PR97687

GENEVA, 6th September 2022, /PRNewswire=KYODO JBN/--

Alpian SA ("Alpian"), Switzerland's first digital private bank, today announces

its partnership with Visa, a world leader in digital payments. With this step

Alpian has become a Principal Member of Visa, allowing the company to issue its

exclusive metal debit card in Switzerland.  

With the partnership made official, Alpian can now issue its premium,

intelligent metal debit card offering across Switzerland. The pairing of an

exclusive metal debit card with a multi-currency current account (CHF, EUR, GBP

and USD) and real-time foreign exchange capabilities with no handling fees

gives each Alpian client a unique, elegant, and cost-effective means to

facilitate their everyday banking needs both within Switzerland and abroad. As

a member of the Visa network, Alpian's debit card is accepted in over 200

countries and regions and at more than 100 million merchant locations[1]

worldwide.

The official initiation of the partnership follows the granting of a full Swiss

banking license from FINMA and the successful completion of a Series B+

financing round of CHF 19 million. Both milestones have enabled Alpian to

launch its services to select members of its waitlist, with a launch to the

general public of Switzerland planned before the end of 2022.

Schuyler Weiss, CEO of Alpian, commented:

"At Alpian we are committed to delivering a premium service to each and every

one of our clients. The capabilities, sophistication, and stability of the Visa

enterprise enables Alpian to deliver just that in its card offering. Visa has

been one of Alpian's most long-standing and trusted partners, and we are

excited to take our next steps with them by our side."

Santosh Ritter, Country Manager Switzerland & Liechtenstein, Visa, stated:

"The joint journey with Alpian now receiving a full FINMA banking license has

been excellent. We are very much looking forward to see the first Alpian-issued

Visa debit cards in the Swiss market and to continue the collaboration with

this great partner to help them achieve their growth objectives in providing

innovative services for all regions of Switzerland."

[1] Includes an estimate of 20 million small businesses that utilize payment

facilitators (as of September 2021)

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SOURCE: Alpian SA