Centralway

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This article is about the company. For the Buddhist concept, see middle way. For related concepts to the term "centralway", see Middle way (disambiguation).
CENTRALWAY
Aktiengesellschaft
Industry Internet
Founded 1999
Headquarters Zurich, Switzerland
Website www.centralway.com

Centralway is a Swiss software company. It develops and sells the mobile banking app Numbrs, and has a stake in a number of banking-related companies.

The organisation has its headquarters in Zurich, with offices in London.

History[edit]

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[edit]

Centralway financed a number of fintech start-ups. It invested in Standard Treasury,[1][not in citation given] a California-based company that develops banking systems. Alongside Google Ventures, it also invested in Buttercoin, a trading platform for Bitcoin.[2][not in citation given]

Several of these companies[which?] were later sold to other companies such as Axel Springer, Tamedia, Scout 24, The Daily Mail group and Time Warner.

References[edit]