According to EU-startups, the funds should enable Alpian to accelerate its growth and help it receive a full banking license from the Swiss Financial Market Supervisory Authority (FINMA), launching as a fully licensed digital affluent bank in 2021.
Fintech startup Alpian aims to create a new banking offering, tailored to the mass affluent population (those with investable assets around EUR 1 million) in Switzerland, worth an estimated EUR 626 billion.
Alpian’s core offerings will include tailored investment boutique products, secure digital face-to-face access to experienced financial advisors, and simplified everyday banking services. The startup will leverage proprietary and disruptive technology to develop scalable, personalised private banking.
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