Klarpay AG to Rebrand as Bivial AG: Expanding Vision for Holistic Banking Solutions & Regulatory Growth

As part of its growth strategy, Bivial AG will also seek to expand its regulatory authorisations. Building on its existing regulatory framework under the Swiss Federal Banking Act Art 1b, the company aims to broaden its services by securing additional regulatory approvals in Switzerland. This regulatory expansion will enable Bivial AG to offer a broader range of financial and treasury products that are in line with its mission of becoming a comprehensive financial provider. As part of its...

Switzerland, 13/11/2024 (informazione.it - comunicati stampa - servizi)

"We are thrilled to introduce Bivial as our new identity," said Martynas Bieliauskas, CEO of Klarpay AG, rebranding to Bivial AG. "Our new name better reflects our mission to guide our clients along the pathways of financial innovation and trust. We will continue to leverage our strong foundation in financial technology, ensuring our customers receive the innovation and service they have come to expect while broadening our banking and regulatory footprint."

About Klarpay AG
Klarpay AG, soon to be rebranded as Bivial AG, is a deposit-taking financial institution authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) under the Swiss Federal Banking Act, Article 1b, offering modern Swiss accounts and cross-border payment solutions for digital businesses. Headquartered in Zug, Switzerland, Klarpay AG specialises in offering online businesses access to multi-currency IBAN accounts, global payment acceptance, and digital disbursement solutions. As the first Swiss-licensed fintech company to work exclusively with e-commerce, digital entrepreneurs, and social media influencers, Klarpay seeks to empower digital businesses through borderless, scalable, bespoke business accounts and payment solutions.

The official rebranding to Bivial AG is expected to be completed in the coming weeks.