When was ClearBank founded?

ClearBank was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is ClearBank located?

ClearBank is headquartered in London, United Kingdom.

Which legal entities is ClearBank associated with?

ClearBank is associated with ClearBank Ltd and 1 other.

How many employees does ClearBank have?

As of Sep 30, 2026, the latest employee count at ClearBank is 768.

Is ClearBank a funded company?

ClearBank is a funded company, having raised a total of $477M across 7 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Feb 28, 2017.

How much is ClearBank worth?

The latest valuation of ClearBank is $***** as of Jan 13, 2020.

When was the latest funding round of ClearBank?

ClearBank's latest funding was a $***** Series E round on Mar 19, 2022, with participation from 2 investors.

What is the annual revenue of ClearBank?

Annual revenue of ClearBank is between £100M and £500M as on Dec 31, 2025

Where does ClearBank rank among its competitors?

ClearBank ranks 19th amongst 658 active competitors, of which 156 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Cross River Bank, which secured $20M in Oct, 2026.

Who are the top competitors of ClearBank?

ClearBank's top competitors include TrueLayer, Moniepoint and Cross River Bank. Among them, Cross River Bank secured the most recent funding round in October, 2026.

ClearBank - 2026 Company Profile, Team, Funding, Competitors & Financials

ClearBank is a series E company based in London (United Kingdom), founded in 2015 by Charles Mcmanus. It operates as a Provider of cloud based banking infrastructure and real time payments. ClearBank has raised $477M in funding from Apax and PPF Group, with a current valuation of $*****. The company has 658 active competitors, including 156 funded and 61 that have exited. Its top competitors include companies like TrueLayer, Moniepoint and Cross River Bank.

Company Details

Provider of cloud based banking infrastructure and real time payments. This entity offers regulated accounts and payment processing capabilities through an application programming interface. Financial institutions utilize these systems to manage accounts and facilitate the movement of funds. The infrastructure supports the integration of banking services into various financial platforms.

Website: clear.bank
Social
Email ID: *****@clear.bank

Key Metrics

Founded Year

2015

Location

London, United Kingdom

Stage

Series E

Total Funding

$477M in 7 rounds

Latest Funding Round

Series E, Mar 19, 2022, $*****

Post Money Valuation

$***** as on Jan 13, 2020

Investors

Apax & 20 more

Ranked

19^th among 658 active competitors

Annual Revenue

£100M - £500M as on Dec 31, 2025

Employee Count

768 as on Sep 30, 2026

Similar Companies

TrueLayer & 519 more

View ClearBank's full profile

ClearBank is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CLEARBANK GROUP HOLDINGS LIMITED CIN: 14254435 , United Kingdom, Active	Jul 24, 2022	-	-
ClearBank Ltd CIN: 09736376 , United Kingdom, Active	Aug 16, 2015	£100M - £500M (As on Dec 31, 2025)	238 (As on Dec 31, 2020)

ClearBank has raised a total funding of $477M over 7 rounds. Its first funding round was on Feb 28, 2017. Its latest funding round was a Series E round on Mar 19, 2022 for $*****. 2 investors participated in its latest round. ClearBank has 4 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of ClearBank:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 19, 2022	4895778	Series E	8040268	3542865	8921242	5387233
Sep 23, 2020	6028578	Grant (prize money)	5120545	5713356	2144211	BCR
Jan 13, 2020	2650050	Series D	6862255	1109884	4198012	6576824

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View details of ClearBank's funding rounds and investors

The founders of ClearBank is Charles Mcmanus. Mark Fairless is the CEO of ClearBank.

Here are the details of ClearBank's key team members:

Charles Mcmanus: Co-Founder of ClearBank. They serve on the board of 1 company.
Contact Info: 1 email address
Mark Fairless: Co-CEO of ClearBank.
Contact Info: 1 email address

ClearBank's Board of Directors

ClearBank's board has 9 active members. Charles Mcmanus, Jonathan Nicholas Ogden, James Hopkinson, David Gagie and Nick Ogden are part of team and Mel Gerard Carvill, Philip John, Catherine Martina Doran and Shonaid Christina Ross Jemmett-Page are independent board members.

Here is the list of ClearBank's board of directors:

Name	Type	Representing	Status	Duration
Charles Mcmanus	Team	-	Current	10y 10m
Nick Ogden	Team	-	Current	11y 2m
dtgkwnu	Team	-	Current	7y 4m
nlsjlvm	Team	-	Current	4y 2m
gjtinft	Team	-	Current	3y 1m
poxvyiq	Team	-	Past	7y 7m
Mel Gerard Carvill	Independent board member	-	Current	10y 6m
xgjudbn	Independent board member	-	Current	7y 4m
lhipnoe	Independent board member	-	Current	2y 6m
yygr{gz	Independent board member	-	Current	6y 7m
qvxukea	Independent board member	-	Past	9y 7m

View details of ClearBank's Founder profiles and Board Members

ClearBank's employee count trend

ClearBank has 768 employees as of Sep 26. Here is ClearBank's employee count trend over the years:

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Top competitors of ClearBank include TrueLayer, Moniepoint and Cross River Bank. Here is the list of Top 10 competitors of ClearBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TrueLayer 2016, London (United Kingdom), Series E	Provider of open banking infrastructure for digital payments and verification	$349M	Northzone, Temasek & 28 others	78/100
2nd	Moniepoint 2019, London (United Kingdom), Series C	Provider of integrated financial services for business and individual users	$266M	Novastar Ventures, Quantum Capital Partners ... & 22 others	76/100
3rd	Cross River Bank 2008, Fort Lee (United States), Series D	Platform offering API-driven financial infrastructure	$918M	Shefa Capital, Eldridge Industries & 20 others	74/100
4th	Galileo 2000, Sandy (United States), Acquired	Provider of cloud-based platform for financial technology and digital banking	$85M	Mercato Partners, Accel & 3 others	72/100
5th	Pomelo 2021, Buenos Aires (Argentina), Series C	Platform offering open banking API	$158M	Kaszek, Tiger Global Management & 40 others	71/100
6th	Trustly 2008, San Carlos (United States), Acquired	Open banking-enabled payment processing solution for businesses	$28.7M	Neuberger Berman, Investment Corporation of Dubai ... & 7 others	71/100
7th	Modulr 2016, London (United Kingdom), Series C	Provider of automated payment processing and financial infrastructure software tools	$200M	Highland Europe, General Atlantic & 23 others	69/100
8th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Kibo Ventures & 28 others	69/100
9th	Lean 2019, Riyadh (Saudi Arabia), Series B	Provider of open banking platform for financial data and payments	$104M	Peak XV Partners, Raed Ventures & 29 others	69/100
10th	Griffin 2017, London (United Kingdom), Series A	Provider of banking infrastructure and embedded financial product software interfaces	$67.4M	MassMutual Ventures, NordicNinja & 41 others	69/100
19th	ClearBank 2015, London (United Kingdom), Series E	Provider of cloud based banking infrastructure and real time payments	$477M	BCR, Apax & 19 others	65/100