The rapid worldwide development of startups in the FinTech industry will lead to significant shifts in the global financial industry. Innovations in the FinTech area lead to a fragmentation of the value chain and thus drive the specialization and cooperation between established financial service providers and the FinTech startups even further.

Switzerland's financial center offers a promising starting point for FinTech companies. Compared to the leading FinTech hubs (eg. London or Silicon Valley), Switzerland is still well behind expectations. Around three-quarters of the surveyed Swiss FinTech companies indicate that they would likt to sell their products and services also in Europe. For the development of the FinTech Hub Switzerland innovative collaborations, a healthy competition and first success stories are of crucial importance.

The study is based on a sound methodology – expert interviews and startup web survey are the two key elements. It mentions key opportunities and challenges for the financial industry in Switzerland and gives an outlook how to profit from the FinTech boom.

The conclusion: FinTech will play an important role in the financial services industry, just the 'when' and 'how' are not yet fully clear.