Back

Publications

2021/04/08
Alpian secures USD 18 million Series B Funding

The new digital financial services company Alpian SA (“Alpian”), incubated by the Swiss banking group REYL & Cie Ltd (“REYL”), today announced a successful Series B funding worth around USD18 million (CHF16.9 million). The fundraising follows the Series A round in 2020 in which CHF12.2 million was raised.

According to Alpian CEO Schuyler Weiss:
“Alpian takes a structured and careful approach to building and launching the bank. While the Series A fundraising was conducted to build the digital bank, the Series B fundraising is intended to be principally used to launch the bank in the Swiss market. This approach ensures that Alpian will be in a strong position to provide the best service to customers later this year subject to the issuance of a full banking licence by FINMA.”

With its integrated offering of both banking and investing inside a single convenient product experience,
Alpian is pursuing a market segment of mass affluent clients; individuals with anywhere from CHF100,000 to 1,000,000 to invest. According to research undertaken by Alpian, mass affluent clients are typically under-served by retail banks and lack access to private banking services. In Switzerland alone, the seg-ment of potential mass affluent investors represents a CHF660 billion opportunity.

Publications relatives

Nicolas Pelletier
ФИНАНСЫ И ИССЛЕДОВАНИЯ
(Only in English) Taking a step back from the human dimension of the health crisis, and amid dramatic intervention by governments...
Cédric Ozazman
ФИНАНСЫ И ИССЛЕДОВАНИЯ
(Only in English) AT A GLANCE Is the Fed’s put back at work? Hammered value names close to a bottom? Selectivity is key in the...