The digital bank radicant, known for its sustainable approach and collaboration with the Basel-Landschaft Cantonal Bank (BLKB), announced on November 11, 2025 the complete cessation of its activities.
The end of the radicant adventure
The board of directors of radicant bank ag, in agreement with BLKB, has decided to terminate all operations of the bank and its subsidiaries, radicant holding ag and radicant business services ag.
This decision follows the failure of discussions aimed at finding a buyer or a viable continuation model after the withdrawal of BLKB, announced at the end of September 2025.
Reasons for the shutdown
Despite several restructuring and cost-cutting measures, radicant’s business model could not be sustained.
Launched with the ambition to become a 100% digital and sustainable bank, radicant offered a CHF account and a Visa Debit card but never managed to reach a critical scale in the Swiss market, already highly competitive with players such as Alpian, Neon, Yuh or Zak.
What happens to clients’ money?
Clients’ deposits are fully protected, in accordance with the Swiss deposit guarantee of up to CHF 100,000 per client.
The bank states that transfer solutions to other institutions are currently being examined to ensure an orderly transition.
A closure coordinated with BLKB
The Basel-Landschaft Cantonal Bank, main shareholder of radicant, is supervising the closure process.
The radicant teams continue to provide customer service and transparent communication with users while account transfers are being finalized.
A signal for the Swiss neobank sector
This announcement confirms the challenges faced by neobanks in Switzerland, where only a few banking apps have managed to establish themselves sustainably.
Radicant clients will soon have to migrate to other alternatives such as Alpian, Neon, Yuh or Zak, depending on their needs (multi-currency, investment, sustainability, or premium services).
🔍 Summary
- Radicant is ceasing all operations.
- Clients’ deposits remain protected.
- Transfer solutions are being prepared.
- The withdrawal is coordinated with BLKB.
- Competition from other neobanks heavily impacted its future.
