30 Swiss fintechs to display cutting-edge innovation at Singapore festival

SINGAPORE�- Media OutReach - 19 August 2019 - Switzerland Global Enterprise and the
Swiss Business Hub ASEAN will showcase the best of their fintech ecosystem and
expertise through their partnership with 30 companies under its Swiss
Pavilion in the upcoming Singapore FinTech Festival (11 — 15 November 2019).

The Swiss Pavilion will host
cutting-edge innovation in financial services technologies that encompasses
regulation technology, blockchain solutions, big data and analytics, algorithm
trading and cybersecurity, among others. The pavilion, in its third consecutive
year of participation, will be one of the larger national pavilions taking part
at the Singapore festival.

The Swiss Pavilion aims to demonstrate
the pioneering work of Swiss companies, which already have a global reputation
for creating trustworthy, reliable and innovative financial institutions, to
Singapore and International audiences. The pavilion will present opportunities
for co-innovation, collaborations, partnerships and deal-making.

Patrik
Wermelinger, Member of the Executive Committee of Switzerland Global Enterprise
said: “The Switzerland Global Enterprise is pleased to showcase the Swiss
ecosystem of top financial institutions and leading Fintech players at the
Singapore Fintech Festival 2019. As one of the Top 10 Financial Centres of the
world, Switzerland offers the ideal combination of dense and diverse ecosystem
in the fintech space, a regulator addressing the needs of the industry and a
great pool of talents to create new solutions.”

Given
the historical strength of the Swiss financial services sector, the country’s
fintech ecosystem lists a variety of companies that operate as external
partners eager to propel traditional institutions around the world into the
next era of finance. Today, Switzerland is home to over 1,000 fintech companies
active in investment management, payment solutions, banking infrastructure and deposit
& lending.

Switzerland’s
Ambassador to Singapore, H.E. Mr Fabrice Filliez, said: “Interest from Swiss
fintech enterprises in Singapore has been growing rapidly. We have seen
escalating interest from Swiss fintech companies to spread their winds into
ASEAN using Singapore as a hub.   There is
potential for more Swiss-Singapore exchanges.”

Some
of the exhibitors at the Swiss Pavilion include: Algo Trader AG, Ambitorio AG, Avaloq
Asia Pacific Pte Ltd, Bitcoin Suisse AG, CoreLedger AG, Crypto Finance AG, Custodigit
AG, CV Labs, Cysec SA, ERI Banking Software Pte Ltd, F10 Fintech Incubator and
Accelerator, Fine Token, IMTF Pte Ltd, Jelurida Swiss SA, Metaco SA, Polixis, Sanostro
AG, Securysys SA, SIX Group Services AG, Swisscom Blockchain AG, SwissCom
Schweiz AG, Sygnum AG, Tradeplus 24 AG, and UBS.

The Swiss Business Hub ASEAN represents
the Switzerland Global Enterprise in this region.   They champion the interests of Swiss businesses
and are responsible for formulating and overseeing the engagements for the
promotion and development of trade and investments.