The spirit of Fintech past and the spectre of Fintech future
It was a busy 2019 for Swiss fintech and there is promise for more to come in 2020. Here’s a round-up of fintech past and my observations of how things may shape up in the coming months. Licenses The year 2019 started with the arrival of a new breed of Fintech banking license, designed to allow small financial players to accept up to CHF100 million in deposits, but with restrictions. One notable restriction so far, is that FINMA has yet to issue a single license. That’s something that will surely be rectified in the first quarter of 2020? Читать дальше...