Klarpay AG is pleased to announce that it will officially rebrand to Bivial AG in the coming weeks.
As noted in a blog post by Kkarpay, the new name reflects the company’s evolving vision and core values while adding a “personal touch”—by including the initials of its founders.
Although Klarpay AG has been known for its specialization in cross-border corporate payments, Bivial AG is seeking to expand its offerings to “provide a more suite of financial services.”
The name “Bivial” symbolizes the importance of two-way transaction flows—a fundamental “principle in payments and business.”
This rebranding of the Fintech firm reportedly underscores the company’s commitment to delivering “seamless, secure, and complete financial solutions for businesses worldwide.”
As part of its overall business growth strategy, Bivial AG will also seek to expand its regulatory authorizations.
Building on its 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.”
Martynas Bieliauskas, CEO of Klarpay AG, said that their rebranding to Bivial AG aims to more accurately reflects their mission to guide their clients along the pathways of “financial innovation and trust.”
Bieliauskas added that they will continue to leverage their strong foundation in financial tech, ensuring customers receive the innovation and service they have come to “expect while broadening our banking and regulatory footprint.”
As reported around the midpoint of 2024, the team at Klarpay provided an update to their clients and partners on the Fintech firm’s milestones and achievements in the first half of the year.
Klarpay has been active on the global stage, participating in events to strengthen international relationships and explore opportunities.
According to a blog post from Klarpay, these reportedly include iFX Expo Dubai, ICE London, Affiliate World Middle East, Merchant Payment Ecosystem, MRC Barcelona, Reflect Festival, Money 20/20, iFX Expo and many more.”
Klarpay says that its presence at these events “not only underscores our commitment to staying ahead of industry developments and forging strategic partnerships worldwide but also serves as a vital opportunity for us to listen to our clients and partners’ needs.”
Understanding the pain points of digital businesses is crucial for them “as a financial institution to address effectively.”
