The Swiss start-up Lykke is getting closer to the approval for its license by FINMA, the Swiss Financial Market Supervisory Authority. The license opens the possibility to operate as a securities dealer and an organized trading facility.

The proceedings with FINMA regarding the granting of the license to Lykke have reached an advanced stage, Lykke will now begin a capital raising exercise, providing a unique investment opportunity on a first come first serve basis.