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.
- 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
Circle (USDC/EURC), Coinbase, Tide, LemFi, Raisin, Chip
None confirmed active
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.
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.
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.