ClearBank and Fiat Republic Partner to Streamline Euro Payments in Europe
ClearBank and Fiat Republic Partner to Streamline Euro Payments in Europe
ClearBank has teamed up with Fiat Republic to expand euro payment services across Europe. The new partnership marks the first use of ClearBank’s SEPA Indirect product, designed to simplify cross-border transactions. Fiat Republic will now operate under its own European BICs and issue virtual IBANs to customers. The SEPA Indirect product allows businesses like Fiat Republic to offer euro payments under their own branding. Clients can use their own BICs and IBANs while ClearBank handles scheme access and settlement. This reduces complexity and ensures smoother transactions.
Fiat Republic’s customers will now experience faster, more reliable cross-border payments. Adam Bialy, the company’s founder and CEO, called the partnership a major milestone in crypto banking. He highlighted its role in improving financial access for digital asset businesses.
ClearBank’s SEPA Indirect model is built with strong resilience and compliance measures. Tristan Kirchner, CEO of ClearBank Europe, explained that the goal is to remove barriers to growth by providing dependable euro payments. The company also plans to launch more products in Europe this year as part of its expansion strategy. The collaboration enables Fiat Republic to provide seamless euro transactions under its own name. ClearBank’s new product aims to streamline payments for businesses operating in Europe. Further product launches are expected as the company continues its growth in the region.
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