ClearBank and Fiat Republic team up to streamline euro payments in Europe

ClearBank has teamed up with Fiat Republic to improve euro payments across Europe. The partnership marks the first use of ClearBank’s new SEPA Indirect product. Both companies aim to simplify cross-border transactions for businesses and customers.

The new SEPA Indirect product lets clients issue their own virtual IBANs and operate under their own BICs. ClearBank handles scheme access and settlement, cutting down on complexity. The model is designed with strong resilience and compliance standards.

Fiat Republic, the first client to adopt the service, will now offer its customers faster and more reliable payments. Adam Bialy, Founder & CEO of Fiat Republic, called the partnership a major step forward in crypto banking. Meanwhile, Tristan Kirchner, CEO of ClearBank Europe, explained that the goal is to remove barriers to growth through dependable euro payments. The two firms worked closely to roll out the solution. ClearBank also plans to launch more products in Europe this year as part of its expansion strategy.

The collaboration between ClearBank and Fiat Republic will provide smoother cross-border transactions. Customers of Fiat Republic can now expect quicker and more efficient euro payments. ClearBank’s wider growth plans include further product launches in the coming months.