Description
SIX FinTech Ventures is the corporate venture capital arm of SIX, a CHF 50 million fund that invests in early-stage startups offering new services, more efficient processes, or ways to capture new customer groups within the financial industry. It aims to provide the Swiss and Spanish Financial Centers with cutting-edge technologies, business models, and solutions that meet evolving customer expectations, positioning itself as a trusted partner for startups looking to grow and establish themselves in the financial industry. The fund is closed to new investments and currently manages its existing portfolio, with all new early-stage investments now made through Tenity and its funds; Tenity manages the SIX FinTech Ventures fund on SIX's behalf. Its investment focus spans wealth management, capital markets, RegTech, and token ecosystems, leveraging emerging technologies such as blockchain, artificial intelligence, big data, IoT, and AR/VR. It mainly invests in startups from Switzerland and Western Europe (opportunistically elsewhere globally), focusing on Seed to Series A stages with initial tickets of CHF 200,000 to CHF 3 million. Beyond capital, SIX FinTech Ventures, in close collaboration with Tenity, offers coaching, consulting, and networking connections across the financial industry, backed by SIX's international shareholder structure of over 120 banks. Its portfolio includes companies such as Doconomy, Edgeless Systems, Fundcraft, Keyrock, Obligate, Perk (formerly Yokoy), PXL Vision, RaiseNow, Relio, TAINA, Toqio, Tradeplus24, TrueTurn, and vestr.