Lucerne-based fintech finpension has released its annual report for the first time, posting impressive figures: in fiscal 2024, the company reported a net profit of 6 million francs, lifting its equity to 12.7 million francs.

Operating income climbed to 13.2 million francs, while assets under management rose by more than 1 billion francs to a total of 3.2 billion francs.

Targeting the Mortgage Market

The increased capital base is strategically significant for the company. finpension plans to apply for a banking license from Swiss financial regulator FINMA later this year. «The mortgage business offers attractive opportunities and meets a customer need,» said founder and Chairman of the Board Beat Bühlmann.

finpension’s business model sets it apart from other digital providers: with its FINMA license as an account-holding securities firm, it can manage client portfolios directly, assign its own IBANs, and offer all securities services in-house. The model is based on independence and scalability – and is set to include mortgages in the future.

Founded in 2016

Beat Bühlmann and Ivo Blättler, both former private bankers, founded finpension in 2016. Their initial goal was to create a digital solution for 1e pension plans. Since then, the company has grown rapidly and now serves around 500 affiliated companies. It has also expanded into vested benefits and third pillar (pillar 3a) pension offerings.

The digital asset manager currently counts over 40,000 clients – and the number continues to grow. By publishing its first annual report, finpension not only demonstrates financial solidity but also signals broader ambitions. In a Swiss fintech landscape often defined by elusive growth expectations, the Lucerne-based firm stands out as a refreshing exception.