The number of Swiss FinTech companies increased again in 2022 after a slight decline in the previous year. As of the end of 2022, Switzerland was home to 437 FinTech companies, an increase of 53 companies. (Figure 1)
The number of Swiss FinTech companies increased again in 2022 after a slight decline in the previous year. As of the end of 2022, Switzerland was home to 437 FinTech companies, an increase of 53 companies. (Figure 1) After a decline in 2021, the Swiss FinTech sector grew again in 2022. Insights into the dynamic financial technology market are provided by the results of this year's FinTech study by the Lucerne University of Applied Sciences and Arts. After a decline of around five percent in 2021, the development of the Swiss FinTech sector returned to its usual direction. At the end of 2022, the sector counted a total of 437 companies, which corresponds to an increase of 14 percent compared to the previous year (see Figure 1). The greatest growth was recorded in the product areas of investment management and banking infrastructure - not surprisingly, this is also where most FinTech companies are found overall.
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