The Swiss Fintech Affiliation (SFA) and the Swiss Finance + Expertise Affiliation (SFTA) introduced their merger.
The merger was permitted on December 18 by the final assemblies of each organizations on the request of their boards. Working beneath the unified identify Swiss FinTech Affiliation (SFTA), the organizations will be a part of forces to sustainably strengthen the expansion, competitiveness, and progressive capability of the Swiss fintech sector.
Mixed Experience
- Swiss Fintech Affiliation (SFA): Centered on advocating for its members’ pursuits with policymakers, regulators, and companies. It established the Fintech Truthful to showcase member improvements, foster dialogue, and improve the worldwide visibility of the Swiss fintech scene. Its membership base consists of outstanding firms from the Swiss fintech business.
- Swiss Finance + Expertise Affiliation (SFTA): Recognized for its community with energetic regional chapters recurrently organising meetups {and professional} occasions. These actions have enabled members to be taught from each other, provoke collaborations, and set up new enterprise connections. Its members embody fintech firms, people, and traders. The SFTA has additionally constructed quite a few worldwide partnerships with different fintech associations.
“We’re satisfied this merger represents a logical and constant step ahead,”
says Thomas Brändle, President of the SFA.
“Combining our competencies creates a stronger, unified voice for the pursuits of the fintech business, giving us extra affect with political and regulatory decision-makers.”
“This merger creates a robust, unified voice that advances the Swiss fintech ecosystem. The Swiss FinTech Affiliation (SFTA) will change into an much more efficient associate for members, market members, and stakeholders, considerably contributing to the power and growth of Switzerland’s monetary sector,”
explains Philip Weights.
Broad Fintech Experience within the New Board
The “Merger of Equals” will probably be led by Co-Presidents Thomas Brändle and Philip Weights and a balanced board representing each organizations. The board members deliver intensive expertise and a robust business community. The brand new board consists of the next people:
- Thomas Brändle: Co-founder of the Swiss Fintech Affiliation, founder, and former managing director of Run my Accounts.
- Philip Weights: Former Senior Vice President of EFG Financial institution and former administration roles at HSBC and Citibank.
- Silvan Andermatt: Lively in quite a few blockchain and fintech startups.
- Roger Bossard: Founder, CFO, and COO of the crowd-lending platform Crowd4Cash.
- Agata Marty: CEO of FINcredible.
- Christian Meisser: Founder and CEO of LEXR, Switzerland’s largest regulation agency for tech firms.