PITTSBURGH, Pa., May 4, 2026. Mikolay Ventures, LLC announced on Friday, May 1, that it has completed a negotiated asset purchase of the operating assets of Clara Money through a newly formed operating company (the “Company”). Clara Money is a digital banking platform that provides compliant U.S. dollar accounts and payments infrastructure for international holding companies, multi-jurisdictional operators, and other cross-border businesses. Financial terms were not disclosed. Vincent Mikolay, Managing Director of Mikolay Ventures, has been named Chief Executive Officer of the new operating entity.
The newly formed Company assumes full operational responsibility for the Clara Money platform upon closing and will be headquartered in Pittsburgh, Pennsylvania. The asset purchase structure was designed to provide continuity for existing customers and a clean operational foundation for the platform’s next phase of growth.
Clara Money’s co-founders, who built and grew the platform, have completed a transition of ownership to the new Company. Ongoing strategy, governance, and execution will be led by Mikolay Ventures through the new operating company.
The Company will focus on serving international holding companies, multi-jurisdictional operators, and cross-border businesses requiring compliant U.S. dollar banking infrastructure, with active expansion underway. From its base in Pittsburgh, the platform will leverage the region’s banking heritage, technical talent, and attractive cost of living to build durable 21st-century banking capabilities.
“The market that Clara Money was built to serve is real and it is large. This transaction gives us the structure and the mandate to serve it properly. We’ve led complex operating transformations before. Now we’re applying that experience to a modern banking platform based in Pittsburgh. We are building from here.”
Existing customers have been notified directly. Additional details regarding the Company’s brand, leadership structure, and product roadmap will be announced in the coming weeks.
About Mikolay Ventures
Mikolay Ventures, LLC is a private executive advisory and investment firm led by Vincent Mikolay. The firm works with boards, owners, and chief executives on turnaround and transformation engagements, interim leadership, and cross-border market strategy. Vincent Mikolay’s background includes senior operating roles at global corporations, leadership in private equity and venture capital, and public service, with two decades of work globally. More information is available at mikolay.co.
Media contact
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www.mikolay.co/contact
Members of the press should submit interview requests, quote requests, and background inquiries through the contact form. Legal inquiries related to this transaction may be submitted through the same channel and will be routed to counsel.
Legal notice
This press release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it create any rights or obligations for any third party. Any forward-looking statements herein, including statements regarding future plans, performance, or outcomes, are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Mikolay Ventures, LLC and the Company assume no obligation to update or revise such statements except as required by law.