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 £309 million in transactions, averaging over 25 million transactions a month – a 44% increase on 2023. It also handled 144,000 multi-currency payments, marking a 75% rise on the previous year.
ClearBank now serves more than 250 businesses, holding over 14m accounts exceeding EUR 13 billion in client deposits, including 1.7 million embedded banking accounts. As at 31 December 2024, PPF Financial Holdings a.s. held a 35.86% stake in the company.