ClearBank has moved into a new London-based headquarters building following a period of high growth and amid ambitious expansion plans.

The bank’s new headquarters are now located on the 27th floor of Broadgate Tower, a 35-floor, 164-metre skyscraper that sits at the heart of London’s financial centre.

The announcement comes as the bank’s total held deposits hit £18 billion and the company’s tenth anniversary fast approaches. Best known for its real-time clearing, embedded banking, and cloud-native capabilities, ClearBank said its new HQ underscores the “sustained demand” for such services.

The bank sees its new headquarters as a way of supporting a fast-growing team, which now totals 700 people, and improving collaboration between its staff, clients and partners. ClearBank’s technology is used by fintech titans like Revolut, Coinbase and Wealthify.

It also builds on a successful 12 months for the bank. During this time, ClearBank has rolled out its embedded banking, payments and clearing services to corporate customers and has expanded its leadership team with several big appointments.

Recent hires include Tristan Kirchner as CEO of ClearBank Europe, Neil Drennan as CTO and David Samper as Group CFO.

The bank is continually improving its “technology, operational resilience and regulatory readiness” to secure even further growth in the foreseeable future.

Describing the new London HQ opening as “a major moment” for the bank and its growth trajectory, Mark Fairless - group CEO - said: “Home to the fintech revolution, our position here enables us to support the next generation of customers and partners as they scale across borders, powering this thriving ecosystem to go from strength to strength.”

Economic Secretary to the Treasury Lucy Rigby, who officially opened ClearBank’s new HQ with the cutting of a branded ribbon, added: “It is brilliant to see ClearBank opening a new, larger London HQ. This is another vote of confidence in the UK as Europe’s number one fintech hub and a leader in financial innovation.

“By backing innovators like this, we’re driving growth, creating high-skilled jobs and helping put more money in people’s pockets.”

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