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Funding
Alpian raises USD 84 million in Series C funding for product innovation and expansion
Neobanks
May 10, 2024
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Neobanks
May 10, 2024

Alpian raises USD 84 million in Series C funding for product innovation and expansion

Funding

  • Alpian, a Swiss digital bank catering to the mass affluent segment, has raised CHF 76 million (~USD 84 million) in a Series C funding round led by Fideuram - Intesa Sanpaolo Private Banking, with participation from existing investors. Total funds raised by Alpian now stand at CHF 124.1 million (~USD 135 million).

  • The new funding will be used to develop Alpian's financial solutions further and for expansion.

  • During the first four months of 2024, Alpian has witnessed significant growth, doubling its customer base to several thousand, with total assets closing at CHF 100 million (~USD 110 million).

  • Analyst QuickTake: Alpian’s previous funding round was in April 2022, during which it raised CHF 19 million (USD 20.4 million). It used the funds to develop and launch its platform.

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