Viseca Holding

Viseca Holding is a Swiss financial-services group specialising in cashless payment, headquartered in Zurich. It describes itself as a leading Swiss fintech and is wholly owned by Swiss retail and cantonal banks, including the Raiffeisen Gruppe, the cantonal banks, regional banks, Migros Bank, Bank Cler, and various commercial and private banks. The group's business is organised around a parent company, Viseca Payment Services SA, and its subsidiary Viseca Card Services SA. Viseca Payment Services SA bundles the processing business, offering client banks services around card business and cashless payment, while Viseca Card Services SA acts as the issuing company responsible for issuing payment cards and offers a broad range of modern card products to client banks and end customers. Viseca Card Services SA is one of the largest Swiss issuers of credit and prepaid cards of the globally leading brands Mastercard and Visa, serving banks and co-branding partners. It supports all nationally and internationally common digital payment solutions, and its innovative, multiple-award-winning one digital service (the one app) gives customers control over their spending anytime and anywhere. The company offers tailored card products for end customers, combining a broad palette of contemporary card products with a comprehensive service offering for a wide range of customer needs. Whether cards are issued by client banks, co-branding partners, or self-issued, quality, competence, and service are the focus. The group traces its origins to 1999, when Viseca Card Services SA was founded. In 2006 it was merged with Aduno, founded in 2005, under the umbrella of Aduno Holding, which was joined by cashgate in 2008. The Aduno Group's services covered the issuance of credit and prepaid cards, consumer financing, and deposit guarantees. Over the following decade the group expanded through acquisitions and divestments, including EuroKaution (2014), Accarda (2018), and Contovista (2017/2019), while selling Aduno SA to SIX Group in 2017 and cashgate to Cembra Money Bank in 2019. In October 2020 the Aduno Group was renamed Viseca Holding, and the card business was split into a service company (Viseca Payment Services SA) and an issuing company (Viseca Card Services SA). In 2021 the holding company was merged with Viseca Payment Services SA, making Viseca Card Services SA and Contovista AG wholly owned subsidiaries; Contovista was sold in 2022. Viseca is a joint venture owned 100 percent by the cantonal banks, the Raiffeisen Gruppe, RBA banks, Migros Bank, Bank Cler, and various private and commercial banks. Raiffeisen holds 25.5 percent of the shares and is the largest shareholder; ZKB and BCV together hold 19.5 percent; Entris Holding AG controls 14 percent and is the third-largest shareholder. The company is committed to clear, transparent information and to safeguarding the interests of shareholders and capital providers, with governance centred on a board of directors and an executive management board guided by a code of conduct.

Viseca was founded in 1999 as Viseca Card Services SA. In 2006 it was merged with Aduno, founded in 2005, under the umbrella of Aduno Holding, which was joined by cashgate in 2008. The Aduno Group's services covered the issuance of credit and prepaid cards, consumer financing, and deposit guarantees. In 2012 cashgate acquired 100 percent of the shares of Revi-Leasing und Finanz AG, which was fully integrated into cashgate in 2014. In 2013 cashgate introduced a new pricing model with two fixed interest rates. In 2014 the Aduno Group acquired 100 percent of the shares of EuroKaution, and the Aduno Holding placed CHF 400 million as a dual tranche on the capital market; the surprize bonus programme was launched. In 2015 the Aduno Group founded SwissWallet AG together with Netcetera and Swisscard; EuroKaution was renamed AdunoKaution; and the Aduno Holding placed two bonds of CHF 200 million. In 2016 the Aduno Group took over SmartCaution SA, active in western Switzerland, and acquired a 14 percent stake in the Swiss fintech company Contovista AG. In 2017 the Aduno SA business unit was sold to SIX Payment Services AG, and the stake in Contovista AG was increased to 70 percent. In 2018 the board of directors appointed Max Schönholzer as new CEO; the Aduno Group announced the full takeover of Accarda, which belonged to Maus Frères Holding and had previously been a subsidiary of Swisscom and was specialised in customer management and, with around 1.9 million cards (as of 2007), was the Swiss market leader for customer cards; AdunoKaution and SmartCaution SA were integrated into cashgate. In 2019 the Aduno Holding sold cashgate to Cembra Money Bank for CHF 277 million, and the full takeover of Contovista AG was communicated. In October 2020 the Aduno Group was renamed Viseca Holding, and the card business was split into a service company (Viseca Payment Services SA) and an issuing company (Viseca Card Services SA); Viseca merged with Accarda AG and Aduno Finance AG. In 2021 the holding company was merged with Viseca Payment Services SA, making Viseca Card Services SA and Contovista AG wholly owned subsidiaries of Viseca Payment Services SA. In 2022 Contovista AG was sold to Finnova.

• 2022

  Contovista AG sold to Finnova

• 2021

  Holding company merged with Viseca Payment Services SA; Viseca Card Services SA and Contovista AG became wholly owned subsidiaries

• 2020

  Aduno Group renamed Viseca Holding; card business split into Viseca Payment Services SA and Viseca Card Services SA; Viseca merged with Accarda AG and Aduno Finance AG

• 2019

  cashgate sold to Cembra Money Bank for CHF 277 million; full takeover of Contovista AG communicated

• 2018

  Max Schönholzer appointed CEO; full takeover of Accarda announced; AdunoKaution and SmartCaution SA integrated into cashgate

• 2017

  Aduno SA sold to SIX Payment Services AG; Contovista stake increased to 70%

• 2016

  Aduno Group took over SmartCaution SA; acquired 14% stake in Contovista AG

• 2015

  SwissWallet AG founded by Aduno Group, Netcetera and Swisscard; EuroKaution renamed AdunoKaution; Aduno Holding placed two CHF 200 million bonds

• 2014

  Aduno Group acquired 100% of EuroKaution; Aduno Holding placed CHF 400 million dual tranche; surprize bonus programme launched

• 2013

  cashgate introduced new pricing model with two fixed interest rates

• 2012

  cashgate acquired 100% of Revi-Leasing und Finanz AG

• 2008

  cashgate joined Aduno Holding

• 2006

  Viseca merged with Aduno under Aduno Holding

• 2005

  Aduno founded

• 1999

  Viseca Card Services SA founded

Leading Swiss fintech for cashless payment, wholly owned by Swiss retail and cantonal banks, focused on simple, secure, and convenient payment.

• Credit cards (Mastercard, Visa)

• Prepaid cards

• Co-branded cards

• one digital service / one app

• Card processing services

• Consumer financing

• Deposit guarantees

• 2014surprize bonus programme

1. 1Unternehmen | Viseca Payment Servicesviseca-payment.ch
2. 2Viseca Card Services | Viseca Payment Servicesviseca-payment.ch
3. 3Unsere Geschichte | Viseca Payment Servicesviseca-payment.ch
4. 4Corporate Governance | Viseca Payment Servicesviseca-payment.ch
5. 5Viseca Holdingwikidata.org
6. 6Viseca Holdingde.wikipedia.org