With a share of 10% of all FinTech companies in Europe, Switzerland is one of the leading innovation centers. This share is particularly remarkable when one considers that only just over 1 % of all European inhabitants live in Switzerland. (by Klara Krämer)
The fact that so many FinTechs are located in Switzerland is certainly not only due to advantageous tax regulations and legal framework conditions, but also to innovative business models. The focus on distributed ledger technology is striking in Switzerland, especially in Crypto Valley Zug. In the meantime, 250 crypto companies have already settled there or are planning a location . However, Switzerland cannot rest on its laurels: to remain a leading innovation center, it constantly needs new FinTechs with innovative ideas. In order to identify gaps in the existing range of Swiss blockchain FinTechs and thus the innovation potential for further services, I analyze in this article the current service offering of the Swiss blockchain FinTech scene.
My analysis is based on data from the crunchbase platform and the FinTech Map from e-foresight. The search for blockchain/DLT FinTechs based in Switzerland resulted in 167 hits. Of these, 117 blockchain/DLT FinTechs still have a valid Internet presence.
In addition to demographic data, the primary technology used, the customer target group, the service offering and the value proposition of each company were investigated and documented.