ClearBank

ClearBank operates a cloud-native clearing and embedded banking platform.

London, UK—Founded 2017—Website

£175MTotal raised

ClearBank provides next generation clearing and embedded banking platforms for financial institutions and fintech customers in the UK. The company delivers direct access to bank payment schemes and scalable bank accounts with deposit protection.

Team

Charles McManus

CEO

Investors

Apax DigitalLead

CFFI UK Ventures

PPF Financial Holdings

Funding history

Seed18 March 2022

£175M

ClearBank secures £175m from Apax Digital to fund international expansion

Apax Digital led a £175m growth equity investment in ClearBank to accelerate international expansion and broaden its product range.