ClearBank secures new Credit Institution Licence from the ECB to expand into Europe
The licence was secured by ClearBank Europe N.V., ClearBank’s newly established European entity.
The licence was secured by ClearBank Europe N.V., ClearBank’s newly established European entity.
The London-based fintech says it is now gearing up for an EU-wide launch “later this year”.
Volopa is currently applying for a UK EMI licence, which it expects to be granted this year.
Hagan has been tasked with leading the platform’s UK operations and market expansion efforts.
Wealthify’s new instant savings account will offer an interest rate of 4.91% AER / 4.80% gross.
Staples has previously served as global head of HSBC’s BaaS and embedded finance proposition.
Cooper joins ClearBank from Barclays UK, where she served as CPO for its consumer banking platform.
The partnership aims to provide African migrants in the UK with “an alternative to traditional banking”.
With the ClearBank partnership, Alba Bank aims to offer “near real-time payments” to its customers.
In his new role, Fry will be tasked with developing the bank’s position within the digital assets market.
The group claims that the appointments will afford it “the governance necessary for success on an international basis”.
ClearBank provides Allica with client money accounts and access to UK payment schemes.
Spiros Theodossiou joins from cloud accounting platform Dext, where he also served as CPO.
The service will also facilitate real-time account creation and addressable UK IBANs for SettleGo’s customers.
UK challenger bank also plans more funding rounds in next couple of years.
Trying to address the confusion around BIN access and other payments.
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
Those UK challengers are up to something.
The Capability and Innovation Fund’s first pool grants a total of £280m.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Looking for action and funds from £775 million RBS Alternative Remedies Package.
Its sponsor for the Faster Payment Service is ClearBank.
Allpay can now provide a virtual account platform.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
As first reported by Banking Technology, there is a newcomer on the UK challenger bank scene, ClearBank. The bank has now gone on the record about its focus and strategy. ClearBank will be a bank for banks, FIs and fintechs, i.e. a clearing bank, offering customers access to UK payment systems and core banking technology to support current account capabilities.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
The bustling UK challenger bank scene has grown by another addition, ClearBank. It is a brainchild of Nick Ogden, founder and former CEO of WorldPay.