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Klarpay enables businesses to transact in USD and GBP globally

By Gloria Methri

November 15, 2022

  • B2B Cross Border Foreign Exchange
  • B2B Cross Border Payments
  • Cyprus

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

This addition enables digital companies, online merchants, ad networks, and marketplaces, to collect and disburse USD and GBP payments globally via their corporate Klarpay account.

Klarpay’s Swiss IBAN accounts allow businesses to transact through SEPA and SWIFT in more than 90 countries and 70+ currencies via its Dashboard and APIs.

Martynas Bieliauskas, Klarpay CEO said, “As we continuously try to advance our offerings, adding dedicated USD and GBP accounts to our list of services opens numerous new doors for our merchant clients and us. 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 the FX network.”

Founded in 2019, Klarpay offers online businesses access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement solutions. By working exclusively with e-commerce, digital entrepreneurs, and social media influencers, the FinTech company seeks to empower digital businesses through borderless, scalable, bespoke business accounts and payment solutions.

Klarpay is authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) under the Swiss Federal Banking Act, Article 1b. In mid-2022, the Zug-based company raised a $3 million seed round from Cyprus payments firm Payab, in addition to a $1 million pre-seed round in late 2020.

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