Finpension grows by 41 per cent in a year
Lucerne - Finpension is now managing over four billion Swiss francs in client assets. This represents growth of 41 per cent over the past 12 months. Compared to September 2024, the fintech company’s number of clients grew by 74 per cent to around 43,000.
Finpension is now managing over four billion Swiss francs in client assets, according to a company statement. This represents growth of 41 per cent in one year.
The Lucerne-based fintech company, which was founded in 2015, also announced that the number of customers rose by 74 per cent to 43,000 compared to the same month last year. Its new asset management service finpension Invest, which launched on the market in May 2024, has met with particularly high interest, according to the company.
Finpension has seen the biggest growth in customers among millennials born between 1980 and 1999 – a generation that is growing faster than any other. Gen Z, Generation X, and baby boomers followed with significant sales. «Millennials grew up with digital tools,» founder Beat Bühlmann is quoted as saying. «This generation doesn't want to talk to someone at a bank counter, nor do they tolerate a lack of transparency. They compare, calculate, and inform themselves thoroughly.»
Pillar 3a remains the fastest-growing product, according to Finpension. Customer assets in this area increased by 88 per cent within a year. Meanwhile, vested benefits solutions and 1e pension plans for executives are also recording continuous growth.
Finpension operates without banks or external financing rounds. Thanks to its own pension funds and, as an account-holding securities firm, its FINMA license, Finpension manages its clients' securities accounts in-house.
