a Demo and see how Udara360 can revolutionize your business! . . . #Fintellia #Udara360 #UdaraCoreBanking #CoreBankingSystem  #CoreBankingSystemForStartups #CoreBankingSystemForDigitalBanks #CoreBankingSystemInNigeria #CoreBankingSystemInAfrica #CoreBankingSystemForFintech #DigitalBanking #Udara360Banking #NextGenFintech #InnovationInFinance #FutureOfBanking #TechStartups #FinancialServices #BankingSolutions #FintechSolutions #FintechInfrastructure #StartupFinance #DigitalTransformation #UdaraForStartups #BankingInnovation #FinTech

Fintech Innovation Hubs: Global Comparison https://shorturl.at/w1FSc 🌍💸 Dive into the world of FinTech innovation hubs! From Silicon Valley to London, discover how these ecosystems fuel FinTech startups and drive financial services forward. Each hub boasts unique strengths, from cutting-edge technology to diverse talent. Let’s explore how these global hotspots are reshaping the FinTech industry and fostering innovation for a more inclusive financial future! 🚀✨ #FinTechinnovationhubs #FinTechhub #FinTechstartups #Globalhubs #FinTechindustry #IW #IWNews #IndustryWired

After a period of uncertainty, confidence is returning to the European #FinTech sector! Finextra reports on a recent survey by MHP Group that 83% of UK FinTech leaders, 80% of French, and 77% of German leaders expect growth in the next year! 🚀 Read the full article here. (https://lnkd.in/de8RHdYd) As the sector matures, profitability is becoming the main focus. 💡 Attracting customers, investors, and talent are the top three factors for achieving profitable growth! 💯 And speaking of growth, keep an eye on these 5 hot European FinTech startups based on customer growth potential, innovative solutions, and market traction: Runa (UK-based): A payments company enabling businesses to make seamless payouts. 🌟 Ivy (German-based): An #OpenBanking fintech broadening the network of payments globally. 🇩🇪 Finom (Dutch-based): A financial management platform for SMEs and freelancers. 📊 Brite Payments (Swedish-based): Offering instant pay-ins and pay-outs using open banking. 💳 Wagestream (UK-based): Allowing employees to draw down a percentage of their income to cover costs. 💰 Interested to know what their #marketingstrategy is and how they achieved this growth? Check out the full article below to learn more! 📰