In April 2020, Swiss financial technology company Alpian SA applied for a full banking licence from the Swiss Financial Market Supervisory Authority (FINMA). After a rigorous process, Alpian now becomes the first licensed digital private bank in Switzerland.
Armed with this new licence and 48 million francs secured in several rounds of financing, Alpian is set to offer its services to the public in the third quarter of 2022.
Schellenberg Wittmer assisted Alpian with all aspects relating to the obtention of the FINMA license, which will enter into force upon completion of formal conditions.
The team of Schellenberg Wittmer was led by Grégoire Tribolet (Banking & Finance) and included Jean Jacques Ah Choon (Corporate), Jean-Frédéric Maraia, Julien Witzig (both Taxation), Jérémie Tenot and Simon Pidoux (both Banking & Finance).
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