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The Most Developed Fintech Activities in Switzerland
Updated on Friday 05th October 2018 Rate this article
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based on 4 reviews
The Swiss fintech sector evolved at a rapid pace in the last years and this is why the procedure of company formation in Switzerland is recommended in this case. The country has more than 200 companies that are performing operations in the fintech sector, but their number is much higher, if other fintech-related businesses are taken into consideration. Our team of specialists in company formation in Switzerland can offer assistance on how to start a fintech business. What are the top fintech activities developed by Swiss companies?
Those who are interested in opening a company in Switzerland that will conclude business activities in the fintech sector should also know that more and more Swiss financial institutions have implemented fintech services, marking a new era for the manner in which financial services are delivered to the general public. Companies in Switzerland perform the following activities:
- • some of the key activities developed in Switzerland refer to robo-advisory, platforms for crowdfunding and crowdlending activities;
- • Switzerland is also known for having developed payment systems services;
- • the country is also known as one of the leading destinations at a global level for cryptocurrency activities, being one of the first country to ever use this new type of currency;
- • another top activity refers to initial coin offerings (ICOs), with Zug being the leading Swiss location on the matter.
Does a fintech business need a license in Switzerland?
Due to the fact that the fintech business will also perform operations related to the financial sector, certain categories of businesses will need to comply to the legislation prescribed for any financial operator; our team of consultants in company registration in Switzerland can assist with advice on the main business permits addressed to type of company.
If this is the case, the company will need a license issued by the Swiss Financial Market Supervisory Authority (FINMA), which is generally required for investment funds, banking institutions, insurance companies, fund management companies and others. Investors can contact our team of specialists for more details on the regulations addressed to the fintech sector.
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Paul Gheorghiu is one of our experienced company formation agents. He will help you register your company in Switzerland as fast as possible.
Call us now at +41 41 266 0070 to set up an appointment with our experts in Zug, Switzerland. As a Sig Fiduciaire client, you will beneficiate from the expertise of our local consultants for opening a company in Switzerland.
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