Charles McManus

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ClearBank Appoints New CEO

1 month ago | ffnews.com | Lauren Hinton |Peter Herbert |Mark Fairless |Charles McManus

ClearBank has appointed Mark Fairless, formerly CFO, as its new CEO. ClearBank’s co-founder and former CEO, Charles McManus, will continue to play an active role in driving the business strategy as a non-executive member of the Group Board. Mark Fairless, who has served as ClearBank’s CFO and Group Board member, since January 2023, has been appointed CEO.
ClearBank Onboards First Clients to T2 European Payments System

Oct 11, 2024 | ffnews.com | Lauren Hinton |Charles McManus

ClearBank, the enabler of real-time clearing and embedded banking, today announced it has successfully onboarded its first European clients to the Eurosystem’s payment rail, T2. The fintech clearing bank welcomes OpenPayd, Pay Perform (which trades as Orbital), and Transact Payments, which will all benefit from real-time transactions in Euros. T2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem.
The UK is a leading FinTech market: it now needs to embrace digital assets

Sep 6, 2024 | medium.datadriveninvestor.com | Charles McManus |Jonny Fry

Written by Charles McManus, CEO Clear.BankThe United Kingdom has solidified its leading status in FinTech by becoming the primary choice for this sector, with 134 technology unicorns in the last ten years whereby exceeding the combined totals of France and Germany. Despite economic headwinds, the UK has remained resilient and appealing to investors, sustaining its leadership.
ClearBank joins the Digital Pound Foundation

Mar 27, 2024 | ffnews.com | Lauren Towner |Charles McManus |Jannah Patchay

ClearBank has announced their membership to the Digital Pound Foundation’s (DPF) membership community. ClearBank joins the Foundation as an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups. As a member, ClearBank will have the opportunity to work with the Foundation as partners on collaborative projects.
Innovate Finance Launches the first Unicorn Council for UK FinTech

Mar 4, 2024 | ffnews.com | Lauren Towner |Philip Belamant |Janine Hirt |Charles McManus

Innovate Finance, the independent industry body for UK FinTech, today launches the first Unicorn Council for UK FinTech (UCFT), a coalition of UK-based FinTech unicorn founders to accelerate and unlock promised growth in the UK FinTech sector. The Council will be co-chaired by Janine Hirt, CEO of Innovate Finance, and a steering committee of FinTech leaders including Philip Belamant, CEO of Zilch and Charles McManus, CEO of Clearbank.
Allica Bank enlists ClearBank to boost business banking for UK SMEs

Jun 7, 2023 | ffnews.com | Lauren Towner |Charles McManus

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses. Allica Bank was founded to serve established UK SMEs (businesses with 10-250 employees) and provide them with tailored, human support, backed up with the latest banking technology—which established SMEs struggle to get from the big banks.
At the intersection of financial services and fintech, meet ClearBank

Apr 4, 2023 | maddyness.com | Charles McManus

ClearBank was founded to address a gap in the market around reducing friction in clearing and allowing for greater innovation for fintechs. It set out to remove the barriers in banking for pioneering fintechs, and enable them to integrate innovative banking services without the cost and complexity of acquiring a banking licence. Tell me about the business – what it is, what it aims to achieve, who you work with, how you reach customers and so on?