Everon receives FINMA licence and launches partner offering

Zurich, 19.4.2023. Zurich-based fintech Everon is one of the first fintech companies to secure a licence from the Swiss Financial Market Supervisory Authority (FINMA) as a wealth manager. This step allows the company to launch innovations that have been requested by customers and partners: A partner application and access to “private markets” investments.

The March FINMA approval as a wealth manager is a milestone for Everon. Thus, the fintech, founded in 2019, is supervised on par with banks. In particular, the licence, obtained with the support of SwissComply, allows Everon to expand a much sought-after service: so-called B2B2C offering. Here, wealth managers, financial planners and other partners obtain a holistic “Wealth Management as a Service” via Everon. Everon is particularly interesting for asset managers who can no longer profitably serve parts of their customer base. In this way, they ensure a quality standard for their clients that is otherwise only the case in private banking. Furthermore, the FINMA licence allows Everon to scale and internationalise its offering.

Another element of private banking that Everon is democratising is its “private markets” offering. This involves clients investing in companies that are not in public trading. Until now, normal bank customers have hardly been able to invest in these difficult-to-access yet popular growth capital investments.

For CEO Florian Rümmelein, the FINMA approval illustrates Everon’s security, transparency and professionalism. He says he is pleased that Everon was among the first young companies and fintechs to receive the licence, and that it shows the company meets the regulatory requirements. He adds that Everon remains true to its strategy of using technological solutions to pass on the benefits available to wealthy clients to a broad customer base as well.