Klar expands its offer to SMEs after the acquisition of Tribal

“The acquisition (of Tribal) has the potential to strengthen Klar’s connection with consumers by facilitating direct interaction with SMEs’ payrolls and the use of business accounts for salary dispersion,” Sofipo said in a statement.

He added that by managing companies’ financial data, he will be able to develop and offer personalized financial products to meet the specific needs of entrepreneurs and their collaborators.

“The symbiotic relationship between consumer and business banking is undeniable, and this move allows us to do what we do best: leverage technology to deliver world-class financial products previously reserved for a few,” said Stefan Möller, founder and CEO. from Klar, in a statement.

“By joining forces with Klar, we are creating a financial ecosystem that truly understands both sides of business banking: the companies that drive growth and the people who make it possible,” said Amr Shady, co-founder and CEO of Tribal.

Klar’s entry into the SME sector addresses a significant gap, leveraging its digital approach and customer-centric technology to provide small and medium-sized businesses with the same seamless banking experience enjoyed by its consumer customers.