Klarpay AG expands its global payment capabilities with 13 new dedicated currency accounts


Klarpay AG marks a significant expansion of its international payment offering with the launch of 13 new currency IBAN accounts. This addition enables digital companies, including online merchants, ad networks, marketplaces, and influencers, to collect and disburse payments in AED, AUD, CAD, DKK, HKD, HUF, JPY, MXN, NOK, PLN, SEK, TRY, and ZAR globally via their corporate Klarpay account in addition to the 80+ payout currencies which are already available.

With the introduction of these new currency accounts, Klarpay’s customers will now be able to conduct business more efficiently in multiple countries and currencies, thereby expanding their reach and opening up new opportunities for growth. Klarpay’s international accounts are ideal for companies looking to expand globally through cross-border transactions. The addition of these new currency accounts furthers the company’s commitment to providing its merchant clients with the tools they need to succeed in today’s digital economy.

We are excited to offer our customers even more options for conducting cross-border transactions,” said Martynas Bieliauskas, CEO of Klarpay. “Our goal is to empower businesses of all sizes to reach new markets and customers, and these new currency accounts are an important step in achieving that goal.

Klarpay’s all-in-one dashboard and API make it easy for digital businesses to manage their cross-border transactions effectively, while the company’s predictable, secure, and cost-effective cross-border payment and FX capabilities ensure that online businesses can focus on growing their operations without having to worry about the logistics of international payments.


Klarpay AG builds a Cloud-Based Infrastructure to automate its services


Swiss fintech Klarpay AG chose to build its cloud-based infrastructure using Amazon Web Services (AWS). The company focused on high-value tasks, including improving its banking product by developing new features such as scalable and API-enabled transactional capabilities instead of using its resources to maintain a data center. Christos Alatzidis, Klarpay co-founder and CTO, states: “Paytech is evolving at a rapid rate, so it is crucial to be able to meet the demand. Creating an automated, scalable product means our merchant clients can reliably conduct transactions regardless of any unexpected traffic spikes, and our team can focus on upscaling our product.

Approximately 20 different AWS services are used by Klarpay’s cloud-based infrastructure. These include Amazon Elastic Compute Cloud, Amazon Elastic Kubernetes Service, AWS Lambda, Amazon API Gateway, and Amazon Managed Streaming for Kafka.

Since Klarpay launched its online transactional banking platform in early 2022, hundreds of online businesses have signed up from various verticals such as advertising, marketplaces, and other fintech companies. To be able to provide high-level services and set up a successful financial institution, there are specific legal and technical requirements that had to be met. AWS granular security and encryption services enabled Klarpay to set up the necessary compliance practices required by FINMA with the applicable financial and data protection regulations.

Modern online businesses need access to frictionless, scalable, and accessible B2B payment, banking, and digital disbursement solutions to transact globally. AWS enables us to offer products that are even more adaptable to the needs of digital entrepreneurs, such as fully API-enabled multi-currency accounts, virtual IBANs, and corporate expense cards,” says Klarpay co-founder and CEO Martynas Bieliauskas.