BankActiveEst. 2017

ClearBank

UK · London · FCA (UK authorized, FSCS-protected)

ClearBank is a Bank based in UK (London), regulated by FCA (UK authorized, FSCS-protected). The institution operates an active Banking-as-a-Service program, launched in 2017.

ClearBank supports the following products and services: Accounts, Payments, FX, Crypto. The bank serves customers across UK, expanding to Europe.

Notable fintech partners include Circle (USDC/EURC), Coinbase, Tide, LemFi, Raisin, Chip.

Profile
Products Supported
AccountsPaymentsFXCrypto
Geographies Served
UK, expanding to Europe
Charter / Regulator
FCA (UK authorized, FSCS-protected)
API Standards
REST API, Open Banking, SEPA, SWIFT
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2017
Notable Fintech Partners

Circle (USDC/EURC), Coinbase, Tide, LemFi, Raisin, Chip

Regulatory Actions Summary

None confirmed active

Notes

UK's first new clearing bank in 250+ years. Cloud-native. Posted first full-year profit.

FSCS-protected deposits. Purely API-first with no branches or UI. Leading UK headless bank for BaaS.

Related Deals (4)
partnership

ClearBank Partners with Tazapay to Expand BaaS into Singapore

ClearBank partnered with Tazapay, a Singapore-based cross-border payments provider, on Apr 22, 2026. Tazapay becomes ClearBank's first Singaporean client and fifth non-resident Asian client onboarded this year. The deal gives Tazapay access to ClearBank's UK and European payment rails for real-time settlement.

partnership

ClearBank Secures MiCA Approval to Offer Stablecoin Services

ClearBank signed a framework agreement with Circle to collaborate on stablecoin initiatives in Europe. The deal covers access to USDC and EURC through Circle Mint and plans for ClearBank to join Circle Payments Network. The partnership aims to enable near-instant cross-border settlement via stablecoin infrastructure.

funding

ClearBank Secures £175M Equity Funding for Embedded Banking Expansion

ClearBank, a UK-based embedded banking and BaaS platform, raised £175 million in equity funding. The capital supports the company's growth in providing clearing and embedded banking infrastructure to fintechs and financial institutions. The raise underscores continued investor interest in European BaaS providers.

product launch

ClearBank Launches Multi-Currency Bank Accounts via API for Fintechs

UK clearing bank ClearBank became the first clearing bank to offer multi-currency bank accounts via API, supporting over 30 currencies. The service enables fintechs and regulated financial institutions to access real-time payment services and banking functionality. This positions ClearBank as a key BaaS infrastructure provider in the UK and European market.

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