FinTech made in Switzerland Finance. Technology. Innovation. Follow #FinTechCH.

A study conducted by the EPF Lausanne on behalf of SIX and Swisscom



The Swiss economy is one of the most competitive in the world. In order to meet the challenges of increasing digitalisation effectively, it needs to take action.

Read here what is needed to move Switzerland into a successful digital future on the world stage.

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The network infrastructure forms the basis for all digital solutions and is the driver of all technological advances.

The ICT infrastructure in Switzerland is highly competitive. However, mobile broadband usage is constrained by strict regulatory requirements and the associated costs.
The EPFL study also identifies room for improvement in the fintech segment.

Digitalization introduces new data protection challenges.

Switzerland is currently ranked in the top three countries for server security. It has an excellent reputation globally for responsible data management and effective data protection. According to the EPFL study, Switzerland is therefore ideally positioned to become a global "safe haven for data" and a prime location for "big data" centres.

The Swiss economy has a reputation for being exceptionally innovative. But entrepreneurial spirit is in short supply.

Start-ups experiment, use new methods and cutting-edge technologies. But there is no start-up culture in Switzerland comparable with that found in the US, for example. The EPFL suggests to improve the environment for start-ups through financing and taxation.  

Open data is data that anyone can access, use, or share. Sources vary and include governments, scientific organizations, media and businesses.

Promoting open data models will make Switzerland a more attractive location for developing new digital business models. Overly rigid regulations can hold back this development. The pace of digitalization within public services should be increased.

Digital literacy is the foundation for establishing and developing digitalization in any society.

According to the EPFL, programmes to promote digital literacy, and deliberately shifting services to digital channels are equally beneficial. The study also suggests to simplify or renew immigration rules for highly qualified individuals, trainees and start-up companies.

SIX bears great responsibility for the Swiss financial industry. We have set ourselves the target of strengthening the FinTech scene in Switzerland and, in doing so, helping the financial center continue to move forward.

"Financial technology will radically change our lives."

Susanne Chishti is the CEO of FINTECH Circle, the first European angel investor network to focus on fintech. She is the co-editor of The FINTECH Book, the 1st book on the global fintech sector.

"It requires a clear commitment from the politicians in Berne."

Thomas Sutter, Deputy CEO of the Swiss Bankers Association, on the framework conditions for FinTech in Switzerland and on how and why his association is giving its support to it.

"SIX will assume a leading role in the digitalization of finance."

Christoph Birkholz, co-founder and managing director of the Impact Hub Zurich, on innovation through collaboration and the partnership with SIX.

"Technology sets limits for us while at the same time opening up solutions."

Benjamin Weber, an information technology student at ETH, is passionate about taking part in hackathons. At the #SIXHackathon 2016 Paymit workshop, he and his "TipIt" team were prizewinners.

"Hackathons are no guarantee for successful innovations."

Jonathan Isenring and Rasmus Rothe are co-founders of HackZurich: the team of students and graduates from Zurich universities has staged the biggest Hackathon in Europe for the second time.

Financial technology at the highest level – efficient, secure, stable. This is what SIX stands for. Thanks to our infrastructure, Switzerland is now one of the highest-competitive financial centers in the world. Which is how things should stay. As such, we are moving forward with innovative developments for the Swiss financial center and making a strong case for FinTech in Switzerland.

For strong financial market participants

Our products and services support banks and all other financial market participants in boosting their efficiency and ability to innovate.

For the efficient implementation of regulation

With a comprehensive product and service offering, we help financial market participants meet regulatory requirements efficiently.

For technological innovation

Our vision: enabling the use of new technologies for our customers as quickly as possible – creatively and without compromise, with innovative products and fresh ideas.

For modern payment solutions

We aim to offer all consumers the best payment solutions regardless of the situation.

SIX recognizes relevant technologies and makes them usable as quickly as possible. We develop innovative solutions in collaboration with our clients.

Collaboration with Rinspeed

Revving up for the future

Surprising collaborations with companies outside the financial sector, such as Rinspeed, help SIX develop targeted products and services for the benefit of its clients.

Hosted start-up

Getting the ball rolling

As part of the hosted start-up program in the FinTech Incubator F10, Veezoo is able to make use of SIX’s infrastructure, coaching and data. In return, SIX benefits from the cultural exchange.


No rest for the whiz kids

At the SIX Hackathon, small teams of talented young IT specialists work hard to find new solutions. Their goal: to present a top-class jury with a fully functioning prototype in just 36 hours.

In August 2015, SIX opened its F10 FinTech Incubator. Here, a core team works with SIX employees, external specialists, start-ups and founders, taking an active role in the development of new technologies.

"My vision is for SIX to establish itself as an enabler in the FinTech field. We are predestined for this."

Andreas Iten, who is responsible for technology innovation at SIX and Executive Sponsor of the F10 Incubator, speaks about the opportunities presented by FinTech.

"Programming is a creative process: in a short time, something brand-new and usable is created from nothing."

Géza Mihala and his team won the SIX Hackathon in late March 2015. In early July, the software developer was one of the first to move into the SIX Fintech Incubator.

"We want to create a place of work that is different from a normal office environment."

The young architects' practice Daluz González & Cajos is using simple methods to turn the F10 SIX FinTech Incubator into an innovative ideas workshop.

"I would like to be part of something new."

Getting the ball rolling, encouraging people’s sense of curiosity, and discovering new things are what drive Jasmin Novotni. She is one of more than 50 innovation legionnaires at SIX.  

Paymit: an innovation from SIX

Launched in May 2015, Paymit is a simple and secure mobile payment solution provided by the SIX, UBS, Zürcher Kantonalbank and Swisscom partner network. Following the successful establishment of payments between individuals (P2P) and to charitable organizations, Paymit will be extended to cover a number of retail solutions (point-of-sale, in-app and e-commerce) this year. The first retailers will roll out Paymit in February. And starting in the second quarter of 2016, individuals will be able to use Paymit for online purchases.

SIX turns your smartphone into a wallet

SIX, UBS and Zürcher Kantonalbank launch Paymit in Switzerland. After just one month, the payment app has more than 40,000 active users.

Four additional banks join Paymit

Banque Cantonale de Genève, Banque Cantonale Vaudoise, Luzerner Kantonalbank and Raiffeisen wish to offer their customers Paymit.

SIX and Swisscom become partners

In a strategic partnership SIX and Swisscom keep building out Paymit: the app will be extended to cover a number of retail solutions (point-of-sale, in-app and e-commerce).

New partners and first retail functions

Switzerland's most popular payment app continues to grow: the Obwalden, St. Gallen and Zug cantonal banks opt for Paymit too. First retail payments are possible.