Alpian and Fideuram partner to enhance digital wealth management offerings

By Joy Dumasia

Alpian SA and Fideuram, Intesa Sanpaolo Private Banking partnered to advance the digital wealth management offering for the clients of Fideuram-ISPB, leveraging Alpian’s knowledge in technology development mobile-first user experience for digital wealth management services.

The move follows Fideuram-ISPB’s CHF 19 million equity investment into Alpian, Switzerland’s first digital private bank, during its Series B+ financing round in April 2022 and represents an expanded collaboration between the two banks. Fideuram-ISPB has identified Alpian as a strategic partner to advance Fideuram-ISPB’s digital wealth management offerings, which currently serve 60’000 clients.

Alpian has developed expertise in building mobile-first digital wealth management offerings using cloud-based technologies and agile product development. Combining this expertise with Fideuram-ISPB’s private banking knowledge will create a product roadmap designed to enhance the digital wealth management offerings for Fideuram-ISPB’s clients.

Luca Bortolan, Head of Direct Bank at Fideuram-ISPB, said: “After the investment to launch the first Swiss digital private bank, we have found in Alpian a strategic partner to power the digital wealth management service offering of Fideuram-ISPB Direct Bank. We will be leveraging the experience that the team has built while creating a mobile-first digital private banking offering using state-of-the-art technologies.”

Schuyler Weiss, Chief Executive Officer at Alpian, said: “This strategic partnership demonstrates the potential of bringing together a large leading private bank and a new digital private bank to drive value for Fideuram-ISPB’s clients, employees and stakeholders. We look forward to working together to build on the power of Alpian’s technology and expertise of our team to drive large-scale change for the wealth management industry.”