- Partnership enhances Algbra Labs’ offering with agency banking, faster payments, and virtual accounts
- Algbra becomes the first channel partner to integrate ClearBank’s services directly into its platform
- Solution available immediately to financial institutions, corporates, and fintech innovators
12 August 2025, London - Algbra, the ethical fintech and technology company, today announced the expansion of its Algbra Labs Fintech-as-a-Service (FaaS) platform through a strategic channel partnership with ClearBank, the enabler of real-time clearing and embedded banking.
This collaboration enables Algbra to offer best-in-class agency banking, embedded banking, faster payment services, and virtual accounts to its clients - from financial institutions and corporates to fintech innovators - without them needing to build complex backend infrastructure. Integrated seamlessly into Algbra Labs’ API-driven ecosystem, the new services provide customers with fully regulated accounts, secure and instant payments, and the ability to scale faster in the UK’s fast-growing £213.6bn revenue-generating fintech sector, with future European expansion plans that are SEPA- aligned.
Delivering more for our clients
Through the partnership, ClearBank’s trusted, cloud-native banking and payments technology is now part of Algbra’s end-to-end service offering. This means that customers using the Algbra Labs platform can access regulated accounts and real-time payments alongside Algbra’s full suite of infrastructure, compliance, and product development tools – all from one platform.
The move marks ClearBank’s first-ever channel partnership under its new model, selecting Algbra as a strategically aligned partner to extend its services to new audiences. For Algbra, the agreement is another milestone in building a truly global infrastructure platform, capable of delivering embedded financial services with speed, security, and flexibility.
Tom Mason, Chief Business Officer at Algbra Group, said: "We consider ClearBank an extension of our team. Our channel partnership means that we are equipped to offer our B2B and B2C clients best-in-class banking services including fully regulated business and customer accounts, and safe, secure real time payments giving them a competitive edge in the UK’s £213.6bn revenue-generating fintech ecosystem. We get all the benefits of being a major bank without the administration or overheads”.
The new solution is available immediately via the Algbra Labs platform, with both companies committed to deepening the collaboration to offer further integrated services and jointly support customer growth across the UK and Europe.
Nick Ford, Head of Channels & Alliances at ClearBank, said: “Our first channel partnership is an exciting step in the expansion of our services, providing extra ways for us to unlock our clients’ potential. From start to finish, we have found our values have closely aligned with Algbra’s, with our shared technology-first approach and desire to bring world-class financial services to all. We hope that this is the first of many channel partnerships that will help us to support more non-competitive fintech providers across the UK and Europe.”
