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Study: Swiss FinTech Sector Grows, While Traditional Banks Decline

Published 04/01/2019, 06:25 PM
Updated 04/01/2019, 10:22 PM
Study: Swiss FinTech Sector Grows, While Traditional Banks Decline

A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1.

The report dubbed “IFZ FinTech Study 2019” was prepared by the Lucerne University of Applied Studies with an aim to show developments in the fintech industry in 2018 and analyze how banks position themselves vis-avis the fintech industry.

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