30 Swiss fintechs to display cutting-edge innovation at Singapore festival

August 19, 2019 - 02:09
30 Swiss fintechs to display cutting-edge innovation at Singapore festival

SINGAPORE Media OutReach - 19 August 2019 - Switzerland Global Enterprise and theSwiss Business Hub ASEAN will showcase the best of their fintech ecosystem andexpertise through their partnership with 30 companies under its SwissPavilion in the upcoming Singapore FinTech Festival (11 -- 15 November 2019).

The Swiss Pavilion will hostcutting-edge innovation in financial services technologies that encompassesregulation technology, blockchain solutions, big data and analytics, algorithmtrading and cybersecurity, among others. The pavilion, in its third consecutiveyear of participation, will be one of the larger national pavilions taking partat the Singapore festival.

The Swiss Pavilion aims to demonstratethe pioneering work of Swiss companies, which already have a global reputationfor creating trustworthy, reliable and innovative financial institutions, toSingapore and International audiences. The pavilion will present opportunitiesfor co-innovation, collaborations, partnerships and deal-making.

PatrikWermelinger, Member of the Executive Committee of Switzerland Global Enterprisesaid: "The Switzerland Global Enterprise is pleased to showcase the Swissecosystem of top financial institutions and leading Fintech players at theSingapore Fintech Festival 2019. As one of the Top 10 Financial Centres of theworld, Switzerland offers the ideal combination of dense and diverse ecosystemin the fintech space, a regulator addressing the needs of the industry and agreat pool of talents to create new solutions."

Giventhe historical strength of the Swiss financial services sector, the country'sfintech ecosystem lists a variety of companies that operate as externalpartners eager to propel traditional institutions around the world into thenext era of finance. Today, Switzerland is home to over 1,000 fintech companiesactive in investment management, payment solutions, banking infrastructure and deposit& lending.

Switzerland'sAmbassador to Singapore, H.E. Mr Fabrice Filliez, said: "Interest from Swissfintech enterprises in Singapore has been growing rapidly. We have seenescalating interest from Swiss fintech companies to spread their winds intoASEAN using Singapore as a hub.   There ispotential for more Swiss-Singapore exchanges."

Someof the exhibitors at the Swiss Pavilion include: Algo Trader AG, Ambitorio AG, AvaloqAsia Pacific Pte Ltd, Bitcoin Suisse AG, CoreLedger AG, Crypto Finance AG, CustodigitAG, CV Labs, Cysec SA, ERI Banking Software Pte Ltd, F10 Fintech Incubator andAccelerator, Fine Token, IMTF Pte Ltd, Jelurida Swiss SA, Metaco SA, Polixis, SanostroAG, Securysys SA, SIX Group Services AG, Swisscom Blockchain AG, SwissComSchweiz AG, Sygnum AG, Tradeplus 24 AG, and UBS.

The Swiss Business Hub ASEAN representsthe Switzerland Global Enterprise in this region.   They champion the interests of Swiss businessesand are responsible for formulating and overseeing the engagements for thepromotion and development of trade and investments.