ClearBank establishes ClearBank Europe N.V. in the Netherlands for European expansion and Euro/Sterling clearing.

ClearBank, a UK-based embedded banking firm, establishes ClearBank Europe N.V. in the Netherlands for European expansion. The Dutch bank license and ECB's Credit Institution Licence enable Euro and Sterling clearing, with USD services to follow. ClearBank plans to invest €70m and hire 60+ employees in five years, offering multi-currency and FX services, as well as secure embedded banking.

8 months ago
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