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radicant bank ag and Numarics AG have successfully merged, forming radicant holding ag, with the aim of providing integrated banking and financial services for private customers and SMEs. The merger, approved by shareholders and relevant authorities, positions BLKB as the majority shareholder. Anton Stadelmann will serve as CEO, while Marco Primavesi will be the Chairman of the Board.
Radicant and Numarics are merging to create a new neo-bank, retaining the Radicant name and relocating to Liestal. The merger aims to integrate financial services and digital solutions for private and SME clients, with Radicant's CEO Anton Stadelmann leading the new entity. UBS and several venture capital firms are investing in the combined company, which will have a workforce of 240 and a focus on a comprehensive banking and administration platform.
Numarics AG and radicant bank ag, both subsidiaries of Basellandschaftliche Kantonalbank (BLKB), have announced plans to merge, pending regulatory approval. This merger aims to create a comprehensive banking and financial services platform for private and SME clients, enhancing their offerings and market presence. BLKB will remain the majority shareholder, with additional investments from venture capital firms.
Radicant, a subsidiary of Basellandschaftliche Kantonalbank (BLKB), is merging with fintech Numarics to enhance its offerings for small and medium-sized enterprises (SMEs) and private clients. The partnership aims to create a fully integrated suite of banking and administrative services, with a goal of achieving breakeven by 2027/2028. Anton Stadelmann will remain CEO, while Numarics co-founder Kristian Kabashi will become COO, as the merged entity seeks to broaden its market presence and investor base.
Dominique Rey
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
radicant bank and numarics complete merger to enhance financial services offering
Swiss Franc
Basellandschaftliche Kantonalbank
CHE
Kristian Kabashi
Marco Primavesi
Dominique Rey
Anton Stadelmann
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19:01 30.12.2024
merger of radicant and numarics aims to create integrated financial services
Swiss Franc
UBS SA
BLKB Services AG
CHE
Marco Primavesi
Dominique Rey
Anton Stadelmann
Kristian Kabashi
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00:54 18.10.2024
radicant and numarics announce merger to enhance banking services in switzerland
Euro
Swiss Franc
United States Dollar
UBS SA
Numarics AG
radicant bank AG
Basellandschaftliche Kantonalbank
CHE
Thomas Schneider
Kristian Kabashi
John Häfelfinger
Sandro Spaeth
Dominique Rey
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06:59 17.10.2024
radicant partners with numarics to enhance services for small businesses
Swiss Franc
UBS SA
Basellandschaftliche Kantonalbank
CHE
Thomas Schneider
Dominique Rey
Kristian Kabashi
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05:47 17.10.2024
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