EU Sovereignty Score
EU sovereignFintech & NeobanksHeadquarters: CH

Taurus: sovereignty score and 8 European alternatives

Taurus is a digital asset infrastructure platform for banks and regulated financial institutions, operated by Taurus SA from Geneva. Its modules cover custody with Taurus-PROTECT, tokenisation with Taurus-CAPITAL, trading with Taurus-PRIME and settlement and collateral management with Taurus-NETWORK. The company describes itself as a technology provider rather than a custodian, and says clients keep control of their assets and keys. It can be deployed as a managed, hosted or on-premises service.

Taurus SA is regulated by FINMA as a securities firm, and its European entity, Taurus (Europe) Ltd, is licensed by the Cyprus Securities and Exchange Commission. No majority owner or foreign parent company is named on the company website; its co-founders are described as the largest shareholders. Investors in its 2023 funding round included Credit Suisse, Deutsche Bank and Pictet. The location of data hosting should be requested from the provider. For a European institution, the on-premises option keeps infrastructure under its own control.

Sovereignty score
67 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-2100
    Headquartered in Switzerland: Swiss law, recognised by the EU as adequate
  • Data residency SOV-380
    Hosting in Switzerland only (recognised by the EU as adequate)
  • Cryptographic key sovereignty SOV-360
    Key management with a European vendor
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-655
    Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 12, 2026
Headquarters
CH (EU)Verified by hand
Sovereignty model
Vendor-hosted (EU)Verified by hand
Data hosting
CHVerified by hand
Open-source
NoVerified by hand
GDPR-compliant
NoVendor-stated
Category
Type
Product
Website

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Taurus

The European alternatives to Taurus come from our knowledge base of over 8,000 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

144 European Fintech & Neobanks vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Taurus

Taurus is headquartered in Switzerland and falls under Swiss law, including the revised Swiss data protection act. Switzerland is not an EU member, but the European Commission recognises its level of data protection as adequate. Its Swiss headquarters does not by itself bring it under US legislation such as the CLOUD Act.

Taurus hosts data in Switzerland only. Switzerland is not part of the EU or the EEA, so the GDPR does not apply there directly; the European Commission does recognise Swiss data protection as adequate, so personal data can go there without extra safeguards. Our model therefore scores it between EU hosting and hosting outside Europe. If you require strictly EU hosting, take this into account.

Taurus is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Taurus together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Taurus?

It depends on your use case. Strong EU alternatives to Taurus include 1822direkt, ActivoBank and Air Bank. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Taurus?

Our list of EU alternatives to Taurus is mostly commercial options. Browse the category on the map for open-source choices.

Is Taurus GDPR-compliant and where is the data hosted?

Taurus is headquartered in CH (EFTA) and hosts data in CH. That makes Taurus an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 12, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Fintech & Neobanks

Fintech & Neobanks: Digital banks, neobanks, money transfers and fintech services. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to Taurus — GDPR-compliant & EU-hosted · EU Sovereignty Score