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 Centralway Numbrs, and has a stake in a number of banking-related companies.

The organisation has its headquarters in Zurich.

History[edit]

The company was founded in 1999 by Martin Saidler and claims to have built or funded more than 200 internet companies.[1] Investments were made alongside notable companies including Andreessen Horowitz and Google Ventures.[2]

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.[3]

Having started out as a venture capital firm, Centralway became a company builder.[4] 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,[5] a California-based company that develops banking systems. It also invested in Buttercoin, a trading platform for Bitcoin.[6]

Successful exit plannings included companies such as Invia, Autovia, Anima Publishers, Preisinsel/Netto24, Jigsaw, and others.[7][8][9][10] 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.[11][12]

References[edit]