CH · CHF
Switzerland digital banks
Switzerland is where this industry’s graveyard is loudest in 2025–2026: Swiss4, FlowBank, radicant, Coop Finance+. FINMA does not play. The survivors (Alpian, Yuh, neon, Revolut as a foreign EMI passporting in, Swissquote as a bank/broker) are the list that matters. A FINMA banking licence is rare. Securities-dealer and fintech licences are not the same thing. This page is deliberately small.
6Live on the desk
Regulator
FINMA
Deposit scheme
esisuisse deposit protection up to CHF 100,000 per client per bank
In this market
Licence still sits on the product| Product | Score | HQ | Monthly | FX | Users | Licence | |
|---|---|---|---|---|---|---|---|
 Interactive Brokers | 8.6 | Greenwich, United States | No inactivity on many accounts | Institutional-grade FX; a reason people open it | 3.3M accounts | Broker-dealer / FCM | |
 Wise | 8.6 | London, United Kingdom | Free personal | Mid-market plus a transparent conversion fee — the category benchmark | 16M+ | EMI (personal) | |
 Revolut | 8.6 | London, United Kingdom | Free | Fair-usage weekday mid-market; weekend markup on Standard | 50M+ | UK bank (eligible customers) | |
 N26 | 7.8 | Berlin, Germany | Free Standard | Free on You/Metal; Standard has a weekend/FX fee schedule | 8M+ | Credit institution (CRR bank) | |
 bunq | 7.7 | Amsterdam, Netherlands | Paid plans (Easy Savings / Easy Bank / Easy Green / Easy Money) | Plan-dependent; competitive on higher tiers | 15M+ | Credit institution | |
 Alpian | 7.2 | Geneva, Switzerland | Private-bank / digital-wealth tariff — not a free current account | Wealth FX, not Wise mid-market | Swiss private-bank scale | Bank (Alpian SA) |
Closed in this market
Graveyard| Product | Score | HQ | Monthly | FX | Users | Licence | |
|---|---|---|---|---|---|---|---|
| Coop Finance+ | 5.1 | Switzerland, Switzerland | — | — | Closed | Retail finance app | |
| radicant | 6.4 | Zurich, Switzerland | Was subscription-based | — | Closed | Bank (via parent stack) | |
| Swiss4 | 4.2 | Switzerland, Switzerland | — | — | Closed | Did not complete as a full retail bank | |
| FlowBank | 4.0 | Geneva, Switzerland | — | — | Bankrupt | Bank (failed) |
Do not open. Full file sits in the graveyard.
Questions
Why did so many Swiss neobanks close?+–
Tiny home market, expensive compliance, and no room for a fourth app that only does payments. radicant’s clients were steered to Alpian. Treat Swiss digital-bank deposits as a licence question first.
Other desks
Indonesia
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United Arab Emirates
Nigeria
Canada
Australia
United Kingdom
United States
India
Spain
Portugal
Malaysia
Ghana
Belgium
Czechia
Hong Kong
Finland
Mexico
Italy
Turkey
Uzbekistan
South Africa
Algeria
Saudi Arabia
Bahrain
PeruCross-check the scoring weights and the graveyard before you treat a leftover landing page as live.