eClear | borderfree, founded in 2016, is a promising player in the realm of AI, Finance, Financial Services, and Payments. Headquartered in Germany, this company aims to revolutionize borderfree commerce within and into Europe. Their motto, "Borderfree Commerce Within And Into Europe," underscores their commitment to simplifying and automating VAT and customs processes.
By establishing harmonized EU standards, eClear leverages advanced technology through its innovative SaaS solutions. These solutions facilitate compliance, improve operational efficiency, and foster business growth for sellers, platforms, and marketplaces seeking smoother entry and operations within the European market.
Recently, eClear secured a Series B round of funding, raising €2.50M on 14 December 2023. This financial injection further bolsters their position as they continue to enhance and expand their borderfree commerce solutions.