REYL' s Digital Arm Raises $18 Million In Funding Round

Editorial Staff

8 April 2021

Digital financial services company , part of REYL & Cie, has held a Series B funding worth approximately SFr16.9 million (around $18 million). The fundraising follows the Series A round in 2020 in which SFr2.2 million was raised.

“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,” REYL partner, Pasha Bakhtiar, said.

This publication recently interviewed Alpian about its business model.

Alpian was launched in May last year, targeting the SFr660 billion ($705.8 billion) Swiss mass-affluent client segment. Target clients will typically have investable assets ranging from SFr100,000 ($109,190) to SFr1.0 million, a field covering more than 2.6 million people in the jurisdiction.