UK fintech Clearbank records a loss amidst European expansion

London-based fintech Clearbank announced full-year results for the first time at group level following the business’ expansion across Europe.  The firm, which is an enabler of real-time clearing and embedded banking, reported a 63 per cent increase to £53.3m in its fee-based income. Total deposits managed by the fintech reached £10.8bn – up 77 per [...]