09/08/23

Recent FinTech Trends And Developments In Switzerland

After a slight decline in 2021, the Swiss FinTech industry rebounded in 2022. Switzerland was home to around 437 FinTech companies in 2022 which was an increase of 53 compared to 2021, and total funding for such FinTech companies increased by 36 per cent to CHF 605 million up from CHF 446 million, according to the FinTech Study 2023 of the Lucerne University of Applied Sciences and Arts [1]. The growth was led by an increase in FinTech companies operating in the segments of investment manage-ment and banking infrastructure, followed by payment services and loans and deposits [2].

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