Alpian secures USD 18 million Series B Funding
PR88888
ZURICH, GENEVA and LUGANO, Switzerland, April 8, 2021 /PRNewswire=KYODO JBN/ --
The 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.
The company's latest funding will allow Alpian to finalise the development of
its digital offering tailored for the mass affluent population, individuals
with investible assets between CHF100,000 and 1,000,000, and ensure that all
operations are in place to achieve a successful launch, subject to regulatory
approval. The offering combines cutting edge technology with investment
advisors to create tailored investment portfolios aligned to personal
preferences aimed at delivering a unique experience to each client based on
their concept of wealth. Payment services will also be offered to meet everyday
banking needs.
Schuyler Weiss, Alpian's CEO, said:
"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, subject to the issuance of a full banking licence by FINMA."
Pasha Bakhtiar, Alpian board member and partner at REYL, said:
"This exceptional milestone is a strong testament to the talent and execution
capabilities of the Alpian management team and the innovative mindset
championed by Reyl & Cie. We are particularly proud that this incubated idea
has flourished into a blooming company and has attracted broad investor
interest as well as support from our strategic partner ISP-Fideuram."
About Alpian
Alpian is a Swiss financial technology company incubated by the private bank
REYL & Cie and incorporated in October 2019. It will combine private banking
and wealth management services with everyday banking to potential mass affluent
investors. Alpian has applied for a full banking license to Switzerland's
Financial Market Supervisory Authority (FINMA) and intends to launch its core
product and services range in the course of 2021, subject to the issuance of a
full banking licence by FINMA.
About the REYL Group
Founded in 1973, the REYL Group is an independent diversified banking group
with offices in Switzerland (Geneva, Zurich, Lugano), Europe (London,
Luxembourg, Malta) and the rest of the world (Singapore, Dubai). The REYL Group
manages assets in excess of CHF 13.5 billion and employs more than 220
professionals.
Media Contacts:
C-Matrix Communications
Vicki Tanner
+41 43 300 56 72
vicki.tanner@cmatrix.ch
Source: Alpian
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。