AS FIRST-MOVER TO THE NEXT INNOVATION LEAP
Valyo celebrates its first anniversary and continues as FirstMover to the next innovation leap
- Track record of the Fintech start-up after twelve months: First digital corporate bond settled in Switzerland, Swisscom is the first SMI company to successfully issue exclusively digital bonds.
- The Swiss bond market is on the verge of a digitalisation push - in a few years all corporate bonds will be issued digitally.
- CEO Daniel Schwab's founding team, Swiss pioneer in the digital capital market, is working at full speed on product expansions to make the interaction between issuers and investors more efficient, easier and more transparent.
Baden, 24 November 2020: The first digital capital marketplace for the Swiss bond market celebrates its first anniversary. After only twelve months, it is already apparent that Valyo has not only claimed first mover status in the traditional, rather conservative and in part non-transparent bond market, but has also motivated other market providers to rethink their issuing process. "In a few years a large part of corporate bonds will be issued digitally", Daniel Schwab, CEO and co-founder of Valyo, is convinced. Raiffeisen Switzerland launched the first digital bond issue via Valyo in July this year. This September, the SMI heavyweight Swisscom used Valyo for the first exclusively digital corporate bond issue. "Of course, we are not resting on our first-mover advantage. We are working flat out on product enhancements that will make the interaction between issuers and investors more efficient, easier and above all more transparent," explains Daniel Schwab.
The Valyo founding story
Valyo AG is the first digital capital marketplace for the Swiss bond market. The platform went online on 24 November 2019. Behind Valyo and the transparent and cost-efficient issuing tool is a team of ten specialists at the company headquarters in Baden/AG. CEO Daniel Schwab is considered a pioneer in the digital capital market. Together with Stefan Linder, the current Head of Product & Innovation at Valyo, he developed the idea of bringing digitalisation to the Swiss capital market, which has remained unchanged for decades. Their declared goal was to bring more transparency and speed to the traditional bond issuing process. Andres Gasser, now Head of Sales & Account Management, joined the project early on. All three knew each other through their activities in the capital market. Raiffeisen Switzerland is the sole shareholder of Valyo.
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