Since its inception in 2017, ClearBank has provided financial services to corporate customers via cloud-based, smart and robust technology offering real-time payment settlement. Swift processing and next-generation financial solutions are integral to ClearBank’s business model. Transactions in 2021 came to EUR 140 billion. As at 31 December 2021, PPF Group held a 44.78% stake in ClearBank.
Headquartered in the United Kingdom, the bank is subject to joint regulation by the British authorities responsible for supervising the financial markets: the Prudential Regulation Authority and the Financial Conduct Authority.