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ClearBank: Expands with new multi-currency offering | Fintech InShorts: Latest fintech news, analysis by experts

ClearBank: Achieves Monthly UK Profitability and Nearly Triples YoY Income to £58m in 2022

Less than 1 min.Read

ClearBank: Expands with new multi-currency offering

By Laura M

October 6, 2021

ClearBank: Expands with new multi-currency offering

ClearBank the UK’s first new clearing bank in more than 250 years. It delivers a new level of open competition
Announces the launch of a new multi-currency solution that will reduce friction for fintech and financial institutions
API-driven technology and Banking-as-a-Service (BaaS) capabilities have already created seamless payment solutions in Sterling
VertoFX, a B2B currency exchange marketplace, and payments platform is the first to use a multi-currency product
The new multi-currency offering allows users to transact internationally at a reduced cost and with the greatest ease
The technology can be integrated into platforms that currently have a multi-currency offering