ClearBank - News, Articles & Research

IFGS 2023: Financial services finding new confidence in economic crises

The Innovate Finance Global Summit 2023 kicked off at Guildhall in London this morning, to bring together experts in the industry to discuss new innovations in the UK fintech sector. The event showcases innovators and vendors from all over the world to London to discuss key trends and topics including innovation, sustainability, and regulation which will drive the UK fintech financial services ecosystems forward.

17 April 2023

Company announcement/payments

ClearBank nearly triples YoY income to £58m in 2022

ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, today presents the results from its 2022 Annual Report revealing the bank nearly tripled income to £58m in 2022 (+173% YoY) after reaching monthly UK profitability.

04 April 2023

News/people

ClearBank partners Code First Girls

Cloud-based banking platform ClearBank is the latest financial sector player to actively recruit female coders through a partnership with Code First Girls.

17 March 2023

News/wholesale

ClearBank appoints banking exec Mark Fairless as CFO

Clearbank has announced the appointment of Mark Fairless as chief financial officer (CFO), to support the firm's international growth.

17 January 2023

Company announcement/crime

ClearBank selects ThetaRay AML monitoring tech

ClearBank, the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of AI-powered transaction monitoring technology, today announced they will collaborate in cloud-native anti-money laundering (AML) monitoring to protect ClearBank against financial crime with ThetaRay’s robust and industry-leading AI solution.

29 November 2022

News/payments

ClearBank to expand internationally after hitting profitability

Embedded banking provider Clearbank has reached profitability after tripling 2022 year-to-date revenues compared to the same period last year.

24 November 2022

News/retail

Raisin migrates to Clearbank

Savings and investment fintech Raisin is migrating its UK banking platform to emebedded banking outfit Clearbank, in the process gaining access to FSCS protected accounts and faster payment rails.

27 October 2022

News/Sibos

Sibos 2022: BaaS provider delays cost fintechs $11m a year – ClearBank & Aite-Novarica

New research from ClearBank and Aite-Novarica Group reveals that half of fintechs are losing $11m per year in product delays due to BaaS (Banking-as-a-Service) providers. The report states that fintech firms must now embrace an embedded banking approach.

11 October 2022

Company announcement/retail

Fondy to offer merchant customers virtual Iban accounts through ClearBank integration

ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, today announced its integration with Fondy, a one-stop payment platform, to provide ecommerce companies with an efficient, easy-to-implement shop payment solution.

22 September 2022

News/people

ClearBank hires Andrew Barker as chief revenue officer

ClearBank has announced the appointment of Andrew Barker as its new chief revenue officer.

08 September 2022

Company announcement/payments

Kroo taps Clearbank fo access to payment schemes

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, today announced that it has been selected by Kroo to provide access to all UK payment schemes as well as accounts for its operational funds.

14 July 2022

Company announcement/crypto

Ziglu to offer virtual GBP bank accounts via ClearBank

ClearBank, the cloud-based clearing bank, today announced that it is providing agency banking services to UK-based money app Ziglu.

07 June 2022