ClearBank Partners With Tazapay to Expand Real-Time Payments

ClearBank Partners With Tazapay to Expand Real-Time Payments

ClearBank has announced a new partnership with Tazapay, a fast-growing cross-border payments platform based in Singapore, in a move aimed at strengthening payment flows between Asia and Europe.

The collaboration marks a notable milestone for both companies. For ClearBank, it brings on its first Singaporean client and its fifth non-resident, Asia-headquartered customer this year—highlighting increasing demand among regulated fintech firms for real-time clearing capabilities across the UK and Europe, it says in a press release.

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 significantly enhance Tazapay’s ability to serve its global client base by connecting its platform to key European payment corridors with bank-grade reliability.

Founded in Singapore, Tazapay has rapidly scaled its operations, supporting merchants and platforms in more than 170 countries. The company offers access to over 80 local payment methods, multicurrency virtual accounts, and local payout capabilities in more than 100 markets. Processing billions of dollars in annual payment volume, Tazapay has achieved triple-digit year-on-year growth.

The partnership integrates ClearBank’s cloud-native clearing infrastructure directly into Tazapay’s single-API payments platform. This will allow for more seamless and compliant cross-border transactions while increasing the speed and efficiency of global money movement.

International Expansion Strategy

The deal also 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 in progress across Europe, the UAE, and Hong Kong.

ClearBank CEO Mark Fairless described the partnership as a strategic opportunity to support a rapidly expanding international business while further strengthening the bank’s presence in Asia. He emphasized the shared focus on combining innovation with strong regulatory standards as a foundation for long-term collaboration.

Tazapay CEO and co-founder Rahul Shinghal called the agreement 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 company expects the relationship to scale as transaction volumes increase.

The partnership reflects a broader trend in global payments, where fintech firms and infrastructure providers are increasingly collaborating to deliver faster, more compliant cross-border solutions. As demand for real-time, transparent payment systems continues to rise, alliances like this are likely to play a central role in shaping the future of international commerce.