Klearing is a B2B trading platform that streamlines payments and communication between businesses. It offers tools for order management, invoicing, and secure financial transactions, simplifying the trade process for companies.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses engaged in international trade often face challenges in managing communication, payments, and foreign exchange (FX) transactions across multiple platforms. Traditional methods can be inefficient, costly, and lack transparency, leading to delays and increased operational overhead.
Solution
Klearing provides a unified platform designed to streamline global trade processes by integrating secure communication channels, multi-currency accounts, and FX payment capabilities. The platform enables businesses to connect and organize communication with trading partners through dedicated channels, facilitating faster and more secure interactions than traditional email. Users can hold, convert, and make payments in multiple currencies, leveraging competitive FX rates typically reserved for larger enterprises. Klearing aims to reduce transaction costs and improve efficiency by offering transparent pricing and free settlement with other companies on the platform.
Target Audience
Klearing targets startups and large companies involved in international trade, particularly those seeking to optimize their FX transactions and improve communication with global partners.
Features
- Dedicated trade channels for secure communication, file sharing, and settlement with integrated invoice authentication and approval.
- Multi-currency accounts supporting 22 currencies for receiving and sending payments.
- Access to FX rates normally reserved for large companies, with transparent pricing and no hidden fees.
- Integration of voice and video call features within trade channels to enhance communication.
- Secure platform access with two-factor authentication and safeguarding of funds through FCA-regulated e-money partners.
- Ability to make payments to 130 countries and receive funds from 58 countries.