The partnership with ClearBank will support Volopa with expanding its product range.
In brief:
- ClearBank is a purpose-built, technology-enabled clearing bank which enables partners, like Volopa, to offer real-time payment and innovative banking services to their customers.
- Volopa currently brings together three products into one offering: global payments from the UK to 180 countries worldwide, multicurrency prepaid company cards, and simplified employee expense management.
- After the e-money license is secured and ClearBank’s technology platform is fully integrated, Volopa’s customers will be able to access UK payment rails allowing them to transfer funds to individuals, businesses, or other financial institutions.
What does this mean?
“We are delighted to be partnering with Volopa, enabling them to further expand their services to clients,” said John Salter, Chief Customer Officer at ClearBank. “Our cutting-edge technology will empower them to provide seamless access to UK payment rails, along with accounts and virtual account solutions. This collaboration not only bolsters Volopa’s current banking services but also paves the way for future product expansions. We look forward to further deepening our relationship as Volopa continues to grow its client offering.”