
Blockchain, Fintech, IT
Blockchain
Zug's Crypto Valley: A Blockchain Innovation Center
Zug has clinched the top position in CoinDesk's 2023 Crypto Hubs rankings. It's lauded for its clear regulations, favorabe taxation, crypto-friendly banking institutions, dynamic crypto job market and event-packed calendar. Known as Crypto Valley and hailed as the birthplace of Ethereum and Bitcoin Suisse, Zug thrives on its proximity to the greater Zurich region, creating an appealing ecosystem for crypto companies. This cluster serves as a vibrant intersection for fintech firms, startups, and financial establishments, harnessing pioneering technologies such as blockchain, cryptocurrencies, and digital banking solutions. This environment is enriched the highly ranked blockchain hub present at the University of Zurich and the local School of Computer Science and Information Technology within the canton of Zug.
Fintech
Thriving Fintech Cluster: A Catalyst for Financial Innovation
"Fintech" is a portmanteau of the words "financial" and "technology." It refers to the use of technology to provide financial services and solutions. Fintech companies leverage cutting-edge technologies to create innovative and efficient financial products and services, disrupting traditional banking and financial institutions. The fintech industry has grown rapidly in recent years, driven by advancements in technology, changing consumer preferences, and a desire for more accessible and convenient financial services. Zug's fintech cluster ranges from startups to established tech firms, and they play a significant role in shaping the future of finance.
Quote from a leading business personality
Zug has been instrumental in the success story of Bitcoin Suisse. As our founding home back in 2013, the Canton and the City have offered not only a thriving economic and regulatory environment, but also a mindset that embraces innovation and longterm vision. From here, we have grown into Switzerland’s leading and oldest crypto financial service provider. With its unique combination of stability and a progressive mindset, Zug remains the ideal base to drive crypto adoption and shape what’s next in finance. And we are proud to be part of it.»

Andrej Majcen
CEO & Co-Founder – Bitcoin Suisse
IT
Empowering Businesses Through Cutting-Edge IT to Robust Cybersecurity Solutions
Zug's flourishing IT cluster thrives as a nucleus of technological prowess. Within this cluster, a wide spectrum of IT companies, startups, and institutions converge. Supported by prominent national and international corporations, an environment conducive to innovation, and a rich talent pool, Zug's IT cluster commands global acclaim. It delivers a spectrum of state-of-the-art solutions, spanning from AI-powered innovations to resilient cybersecurity solutions. This firmly establishes Zug's standing as a leading global technology destination, positioned at the forefront of technological advancement.
Quotes from leading business personalities
Zug’s high concentration of ICT businesses gives it the potential to be one of the world’s leading digital innovation hubs. The fast-growing tech cluster, access to highly qualified digital talents and dynamic business environment supported by authorities of Canton of Zug were key motivators in Luxoft’s decision to establish operations in Zug. We believe the future of fintech innovation is ready to be created here.»

Elena Goryunova
Chief Human Resources Officer – Luxoft
Expersoft’s PM1 provides banks and asset managers with a market-proven standard solution for wealth and asset management. The company headquarters have been located in Zug for more than 20 years, an ideal location given the availability of IT and banking specialists plus the quality office space needed to support Expersoft’s growth. An excellent and attractive location for highly qualified talent.»

Urs-Peter Oehen
President – Expersoft Systems AG
Download
Here you can download the most recent «ICT Cluster Factsheet», please click here. This document encompasses detailed information about the clusters, intriguing insights, and pertinent contact details.


































