ClearBank Partners with Tazapay to Expand Real-Time Cross-Border Payments Between Asia and Europe
Partnership strengthens access to UK and European payment rails, enabling faster, compliant, and seamless global transactions
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ClearBank today announced a new partnership with Tazapay, a Singapore-based cross-border payments platform, to enhance real-time payment flows between Asia and Europe.
The collaboration marks a significant milestone for both companies. For ClearBank, it represents its first Singaporean client and its fifth Asia-headquartered, non-resident customer onboarded this year, underscoring growing demand among regulated fintech firms for real-time clearing capabilities across the UK and Europe.
Under the agreement, ClearBank will provide Tazapay with access to UK and European payment rails, enabling real-time settlement and compliant fiat interoperability. The integration is expected to enhance Tazapay’s ability to serve its global customer base by improving connectivity to key European payment corridors with bank-grade reliability.
Founded in Singapore, Tazapay has rapidly expanded its operations, supporting merchants and platforms in more than 170 countries. The company provides access to over 80 local payment methods, multicurrency virtual accounts, and local payout capabilities in more than 100 markets. It processes billions of dollars in annual payment volume and has achieved triple-digit year-on-year growth.
Through the partnership, ClearBank’s cloud-native clearing infrastructure will be integrated directly into Tazapay’s single-API payments platform, enabling faster, more efficient, and compliant cross-border transactions.
The agreement aligns with Tazapay’s broader international expansion strategy. The company currently holds regulatory licenses in Singapore, the United States, Canada, and Australia, with additional approvals underway across Europe, the UAE, and Hong Kong.
Mark Fairless, CEO of ClearBank, said the partnership represents a strategic opportunity to support a rapidly growing international business while strengthening the bank’s presence in Asia. He emphasized the importance of combining innovation with strong regulatory standards to drive sustainable growth.
Rahul Shinghal, CEO and Co-founder of Tazapay, described the partnership as a major milestone in the company’s global growth journey. He highlighted ClearBank’s instant payment capabilities, broad scheme access, and reliability as key factors in selecting the partner, adding that the relationship is expected to scale alongside increasing transaction volumes.
The partnership reflects a broader industry trend of collaboration between fintech platforms and financial infrastructure providers to deliver faster, more transparent, and compliant cross-border payment solutions.
ClearBank today announced a new partnership with Tazapay, a Singapore-based cross-border payments platform, to enhance real-time payment flows between Asia and Europe.
The collaboration marks a significant milestone for both companies. For ClearBank, it represents its first Singaporean client and its fifth Asia-headquartered, non-resident customer onboarded this year, underscoring growing demand among regulated fintech firms for real-time clearing capabilities across the UK and Europe.
Under the agreement, ClearBank will provide Tazapay with access to UK and European payment rails, enabling real-time settlement and compliant fiat interoperability. The integration is expected to enhance Tazapay’s ability to serve its global customer base by improving connectivity to key European payment corridors with bank-grade reliability.
