Fintech startup Flynt announced it obtained a banking-license from the Switzerland's financial regulator FINMA. The startup now operates under FLYNT Bank AG. The licence gives Flynt the independence to pursue wealth management innovatively.
FLYNT Bank AG is developing «wealth ecosystem» platform that will provide investors, private and institutional clients with complete and independent management of their complex financial structures. The platform will connect the dots of bankable and non-bankable assets to unlock multiple opportunities and impacts in liquidity, risk and wealth management and beyond. FLYNT`s WEALTH ecosystem meets the highest security standards and stands-out by independent software modules that enable clients full transparency and control over their total wealth network at any time.
Last week on Friday, flynt was granted a licence by FINMA, making it the first Swiss fintech company to obtain a banking-license from FINMA and operates now under FLYNT Bank AG. The resolution was registered at the Commercial Register of the Canton of Zug. The banking-license allows Flynt the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and institutional clients, such as entrepreneurs and family offices, to independently control their total wealth at all times.
(ran)
Please login or sign up to comment.
Commenting guidelines