Is a Swiss Company Required to Participate in the Sandbox?

Yes. You must register a Swiss entity (GmbH or AG) in the Commercial Register and have at least one Swiss-resident director. Foreign companies cannot use the sandbox directly.

How Long Does It Take to Launch a Project in the Sandbox?

Typically 6–10 weeks: company registration (2–4), bank account (1–2), SRO affiliation/AML setup (2–3), final prep (1). No direct FINMA approval; you may accept deposits after SRO affiliation and disclosures.

Can Venture Capital Investments Be Attracted While in the Sandbox?

Yes. Sandbox status signals regulatory readiness and aids due diligence. Be ready to present a clear plan to transition beyond the CHF 1m deposit cap.

What Reports Must Be Provided to the Regulator?

Provide reports to your SRO: AML reports, financials and deposit reconciliations, client disclosure confirmations, and internal AML audits. If you exceed CHF 1m deposits, notify FINMA and apply for a license.

What Are the Main Differences Between the Sandbox and the Fintech License?

Sandbox: up to CHF 1m deposits, no direct FINMA supervision, no capital requirement. Fintech license: up to CHF 100m, capital of 3% of deposits (min CHF 300k), and prudential FINMA supervision.

Can I Operate Internationally from the Swiss Sandbox?

Yes, but you must comply with rules in each client’s jurisdiction. Cross-border services may trigger local licensing despite your Swiss sandbox status.

27.11.2025

Fintech sandbox in Switzerland: complete guide to launching

Switzerland has established itself as a leading fintech hub, combining political stability, robust legal frameworks, and innovation-friendly regulation. The Swiss fintech sandbox, operated under FINMA (Swiss Financial Market Supervisory Authority) oversight, provides startups with a controlled environment to test innovative financial products without immediately obtaining a full banking license.

Business in Switzerland

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