Alpian is operational: the first Swiss digital private bank, incubated by REYL Intesa Sanpaolo, born in 2019 and with a banking license issued by the Swiss Financial Market Supervisory Authority (FINMA) since March 2022. Operations are exclusively on mobile and include private and everyday banking services, downloadable both from the Apple Store and from Google Play. This hybrid model combines a "safe and next-generation" banking experience with "the assistance and expertise of Alpian's expert financial advisors, offering mass affluent customers access to services normally reserved for customers of traditional private banks". explains a note adding that "in the coming months, Alpian customers will be able to take advantage of additional services".
In addition, the core service (discretionary asset management mandate) provides for a competitive management fee of 0,75%, which will soon be joined by other innovative services.
“The launch of Alpian, the first Swiss digital private bank – he commented Schuyler Weiss, CEO of Alpian – represents a step forward for the sector. This is the first important milestone along a path that includes many others. We are really proud to have introduced this offer on the Swiss market: we are already thinking about the other services that we will offer to our customers in the future”.
Pasha Bakhtiar, Chairman of the Alpian Board of Directors, added: “Alpian's market launch demonstrates the quality, professional ethics and determination of the people who have been working with us since the early days of the development of this project incubated by Reyl. From the outset, the team has worked tirelessly to create a robust Swiss digital private bank that is unmatched in the market. We are truly grateful for the support that all our shareholders have shown us by placing their trust in this initiative which is now coming to life".
