ClearBank
Clearing bank
- 501-1000 employees
- Fintech
- B2B
- Banking
- City of London, London, UK
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Company mission
To create the best and most sustainable banking and payment infrastructure in the world.
9% employee growth in 12 months
Our take
Founded in 2015, ClearBank was the UK's first new clearing bank in 250 years. The company aims to make payments faster and cheaper and, by doing so, disrupt a market that currently lacks competition.
The company differentiate itself through its cloud-native technology that facilitates transactions between financial institutions, fintech and other financial service providers. Moreover, the bank empowers its partners to offer real-time payment and innovative banking services to their clients.
Serving a wide range of financial institutions, including Tide and Coinbase, the company has focused its funding toward its consistent expansion, offering its single API cloud-native platform to financial institutions around the world, from Europe to North America and Asia Pacific. The company counts Dozens, OakNorth, and Tide among its partners.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Holiday swap: Option to move your bank holidays to any other day of your choice
- Work abroad: The flexibility to work abroad for up to 30 days per 12 months rolling
- Socials: Two socials per year for everyone in the business to get together to mix and mingle, plus regular team socials
- Family: Enhanced family-friendly leave
- Personal development: Personal development budgets, opportunities to take part in role-related training and unlimited LinkedIn Learning
- Pension: A generous pension contribution that starts when you do
- Time off: 27 days of annual leave per year, plus bank holidays
- Bigger than ClearBank: Take 2 days per year to do something that matters to you
- Wellbeing: 24/7 employee assistance programme including mental health support, life assurance and income protection
- Flexibility: We support a culture of flexibility which allows our employees to achieve a strong work-life balance
- Healthy living: Private healthcare and discounted dental cover, with employee perks and discounts
Funding (last 2 of 6 rounds)
Mar 2022
$230.9m
GROWTH EQUITY VC
Aug 2020
$33m
GRANT
Total funding: $641.1m
This company has top investors
Leadership
Mark Fairless
(Group CEO & Executive Director)Mark joined ClearBank in 2023 as a Group CFO, moving into the role of Group CEO in 2025. Previously, they were a Finance Trustee at Bore Place. They also spent over 5 years at Santander UK in various roles, including Head of Decision Support/Transformation.
David S.
(Group CFO)Prior to joining ClearBank in 2025, David was the CFO at Newcastle Building Society and Sainsbury's Bank. Before that, they spent 10 years at Royal Bank of Scotland in various roles, including Head of Finance at Ulster Bank and UK Corporate Banking.