Klarpay

Regulated Swiss payment processor and merchant service provider

Klarpay is the trading style of Klarpay AG, a company registered in Zurich and regulated by the Swiss Financial Market Supervisory Authority (FINMA). The FinTech was founded in 2019 by former BDSwiss managers.

Klarpay comes across as a sort of BDSwiss spin-off. At least when it comes to the involved people.

  • Mikhel Vitsur, co-founder of and former Chairman of BDSwiss AG, is the co-founder and Chairman of Klarpay;
  • The Lithuanian Martynas Bieliauskas, the former director and co-founder of BDSwiss Group, co-founded Klarpay and is its CEO;
  • the Greek Christos Alatzidis, former BDSwiss CIO & CTO, co-founded Klarpay and is its CEO;
  • The former BDSwiss Chief Financial Officer Marc Evans joined Klarpay in Feb 2022 as Chief Financial Officer.

Klarpay focuses exclusively on e-commerce, digital merchants, and social media influencers. Klarpay offers merchants all-in-one business banking services, including access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement services.

In Aug 2022, Klarpay launched a cross-border business payment solution that can be managed via its payments dashboard or via a single API integration, reducing merchant clients’ costs and speeding up their cross-border payments.

We have not found any complaints about Klarpay and thus include it in our “Green Compliance Signal” list.

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Jurisdiction

Switzerland

Legal Entities

Klarpay AG

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