The 9 most promising Swiss Fintech startups of 2023, according to investors

The 100 most innovative and promising Swiss startups are picked by a panel of 100 leading investors and industry experts and are revealed at the TOP 100 Swiss Startup Award. This year, Fintech has 9 representative startups in the TOP 100 (including one on the podium). Their innovative solutions aim to revolutionize financial services by leveraging technology and regulatory changes to make financial management, investing, and insurance more accessible, efficient, and tailored to individual or corporate needs. Let's find out together who they are.

The annual ranking of the TOP 100 Swiss Startups has become a benchmark in Switzerland’s startup ecosystem — and beyond. Every year, a panel of 100 leading investors and startup experts chooses the 100 most innovative and promising Swiss startups. Each jury member nominates 10 Swiss startups that are fewer than five years old and show the greatest commercial potential. The first-placed company receives 10 points, the second nine points, and so on. The individual rankings are compiled to generate the final TOP 100 Swiss Startup Award ranking. In parallel, the TOP 100 Public Voting allows everyone with a LinkedIn account to cast one vote and choose the most promising startup per vertical.


Discover the 9 Fintech startups that impressed the TOP 100 Jury and the public the most with their innovative solutions.



Yokoy, #3
The SaaS platform, which was launched in 2019, digitizes the entire process from receipt entry via smartphone to correct posting. Yokoy has expanded its services since then. The platform also offers support for invoice management and the administration of employee credit cards. In other words, it automates the entire accounts payable management. The layperson may ask if one needs software developed specifically for this. Thanks to the integrated AI components, the platform can be trained by customers; over time, it does the work fully automatically. In addition, the AI algorithms recognize deviations from the norm and provide information on abuse and attempted fraud. As easy-to-integrate software with interfaces to all common ERP systems, the market entry hurdles for Yokoy’s platform are comparatively low and it is currently used in 68 countries. Sales growth has been in the triple-digit percentage range for years, and the number of employees has increased by 50 to 250 over the last 12 months. Yokoy is currently spread across six offices in Switzerland, Germany, Austria, the Netherlands, Serbia, and, since last October, Madrid.

Relai, #24
Relai’s app enables private individuals to invest in bitcoins. Since its foundation in 2020, the startup has had over 200,000 app downloads and 70,000 active users. It has also been operating in the B2B business since the beginning of 2023 and thus responding to the demand from companies. In March 2023, Relai raised USD 4.5 million in new investor money.

grape insurance, #35
Companies use grape’s SaaS platform to finalise BVG contracts, daily sickness benefits and accident insurance for their employees. The startup’s customers benefit from reduced administrative work in submitting applications, reporting and payroll accounting. Last summer, the Zurich-based company, founded in 2021, raised CHF 1.7 million in a pre-seed round.

Sygnum Bank, #40
The fintech startup offers private individuals a portfolio of classic banking services for digital assets. In addition to the B2C business, it also allows financial institutions to offer their own customers services related to crypto assets. PostFinance has been one of the B2B customers since the spring of this year.

Aktionariat, #43
Fintech startup Aktionariat’s solution consists of a toolset that uses blockchain technology and the new DLT Act in Switzerland, which allows companies to offer their shares directly to potential investors. Founded in 2020, Aktionariat has already tokenised shares in more than 30 companies.

Stableton Financial, #50
Those who wish to invest in alternative investments must overcome several hurdles and invest a lot of time. Stableton’s fintech platform gives private investors easy access to private equity. In July 2022, the fintech startup closed a Series A round of CHF 15 million; this May, it followed up with the launch of the world’s first private market products in partnership with Morningstar Indexes, the fastest growing global index provider.

Relio, #54
A business account with a Swiss IBAN in just a few clicks – despite high compliance and anti-money laundering requirements? It’s possible with Relio’s technological platform. The Zurich fintech startup, founded in 2020, has managed to automate many compliance tasks; in spring of this year, the Swiss Financial Market Supervisory Authority granted it a fintech license that enables it to operate independently of its partner banks.

MARK Investment Holding, #66
The Zug-based startup gives private investors access to tangible assets. Founders Aurelio Perucca and Mario von Bergen form buying groups on their platform splintinvest.com that collectively purchase wine, watches, spirits, handbags, and art.

Alpian, #71
The FINMA-licensed private bank offers wealthy people in Switzerland the opportunity to save and invest via smartphone. The app has been available since last October and allows clients to talk to a Swiss-based wealth advisor via an in-app video call.

PUBLIC VOTING: Calingo
Calingo is a Swiss insurtech offering data-driven risk protection at the point of sale. Integrated into the customer journey of the primary product, customers get tailored, modern and sustainable insurance products with only one click. With our modern and fair insurance (e.g. monthly cancellation rights, 100% digital), we make insurance as easy as possible.

The 13th edition of the TOP 100 Swiss Startup Award 2023 celebrated Switzerland's best startups. Discover the cleantech startups and all the details in the TOP 100 Swiss Startup Magazine 2023 or follow the hashtag #TOP100SSU on Linkedin, Twitter, and Instagram for impressions.