Swiss cantonal bank Basellandschaftliche Kantonalbank (BLKB) in partnership with with Dr. Anders Bally, the founder of venture firm Bally Capital Partners, announced that they have launched Radicant, a Zurich-based digital financial services provider that operates throughout Switzerland.
BLKB said in a statement that Radicant will be developed into a purely digital company that will provide both personalised financial advice and sustainable financial solutions.
The company intends to enter the market in 2022 with a focus on sustainable investments
Radicant is a strategic investment of BLKB, with the position of company CEO being filled by Sentifi founder Dr. Anders Bally.
Anders Bally
Marco Primavesi, BLKB
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Basellandschaftliche Kantonalbank is launching a digital bank dedicated to sustainable services. It has taken a renowned fintech entrepreneur on board to help it with the launch.
Basellandschaftliche Kantonalbank (BLKB) aims to create a digital financial-services company for the whole of Switzerland, according to a statement released on Friday. This is in line with the strategy of the bank.
The new bank will be a unit of BLKB, but without the state guarantee that the main firm has. The new business will start in the second half of 2022 and include a number of partners for the distribution of its products.