ClearBank Names Tazapay as First Singaporean Client, Strengthening Asia–Europe Payments Corridor

WHY THIS MATTERS: This partnership is a critical illustration of the accelerating convergence between established banking infrastructure and nimble global payments infrastructure. As Asian payment flows continue their rapid expansion into Western markets, the core challenge is no longer speed, but seamless real-time clearing married with absolute global compliance. The integration of a cloud-native banking utility like ClearBank with a multi-licensed, high-growth cross-border specialist like Tazapay sets a new operational benchmark. It proves that the future of international trade will rely on regulated partnerships that can de-risk liquidity and ensure instantaneous settlement between disparate financial ecosystems. For businesses and platforms relying on Asian suppliers or European customers, this move drastically reduces counterparty risk and operational friction, enabling true scale across two of the world’s most regulated and dynamic commercial corridors.

ClearBank has announced a new partnership with, Tazapay, strengthening payment flows between Asia and Europe.

The partnership makes Tazapay ClearBank’s first Singaporean client and fifth non-resident, Asian headquartered client to onboard this year and reflects growing demand from high-growth, regulated payments companies for real-time clearing capabilities across UK and Europe.

Through the collaboration, ClearBank UK will provide Tazapay with access to its UK and European payment rails, enabling real-time settlement and compliant fiat interoperability for Tazapay’s clients. This marks a significant step in Tazapay’s continued global expansion, connecting its payments platform to key European corridors with bank-grade reliability.

Tazapay is a Singapore-headquartered cross-border payments infrastructure provider serving merchants and platforms in more than 170 countries. The company supports over 80 local payment methods, multicurrency virtual accounts and local payouts in over 100+ markets, processing billions of dollars in annual payment volume and delivering triple-digit year-on-year growth.

The integration connects ClearBank’s cloud-native clearing infrastructure directly into Tazapay’s single-API global payments platform, enabling seamless, compliant cross-border money movement and increased payment flows.

The partnership also builds on Tazapay’s expanding multijurisdictional regulatory footprint, with active licenses in Singapore, US, Canada, and Australia, and further approvals underway across Europe, UAE, and Hong Kong.

Mark Fairless, CEO of ClearBank, said: “Supporting Tazapay creates new opportunities for ClearBank to support a business with a rapidly expanding international presence. It is also another major deal for ClearBank with a leading Asian business, and our first with a Singapore client, as we continue to build our global reputation.  With our shared desire to blend innovation and regulation, I am sure that this is just the start of what will be a successful long-term partnership.”

Rahul Shinghal, CEO and Co-founder of Tazapay, said: “This expansion is a major milestone for Tazapay as we continue to share our payments infrastructure across the world. ClearBank’s ability to provide instant payments, access to a wide range of schemes and bank-grade oversight and reliability made it the ideal partner to support this step. We have been impressed by the quality and speed of the service and look forward to seeing the partnership continue to grow as we increase the flow of payments through our platform.”

FF NEWS TAKE: This move absolutely moves the needle, specifically in normalizing the strategic link between Asia’s digital economy and European clearing networks. It underscores that embedded banking providers are the new connective tissue for global expansion. We should watch for Tazapay to rapidly leverage this integration to pursue new regional licenses and for other Singapore-based fintechs to follow suit, further solidifying the UK’s position as the primary gateway for cross-continent payment flow into the European market.