• Partnership will add agency banking, faster payment services and virtual accounts to Algbra Labs’ Fintech-As-A-Service offering
• ClearBank’s first addition to a channel partner’s go-to-market offer, allowing Algbra to re-sell ClearBank’s services to customers
• New solution will be available to financial institutions and corporate clients on the Algbra Labs platform

ClearBank, the enabler of real-time clearing and embedded banking, today announces its first channel partnership with leading ethical fintech, Algbra, to provide its trusted technology and services as part of Algbra Labs’ Fintech-As-A-Service offering. Through the partnership, Algbra will be able to offer ClearBank’s agency banking, faster payments and virtual account services to customers on its platform, helping them to expand their reach without having to reinvent backend infrastructure. The new solution will be built into Algbra’s existing offer, providing end-to-end service capabilities to customers that will differentiate it from competitors.

ClearBank has worked closely with Algbra to create an innovative, tailored solution that is integrated into its API platform and leverages the UK’s next-gen payments rails and open banking architecture. The service will be immediately available to both financial and non-financial institutions and corporate clients through Algbra, allowing them to use ClearBank’s cloud-based systems to benefit from faster payments and accounts.

The partnership is the first that ClearBank has introduced since launching its channel partner model in early 2025. It aims to select a core group of non-competitive partners with complementary services, through which it can offer additional banking and payments solutions.

Following the launch of the solution, the companies plan to continue their collaboration to create a combined service for their customers. ClearBank will also increase its strategic support for Algbra, providing assistance with the sales and marketing of its products on the Algbra platform.