Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. The company’s CEO said customer flows into its platform rose by 20% during the week SVB collapsed, Bloomberg reported Monday (March 27). “We’ve had a lot of inflow that’s driven that surplus cash...
Embedded banking firm ClearBank has named Mark Fairless to lead its finance team. In addition to his duties as CFO, Fairless, a veteran of companies that include M&G, Santander and Barclays, will also serve on the ClearBank board and executive committee and help the company’s international...
Investment and savings platform Raisin has migrated its United Kingdom platform to banking infrastructure provider ClearBank. In this new collaboration, ClearBank will underpin the Financial Services Compensation Scheme (FSCS)-protected account used by Raisin UK customers and will provide access to payment rails through its embedded...
Today in B2B payments, iControl and MarginEdge partner to help solve the problems restaurants face when buying and selling alcohol, while Auditoria.AI introduces smartbots that help companies run their helpdesks. Plus, Berlin-based startup Workist raises about $8.7 million to help automate B2B transactions. iControl, MarginEdge...
April 17, 2017
Nick Ogden seems to have a thing for years that end in seven. In 1997, he founded Worldpay, an online payments processor based in the U.K. that he sold to RBS in 2002. In May 2007, Voice Commerce, the voice biometrics company he founded in 2003, launched VoicePay, the consumer-facing application of the company’s secure […]
April 04, 2024
Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April 4) that the company has applied for a banking license in the Netherlands, and is considering launching in the U.S. by 2026, possibly through an acquisition. For the moment, the […]
March 27, 2023
Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. The company’s CEO said customer flows into its platform rose by 20% during the week SVB collapsed, Bloomberg...
January 17, 2023
Embedded banking firm ClearBank has named Mark Fairless to lead its finance team. In addition to his duties as CFO, Fairless, a veteran of companies that include M&G, Santander and Barclays,...
October 28, 2022
Investment and savings platform Raisin has migrated its United Kingdom platform to banking infrastructure provider ClearBank. In this new collaboration, ClearBank will underpin the Financial Services Compensation Scheme (FSCS)-protected account...
