Switzerland enjoys an international reputation as a trustworthy, reliable and innovative financial center. Years of experience in the banking and insurance sector combined with technological expertise and a well-developed infrastructure provide excellent conditions and a first-class ecosystem for the fintech sector. With the amendment to the Banking Ordinance and the creation of a business-model-neutral fintech license early on, Switzerland did pioneer work: market entry barriers for fintech companies were reduced and the competitiveness of the Swiss financial center sustainably increased. By putting the new DLT Framework into force in 2021 and authorizing SIX Digital Exchange, the world’s first regulated exchange for digital assets, Switzerland continues to provide the necessary framework conditions for emerging technologies to thrive.
As a traditionally strong financial center with infrastructure close to universities, Switzerland offers ideal conditions for driving innovations in the fintech scene.