Industry Internet Founded 1999 Type Aktiengesellschaft | Website www.centralway.com Headquarters Zürich | |
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Centralway is a Swiss software company. It develops and sells the mobile banking app Centralway Numbrs, and has a stake in a number of banking-related companies.
Contents
The organisation has its headquarters in Zurich.
History
The company was founded in 1999 by Martin Saidler and claims to have built or funded more than 200 internet companies. Investments were made alongside notable companies including Andreessen Horowitz and Google Ventures.
Over the years, a large number of the companies funded by Centralway were sold to buyers including Axel Springer, CME (Time Warner Group), Beisheim Holding, The Daily Mail group, Jelmoli and Deutsche Telekom.
Having started out as a venture capital firm, Centralway became a company builder. With the launch of Centralway Numbrs, the CEO Martin Saidler said in 2014 that the company would focus on mobile banking
Investments and exits
Centralway financed a number of fintech start-ups. It invested in Standard Treasury, a California-based company that develops banking systems. It also invested in Buttercoin, a trading platform for Bitcoin.
Successful exit plannings included companies such as Invia, Autovia, Anima Publishers, Preisinsel/Netto24, Jigsaw, and others. The company’s portfolio was estimated to be worth over $250m Euros, and was sold to major companies such as Axel Springer, Tamedia, Scout24 Holding, The Daily Mail UK, CME (Time Warner), Deutsche Telekom, MCI, Jelmoli, and others.