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Swiss Fintech Startup Becomes a $1 Billion Unicorn

Zurich based banking startup has raised a $40m equity financing at a valuation over $1b from unnamed investors.

A Zurich-based fintech firm whose investors include Josef Ackermann has raised additional money to value the company at more than $1 billion as it prepares to expand outside its main market of Germany. Numbrs Personal Finance raised $40 million to bring the total capital invested to almost $200 million, Chief Executive Officer Martin Saidler said in an interview. Numbrs offers an app that enables users to manage their existing bank accounts in one place and to buy financial products.

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personal finance