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ClearBank Secures Dutch License for European Expansion

Aug 9, 2024, 08:37 AM

ClearBank, a UK-based fintech company, has secured a Dutch banking license, marking a significant milestone in its expansion strategy across Europe. This development allows ClearBank to offer real-time clearing and settlement services to clients throughout the continent. The acquisition of the license is a crucial step for ClearBank as it aims to provide clearing and embedded banking services to both UK and European institutions. This move is expected to pave the way for substantial growth in the fintech sector.