Fundz

Clearbank, A Uk Banking Rails Provider, Raises $230M From Apax To Expand Into Europe And The U.S.

Mar 18, 2022

Amount Raised

$230 Million

Round Type

Funding Round

LondonFinancial ServicesSoftwareFinanceFintechBanking

Description

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.

Quick answer

ClearBank raised $230 Million in a Funding Round round, dated March 18, 2022. ClearBank is based in London, England, United Kingdom.

How much did ClearBank raise?
ClearBank raised $230 Million in a Funding Round round on March 18, 2022.
What does ClearBank do?
ClearBank was built on the belief that banking infrastructure would no longer slow down progress.
Where is ClearBank based and how big is it?
ClearBank is based in London, England, United Kingdom. Fundz records about 740 employees.
Who are the decision-makers at ClearBank?
Fundz holds 1 contact at ClearBank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as ClearBank that raised within 45 days of this round, from Fundz verified event records.

  • Jupiter raised $203K (Pre-Seed) on March 15, 2022.
  • Jupiter raised $22M (Funding Round) on March 14, 2022.
  • Alkami Technology raised an undisclosed amount (Funding Round) on February 8, 2022.
  • Glacier Bancorp raised $4.5M (Seed) on April 19, 2022.
  • Grain raised $16M (Funding Round) on April 12, 2022.
  • Circle Internet Group, Inc. raised $400M (Funding Round) on April 12, 2022.

Who to call at ClearBank, and when

A new round usually means ClearBank is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ClearBank raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ClearBank, from your own LinkedIn network

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Company Information

Company

ClearBank

Location

London, England, United Kingdom

About

ClearBank was built on the belief that banking infrastructure would no longer slow down progress. Instead, it would be the catalyst that unlocks the potential to innovate. It would adapt to cater to different needs so a new era in financial services could begin.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment ClearBank raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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ML-powered predictions for ClearBank's next move

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ClearBank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.