Page 43 - ASSET MANAGER 11 (EN)

ASSET MANAGER • NO. 11/2019 NEWS • 43
FINTECH START-UP NEON VALUED AT CHF 10 MILLION
At the beginning of May, TA Media invested in the start-up Neon. During the television program "The Cave of the Lions" in June more investors were added; Roland Brack and Bettina Hein declared themselves ready to invest a total of 250 000 francs in the account app. For this they receive 2.5% of the company. This means that Neon was valued at 10 million francs. Only after the broadcast, two more lions, Tobias Reichmuth and Jürg Marquard, have also decided to invest.
Read more online at bit.ly/FTN-44 und bit.ly/FTN-45
FACEBOOK LAUNCHES NEW CRYPTOCURRENCY LIBRA
Facebook launches a new cryptocurrency granting prominent support from Ebay, Uber, Paypal, Mastercard and Visa and many other companies involved in the plans.
Facebook has initiated the independent non-profit Libra Asso- ciation (Libra Foundation) based in Geneva, Switzerland. Thus Switzerland is richer for a prominent club and its role as a pioneer for crypto currencies justice. Whether that is good or bad for Swit- zerland, will be seen.
In the media, however, many rumors and falsehoods are currently being spread. In the following link you will find a more detailed and well-researched report by Stefan Waldhauser, fund manager of the Digital Leader Fund.
Read more online at bit.ly/FTN-46