Bivial, a Zug-based fintech company providing digital businesses with multi-currency IBAN accounts and global payment solutions, has increased its annual profit by 110% compared to the previous year. Additionally, the company has expanded its team to almost 50 exceptional individuals and further strengthened its position in the fintech sector in Switzerland.
Bivial (formerly Klarpay) is a B2B licensed fintech startup offering online businesses access to IBAN accounts in multiple currencies, global payment acceptance, and digital disbursement solutions. The company currently supports 17 currencies—CHF, EUR, USD, GBP, AED, AUD, CAD, DKK, HKD, HUF, JPY, MXN, NOK, PLN, SEK, TRY, and ZAR. Most recently it added CZK and SGD, enabling digital companies to seamlessly collect and disburse CZK and SGD payments worldwide via their Corporate Bivial Account.
Since commencing operations, Bivial has remained consistently profitable, doubling its annual profit in 2024 compared to the previous year. This sustained profitability has enabled the company to build a strong equity base, consistent with the capital levels expected of institutions operating under a full banking license, thereby ensuring long-term financial resilience and supporting the scalable development of its business activities.
Bivial's mission to deliver transparent, efficient, and high-performing financial infrastructure has earned it the trust of nearly 500 corporate clients and counting. With its foundation in place, the company remains focused on enhancing its core offerings and expanding its reach.
“Growing our team and doubling profits within a year is a testament to the strength of our business model and the dedication of our people,” says Martynas Bieliauskas, CEO and Co-founder of Bivial. “We've proven that fintech companies can grow rapidly and responsibly without compromising on quality.”
Despite ongoing economic pressures and a challenging global market, Bivial has demonstrated that disciplined growth and innovation can go hand in hand. The company continues to experience strong demand for its services, which are grounded in proprietary technology and a customer-first approach.
Looking ahead, Bivial will continue investing in its people, technology, and regulatory capabilities to support its ambitious roadmap. As the fintech space evolves, Bivial is committed to staying ahead of the curve—driven by performance, guided by sustainability, and powered by innovation.
(RAN)
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The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". 
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