The REYL Group has announced the launch of Alpian SA, a digital platform to service the mass affluent.

This follows a successful Series A funding round for Alpian SA to the total of CHF12.2m ($12.5m).

In addition, Alpian SA has applied for an independent banking license from FNMA and plans to be ready by Q1 2021.

François Reyl, CEO of REYL & Cie, said: “The successful incubation of Alpian is demonstrable proof of our innovative banking mindset. Technology is already playing a crucial role in shaping the future of banking, and REYL is leading the way with this initiative which we believe will provide mass-a?uent clients with a far superior level of service and greater flexibility than currently exists on the market.”