Pestalozzi advised UBS on its investment in numarics AG
UBS made an investment in numarics AG and plans to form a strategic partnership with Numarics with the aim to digitize and expand financial and administrative solutions for small and medium-sized enterprises (SMEs) in Switzerland. Administrative tasks cost SMEs a lot of time and are often a challenge in their daily routine. Through this partnership, UBS and Numarics plan to create solutions that will seamlessly combine and simplify accounting, time consuming administrative tasks and banking services for SMEs – the focus hereby lies firmly on the consistent mobile-first user-approach.
Pestalozzi advised UBS on a legal aspects of the investment.