ClearBank, a Fintech focused on real-time clearing and embedded banking services, has named Singapore-based Tazapay as its first client from the city-state. The announcement, made on 22 April 2026, underscores the growing momentum in cross-border payments and deepens connectivity along the vital Asia-Europe corridor. The tie-up represents more than a routine onboarding.
Tazapay becomes ClearBank’s inaugural Singaporean partner and the fifth Asian-headquartered client from outside its core region to join the platform this year.
Industry professionals note that this trend highlights strong appetite among fast-scaling, well-regulated payments businesses for reliable, instant-settlement infrastructure in the UK and European markets.
Under the agreement, ClearBank’s UK entity will grant Tazapay direct access to its established payment networks across Britain and continental Europe.
The arrangement delivers instant settlement capabilities and ensures fully compliant handling of traditional currency transactions for Tazapay’s merchant and platform customers.
For Tazapay, the link provides bank-level security and speed as it pushes further into European corridors, supporting its broader international expansion plans.
Tazapay operates a comprehensive cross-border payments infrastructure from its Singapore headquarters.
The company serves merchants and digital platforms in more than 170 countries, offering support for over 80 local payment methods, multi-currency virtual accounts, and direct payouts in more than 100 markets.
With annual transaction volumes running into the billions of dollars and consistent triple-digit year-on-year growth, Tazapay has emerged as one of the region’s most dynamic players in global payments.
The technical foundation of the partnership is equally noteworthy.
ClearBank’s modern, cloud-native clearing system now integrates directly with Tazapay’s single-API global payments platform.
This seamless connection is expected to simplify compliant international fund movements and drive higher transaction volumes between the two continents.
The collaboration also complements Tazapay’s expanding regulatory presence.
The firm already holds active licenses in Singapore, the United States, Canada and Australia, with further approvals progressing in Europe, the UAE and Hong Kong.
By combining these credentials with ClearBank’s established European rails, the partnership creates a robust, multi-jurisdictional bridge for businesses seeking frictionless cross-border flows.
Mark Fairless, Group CEO of ClearBank, described the deal as a strategic opportunity.
He noted that working with Tazapay allows ClearBank to back a company enjoying rapid global reach while adding another significant Asian relationship to its portfolio.
Fairless emphasized that the shared focus on blending innovation with regulatory discipline positions the two organizations for a long and successful alliance.
Rahul Shinghal, CEO and co-founder of Tazapay, echoed this optimism.
He highlighted ClearBank’s strengths in instant payments, broad scheme coverage and dependable banking oversight as the decisive factors in choosing the partner.
Shinghal added that the team has been particularly impressed by the quality and speed of implementation and looks forward to scaling payment volumes together in the months ahead.
The partnership arrives at a time when businesses worldwide are demanding more transparent international payment options. By linking Asia’s payments infrastructure with Europe’s clearing networks, ClearBank and Tazapay are helping to build better cross-border commerce.