Swiss fintech company Klarpay AG recently announced the completion of its first round of external funding, raising 3 million Swiss francs. This round was led by recognized payment institution payabl., founded in 2010 with the mission to accelerate technological innovation in the payment services industry, and to democratize access to global payment solutions. With offices in Frankfurt, London and Cyprus, payable. now supports many top fintech clients, including eToro and Bernstein Bank.
The new investors in this latest Klarpay funding round have all been strategically selected based on their track record of successful business performance as well as their ability to contribute positively to Klarpay’s continued growth and expansion. It should also be noted that the company was initially set up by its founders, Mihkel Vitsur and Martynas Bielauskas .
“This first round of external funding from Klarpay marks an important step in the trajectory of our business as it will allow us to leverage the network and expertise of our new investor base to accelerate our growth in 2022 and beyond . -of the. Specifically, we intend to use this additional capital to drive our product-based growth strategy, we further intend to grow our headcount, customer base and perform product fit- market,” said Martynas Bielauskas , CEO of Klarpay.
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As the first Swiss fintech company authorized by FINMA to work exclusively with e-commerce, digital entrepreneurs and social media influencers, Klarpay will empower online businesses through payment acceptance solutions and cross-border and scalable fund transfers. Founded in 2019, Klarpay’s innovative solution combines decades of industry experience, so it has the means to offer digital entrepreneurs all-in-one business banking services, including access to accounts Multi-currency IBAN, global payment acceptance and digital disbursement services.
Ugne Buraciene, CEO of the payable group. will join Klarpay’s advisory board. She commented on the end of the Klarpay funding round thus:
“I am delighted to be part of Klarpay’s growth and I am convinced that together we can explore and exploit the potential of the fintech sector. Our partnership with Klarpay came naturally as our products and services complement each other.
We believe that between our acquiring and alternative payment solutions, and Klarpay’s transaction banking and settlement capabilities, this mutually beneficial partnership will bring significant added value to our customers, who are always at the heart of our decisions. . »
As Klarpay continues to build a top-tier team of industry experts, innovators and people whose opinions matter in fintech, Martynas is confident that Klarpay is on its way to becoming one of the leading players in the sector:
“We believe Klarpay is well positioned to play a leading role in unlocking the pain points around banking, payment and disbursement solutions for digital businesses. At Klarpay, we don’t try to reinvent the basics. There are already reliable payment solutions for businesses. Our technology, on the other hand, is the only one to simply integrate the best payment products and solutions into an all-in-one banking and payment solution, developed exclusively for today’s online businesses. »
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