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Swiss digital bank radicant has agreed to transfer its banking services to Alpian, another Swiss digital bank owned by the Intesa Sanpaolo Group. The move follows a decision by radicantās majority shareholder, Basellandschaftliche Kantonalbank (BLKB), to cease radicantās operations. Around 20,000 customers will be affected by the transition.
The boards of radicant and Alpian have finalised an agreement for the takeover. Under the deal, Alpian will assume responsibility for radicantās digital banking services, ensuring customers retain access to their accounts. The full transfer is expected to complete by April 2026, pending corporate approvals.
Radicant has committed to honouring all obligations to its customers, employees, and partners during the transition. The bank will communicate directly with account holders to outline the next steps and minimise disruption. Customer deposits remain protected throughout the process.
Gianmarco Bonaita, CEO of Alpian, welcomed the agreement and emphasised the bankās focus on a smooth transition. Bruno Meyer, CEO of radicant, described Alpianās services as a suitable replacement for radicantās customers. Both banks aim to maintain continuity in banking activities for the affected users.
The transfer of around 20,000 radicant accounts to Alpian marks the end of radicantās independent banking operations. The process will unfold over the coming months, with full completion targeted for April 2026. Customers will receive further details from radicant as the transition progresses.