ClearBank
ClearBank is a UK (outside the EU/EEA) fintech-infrastructure provider (BaaS, IBAN sponsor). Verified at source - licence, regulator and registry reference. Active
Who it's for
ClearBank is built for teams that want accounts, payments and cards behind one contract and one API. It operates with a full banking licence - deposit-guaranteed accounts and credit products are on the table. Verified stand-outs: local IBANs in GB, NL.
Sovereignty profile
- Data residency (EEA): Partial - partly in the EEA - check the rail
- Company origin: UK (UK)
- Local IBANs: GB; NL
- Client funds: deposits at a credit institution - deposit guarantee scheme applies (up to EUR 100,000)
What ClearBank does
Capabilities & rails
- ⚖ MiCA: CASP
- 🛤️ Payment rails (documented): SCT · SCT Inst · FPS · Bacs · CHAPS
- Account model: Virtual · Dedicated
- Account currencies: EUR; GBP
Verified licence profile
UK clearing bank (PRA/FCA) + ECB credit-institution licence via DNB (NL) for EUR. GBP at BoE, EUR at DNB/ECB. EEA-capable now. ClearBank Europe became the first Dutch credit institution cleared as a MiCA CASP (AFM notification, Apr 2026), offering Circle EURC/USDC to institutional clients.
Verified 2026-07-19. How we verify → · Spotted something out of date? Report a correction. · Are you ClearBank? Work with us →
Built on
- Circle (runs-on) — Offers Circle EURC/USDC stablecoins to institutional clients (Apr 2026)
Timeline
- 2026-04 [licence] ClearBank Europe first Dutch credit institution cleared as MiCA CASP; offers Circle EURC/USDC
European alternatives to ClearBank
🏦 Local IBANs: LT
Bankera (Lithuania) - business and personal banking (LT IBANs, SEPA/SWIFT, cards) operated via UAB Pervesk (EMI, Bank of Lithuania). Earlier 2017-18 ICO-funded history.
🏦 Local IBANs: GB DE LU
Banking Circle S.A. (Luxembourg) - cross-border banking, accounts, payments and settlement for banks, PSPs and fintechs; issues the EURI euro stablecoin. Credit institution, CSSF (LUB00000408); not the unrelated 'Circle Group S.A.'.
🏦 Local IBANs: ES
Cecabank (Madrid, Spain) - wholesale bank offering BaaS to FIs, fintechs and corporates: payments, securities services, treasury and digital solutions; a settlement/agency bank enabling fintech payments and IBANs.
🏦 Local IBANs: LT
ConnectPay (Lithuania) - BaaS and embedded finance for platforms (accounts, payments, cards). EMI No. 24 (Bank of Lithuania); PIS/AIS extension 2024.
🏦 Local IBANs: CY
ECOMMBX (Cyprus) - business IBAN accounts in the company's own name, cross-border payments, cards, acquiring and multi-currency (ECOMMVERSE platform). Cypriot EMI (Central Bank of Cyprus).
🏦 Local IBANs: IT
Fabrick (Italy) - licence-as-a-service and open-finance middleware, including virtual IBANs as a service (via Banca Sella rails). Payment Institution (AIS+PIS), Bank of Italy; 80% owned by Banca Sella.
Side-by-side
Verified facts in one table - licence, residency, rails. No verdict.
FAQ
Is ClearBank European / EEA-based?
Partly. ClearBank is UK origin (UK); part of its rail or data sits outside the EEA - check the licence profile.
What does ClearBank do?
ClearBank covers: BaaS, IBAN sponsor. Verified at source by Fintechnologica.