ClearBank, a UK banking rails provider, raises $230M from
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services — has closed a big round of funding, money it will be using to take its services beyond its home market and move into newer areas such as cryptocurrency exchanges. The company has raised £175 million ($230 million at today’s conversion rates), from a single investor, the PE firm Apax Partners.
