Klarpay Enables Digital Businesses to Transact in USD and GBP Globally

Switzerland

News / Switzerland 527 Views 0

Klarpay Enables Digital Businesses to Transact in USD and GBP Globally

Switzerland

News / Switzerland 527 Views 0

Business payments platform Klarpay has expanded its international payment capabilities with the launch of dedicated USD and GBP accounts.

The addition, which enables companies to collect and disburse USD and GBP payments globally via their corporate Klarpay account, comes after the company received a FINMA license to offer multi-currency accounts in 2021.

Founded in 2019, Klarpay’s Swiss IBAN corporate accounts allows businesses to transact through SEPA and SWIFT in more than 90 countries and 70 currencies via its dashboard and APIs.

reuters

The Zug-based company previously raised a US$3 million seed round in mid-2022 from Cyprus payments company Payabl and a US$1 million pre-seed round in late 2020.

Martynas Bieliauskas

Martynas Bieliauskas

“Our clients can now store funds, accept payments, and send payouts in USD and GBP in addition to using Klarpay’s extensive cross-currency payments and FX network,”

said Martynas Bieliauskas, Klarpay CEO.

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