Tag: Christos Alatzidis

The FINMA-regulated fintech Klarpay was founded in 2019 by former BDSwiss executives with offices in Switzerland and Cyprus. They secured CHF 3 million in seed funding in 2022. The company announced the appointment of Markus Emödi as the Chief Legal & Compliance Officer and Deputy CEO. He joins Klarpay from CIC, the fourth-largest banking group in France, and has over 20 years of experience in the financial industry.

Klarpay is a FINMA-regulated financial institution with offices in Cyprus. In Q1 2022, the Payabl Group led a seed...

Klarpay is a FINMA-regulated FinTech and received an investment from Payabl Group a few months ago. The latter was founded by former Wirecard executives Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander-Knoechelmann. Klarpay announced that in Q3 it became a Principal Member of the VISA network and integrated Visa’s B2B Connect, which enables Klarpay’s business customers to perform cross-currency outbound payments. And it introduced Apple Pay.

A few months ago, the Cyprus-based Payabl. (formerly PowerCash21) founded by former Wirecard managers Ruediger Trautmann, Dietmar Knoechelmann, and his wife Ayelet Fruchtlander Knoechelmann, led a CHF 3 million investment in the Swiss FINMA-regulated Klarpay AG. Key people of Klarpay are based in Cyprus, and Turkey is probably the most important market according to the latest Similarweb statistics. Klarpay appears as a BDSwiss spin-off, with most of its key executives having worked for the CySEC-regulated broker.