Alpian Secures CHF 19M in Series B+ Financing

Alpian SA, a Geneva, Switzerland-based digital private bank that will address the needs of the Swiss affluent population, raised a Series B+ financing round of CHF 19m.

This third round of financing was fully subscribed by Fideuram – Intesa Sanpaolo Private Banking. It follows a Series A of CHF 12.2m in 2020 as well as a Series B of CHF 16.9m in 2021.

The company intends to use the funds for the deployment of its whole range of services in Switzerland, comprising both private banking and everyday banking services. 

Led by Schuyler Weiss, CEO, Alpian is a financial technology company incubated by REYL Intesa Sanpaolo and incorporated in October 2019. It has received a banking license from Switzerland’s Financial Market Supervisory Authority (FINMA) in March 2022, and will thus become a digital private bank. Alpian will shortly launch its alpha release to internal employees and is set to offer its services to the public by Q3 2022. Through the combination of both machine and human intelligence, the company will introduce private banking services and investment expertise to the Swiss affluent.

To complement its private banking services, Alpian has created everyday banking features into its digital client experience, including a foreign exchange and bank transfer service, an exclusive metal debit card with in-app card controls, and a chat interface allowing clients to communicate with its Swiss-based banking specialists in the four supported languages.

FinSMEs

06/04/2022