Klarpay, a Zug, Switzerland-based fintech firm, raised CHF3M in funding.
The spherical was led by established funds establishment payabl. with participation from different main strategic buyers. payabl. Group CEO Ugne Buraciene who will be a part of Klarpay’s advisory board.
The corporate intends to make use of the funds to drive its product-based development technique – aiming to develop its headcount, shopper base, and set up product-market match.
Co-founded by Mihkel Vitsur and Martynas Bieliauskas, Klarpay is a fintech firm providing on-line companies similar to e-commerce, digital entrepreneurs, and social media influencers, entry to multi-currency IBAN accounts, international cost acceptance, and digital disbursement options. It’s a deposit-taking monetary establishment authorised and controlled by the Swiss Monetary Market Supervisory Authority (FINMA) beneath the Swiss Federal Banking Act, Article 1b.