ClearBank is a fast-growing clearing bank that operates entirely in a cloud-based environment. It serves over 230 clients in the UK, and recently obtained its European banking licence.
PPF Financial Holdings
ClearBank is a fast-growing clearing bank that operates entirely in a cloud-based environment. It serves over 230 clients in the UK, and recently obtained its European banking licence.
Launched in 2017, ClearBank provides financial institutions and corporations with banking and payment infrastructure built on a cloud-native, intelligent and robust technology solution offering real-time clearing and embedded banking. In 2024, ClearBank processed 309m GBP transactions averaging over 25m transactions a month – a 44% increase on 2023. It also processed 144k multi-currency payments in 2024, a 75% increase from the year prior.
ClearBank now serves 230+ businesses, holding over 13m accounts exceeding £10bn in client deposits, including 1.7m embedded banking accounts.
As of 31 December 2024, PPF Financial Holdings a.s. held a 35.86% stake in ClearBank.
Highlights:
CEO ClearBank
Borough Yards, 13 Dirty Lane
SE1 9PA London
United Kingdom
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