Share on LinkedInShare on LinkedIn

ARTICLE · 15 JULY 2024

Market Intelligence Thought Leadership Award Winner

Fintech 2024

Bär & Karrer Ltd.
Bär & Karrer Ltd.
Contributor
Bär & Karrer Ltd.

Bär & Karrer Ltd.

Bär & Karrer is a leading Swiss law firm with more than 200 lawyers in Zurich, Geneva, Lugano, Zug,...

View firm profile
Explore more from Bär & Karrer Ltd.

Switzerland offers a friendly environment for companies in the fintech sector. According to a market study, a total of 483 fintech companies were active in Switzerland...

SwitzerlandTechnology
Daniel Flühmann
Daniel Flühmann
Peter Hsu
Peter Hsu
Author LinkedIn connections

1 The Fintech Landscape

1.1 Please describe the types of fintech businesses that are active in your jurisdiction and the state of the development of the market, including in response to the COVID-19 pandemic and ESG (Environmental, Social and Governance) objectives. Are there any notable fintech innovation trends of the past year within particular sub-sectors (e.g. payments, asset management, peerto-peer lending or investment, insurance and blockchain applications)?

Switzerland offers a friendly environment for companies in the fintech sector. According to a market study, a total of 483 fintech companies were active in Switzerland by the end of 2023 in comparison to 437 by the end of 2022 (an increase of 10.5%). The number of companies active in the field of blockchain/distributed ledger technology ("DLT") increased to 135 companies in 2022 vs. 113 in 2021 and continued to rise to 175 companies in Switzerland and Liechtenstein (all figures: IFZ Fintech Study 2024,

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

When AI Agents Pay: The Legal Challenges Of Agentic Payments In Switzerland

AI agents no longer merely recommend purchases — they are beginning to select merchants, conclude transactions and pay, within mandates their users define in advance. For Swiss banks and fintechs, this shifts the legal question from whether an institution may deploy an autonomous agent to whether a customer can validly authorise today a payment whose amount, counterparty and timing will only be determined tomorrow. The payment mandate, not the individual payment instruction, becomes the decisive legal control point.
SwitzerlandTechnology
RUGGLE Partner
RUGGLE Partner
Article

Control, Responsibility And Governance Of Autonomous AI Agents In Swiss Fintech

As autonomous AI agents increasingly perform decision-making functions within financial institutions, Swiss fintechs must confront fundamental questions of control, accountability and governance. Existing regulatory obligations remain fully applicable: autonomy in the machine does not displace responsibility in the firm. The task is to build oversight frameworks that keep pace with technological independence rather than yield to it.
SwitzerlandTechnology
RUGGLE Partner
RUGGLE Partner
Article

Bär & Karrer Advises Medbase In Its Acquisition Of Ardentis

Medbase AG, part of the Migros Group and a leading Swiss healthcare provider with a nationwide network of medical centres and pharmacies, has acquired a majority stake in the Ardentis Group, one of the leading providers of dental services in French-speaking Switzerland. The transaction strengthens Medbase’s position in the Swiss healthcare market and combines its nationwide healthcare platform with Ardentis’s established presence in the dental sector.
SwitzerlandCorporate/Commercial Law
Bär & Karrer Ltd.
Bär & Karrer Ltd.