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Tag Archives: SWI Swissinfo.ch Weekly

Swiss ‘Unicorn’ Banking App Reincarnates as Bitcoin Vault

Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted as a rare Swiss fintech unicorn (worth at least CHF1 billion), has just announced it has transformed into a bitcoin storage vault. This is quite a startling strategic shift. More than two million people (mainly in...

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