ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced it has expanded its partnership with PayDo, an Electronic Money Institution (EMI), offering personalised solutions to businesses and individuals with a suite of financial services.

The partnership with ClearBank will allow PayDo customers to convert their transactions into 12 different currencies and gain access to the faster payments network. This step in the partnership means PayDo will now process all GBP clearing through ClearBank.

PayDo’s one-contract, one-dashboard product with a suite of financial services is designed to facilitate fast and secure transactions. With the additional faster payment access enabled by ClearBank, their customers can easily send money and make global transactions.