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PPF Financial Holdings

ClearBank

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:

  • Deloitte Fast 50 – 4 years as one of the fastest growing UK technology companies
  • CNBC – Top 250 global fintech companies, 2024
  • British Bank Awards – Technology Partner of the Year, 2024
  • UK FinTech Awards – Banking Tech of the Year, 2024

"ClearBank is the UK's first proven and fully regulated cloud-native clearing bank for over 250 years, now moving onto the international stage. We provide secure, efficient, and trusted banking solutions through our leading and fully scalable technology platform. Our focus is on enabling seamless payments and financial services for global businesses through our strong partner network, and in working with innovative and ambitious companies, we are on a mission to help drive positive change in the financial sector."

Mark Fairless

CEO ClearBank

Contacts

ClearBank Ltd.

Borough Yards, 13 Dirty Lane
SE1 9PA London
United Kingdom