Fintech Laws And Regulations 2019

1 The Fintech Landscape

1.1 Please describe the types of fintech businesses that are active in your jurisdiction and any notable fintech innovation trends of the past year within particular sub-sectors (e.g. payments, asset management, peer-to-peer lending or investment, insurance and blockchain applications).

The Swiss fintech landscape has evolved significantly over the past years and Switzerland continues to be an attractive base for innovators in the financial sector. More than 300 active companies in various sectors form the core of the ecosystem of start-ups and aspiring young fintech businesses that have been founded in the recent past. New start-up projects continue to emerge on a regular basis. However, the scope of fintech in the Swiss market is much broader, with many established financial institutions entering the space in the recent past. As a result, the distinction between fintech and traditional financial services has become increasingly blurred.