Alpian’s $83m Series C round sees Intesa Sanpaolo’s Fideuram become majority shareholder
Swiss neobank Alpian has raised CHF 76 million (around $83.5 million) in a Series C funding round as the firm looks to accelerate its growth.
Fideuram to become the majority shareholder in Alpian
The funding round includes a CHF 40 million (around $44 million) investment led by Fideuram, the private banking and wealth management unit of Italian banking group Intesa Sanpaolo, supported by “other existing investors”.
This investment will see Fideuram become the majority shareholder of the firm, with Alpian stating that the move will be “executed upon regulatory approvals”.
The challenger has maintained a partnership with Fideuram since 2022, when it received an initial CHF 19 million (around $20 million) investment from the unit. Alpian has collaborated with the firm to assist with the digitisation of its wealth management services.
Alpian was incorporated in October 2019 and incubated by banking group REYL Intesa Sanpaolo.
Alpian claims its latest round of funding coincides with a year of “strong growth”, with client assets “rapidly nearing CHF 100 million” and its client base doubling “to several thousand” during Q1 of this year.
Gianmarco Bonaita, who has served as CEO of Alpian since the departure of Schuyler Weiss in September, says the “enhanced partnership and additional capital” will help accelerate the firm’s growth even further.
