Interpolitan Money announces partnership with ClearBank

LONDON, UK – 25 February 2025 – UK-headquartered alternative banking firm Interpolitan Money Plc today announced its new partnership with real-time clearing and embedded banking facilitator ClearBank. As a fully regulated bank, ClearBank will improve Interpolitan’s UK solutions by providing local GBP accounts for its corporate and private client base, complete with embedded Confirmation of Payee (CoP).

Smart, secure accounts with faster payment rails

By leveraging ClearBank’s platform, we can now issue virtual accounts and IBANs under our own brand identity. We can also continue accessing UK payment schemes like Faster Payments, BACS, and CHAPS, which will help us empower individuals and businesses facing challenges with traditional banking providers.

In late 2024, we successfully migrated to a new client platform to support our ambitious growth strategy and provide a foundation for ongoing product development. We embedded cloud-based technology solutions, including ClearBank’s infrastructure, as part of this migration.

Going forward, our partnership with ClearBank will help us simplify a complex financial landscape and make life easier for clients with sophisticated international banking needs.

“At Interpolitan Money, we empower clients and intermediaries facing traditional banking barriers with tailored service and exclusive multi-currency solutions for seamless local and international transactions,” said Anoop Nair, Head of Banking Relationships and International Expansion, Interpolitan Money.

“ClearBank’s agency banking solution is pivotal in enabling us to offer GBP local accounts – a cornerstone for international private wealth management and businesses expanding into the UK, a vital hub for global growth. This partnership also strengthens our ability to provide multi-currency accounts, empowering UK businesses to trade and grow internationally with confidence. ClearBank’s expertise and seamless integration have been instrumental in helping us fulfil our mission to connect a global community through our alternative banking solutions.”

“We’re delighted to partner with Interpolitan Money as it continues to expand and redefine alternative banking solutions. ClearBank’s innovative platform and commitment to secure, seamless services align perfectly with Interpolitan’s vision of delivering a premium client experience. We look forward to strengthening our partnership and exploring new opportunities for growth together.” Fraser Russell, Head of Mid-Market, ClearBank.

About Interpolitan Money

Interpolitan Money Plc is an FCA-regulated electronic money institution (EMI) specialising in alternative banking solutions that help its private and corporate clients expand internationally, invest in foreign markets, buy property and solve global banking challenges.

As an EMI rather than a traditional bank, Interpolitan Money can open accounts in as few as 7–10 days. The company holds client funds in dedicated safeguarding accounts with tier one banking partners to ensure they’re always protected.

Interpolitan Money is part of the LCCI International Trade Advisory Service, providing clarity and offering alternative banking guidance and solutions to advisory service members, community, network and non-members. Our accounts make it easier for international clients to launch ventures in the UK and domestic businesses to expand into new global markets.