UBS has announced a new partnership with Numarics to help small and medium-sized businesses in Switzerland digitize their financial and administrative solutions.
Small and medium-sized businesses (SMEs) spend a significant amount of time and struggle with administrative tasks.
UBS and Numarics have formed a partnership to develop solutions that will streamline accounting, reduce time spent on administrative tasks. And integrate banking services for SMEs. The main goal is to prioritize a user-friendly mobile approach. It has also made a financial investment in Numarics through its venture and innovation unit, UBS Next.
Head Corporate & Institutional Clients Switzerland at UBS, Alain Conte, said:
The planned strategic partnership with Numarics is another important milestone in the development of new and integrated offerings and the expansion of the UBS ecosystemfor SMEs. The offerings aim to go beyond traditional banking and help SMEs manage their day-to-day business efficiently.
UBS, a reliable banking partner for small and medium-sized businesses in Switzerland, has focused on expanding its services for these clients as a key priority. Starting in 2022, UBS now provides its clients with access to products. And services from chosen partner companies on their UBS marketplace.
This marketplace aims to simplify daily business tasks for SMEs by offering a wide range of digital financial solutions tailored specifically to their needs.
Through an easy-to-use and standardized interface, it ensures seamless integration with both new and established partners, including Numarics.
Co-Founder and Co-CEO of Numarics, Kristian Kabashi, said:
At Numarics, we are revolutionizing business operations by combining the power of technology and world-class experts. We’re excited to welcome UBS Next as our lead investor in this new round. Their financial expertise and backing will enable us to broaden our client base and expand our business. In addition to this investment, our partnership with UBS will enable us to deliver comprehensive financial and administrative solutions to ease the administrative headache and help growing businesses across Switzerland.
