How Crassula and ClearBank helped a UK EMI launch a live payments platform in four weeks
ClearBank case study on a UK-authorised EMI that launched a live multi-currency payments platform in under four weeks, combining Crassula's white-label BaaS platform with ClearBank's agency banking infrastructure. Includes commentary from Ivan Sharov on why the choice of infrastructure partner determined the timeline.
"Choosing the right banking infrastructure partner was critical to the success of this project. Together with ClearBank, we enabled the client to launch a fully operational proposition in under four weeks, removing much of the complexity traditionally associated with bringing financial services to market. As a result, the client was able to focus its resources on customer growth, business development and scaling the proposition, rather than building and maintaining banking infrastructure."
ClearBank published a case study on a UK-authorised EMI that went from implementation agreement to first production customer in under four weeks, against the six to eighteen months traditional vendors quoted for comparable work. The build paired Crassula’s white-label BaaS platform with ClearBank’s agency banking infrastructure, giving the client access to Faster Payments, CHAPS, Bacs, and SEPA Credit without becoming a direct scheme participant or carrying the capital cost of maintaining those connections.
The case study includes commentary from Ivan Sharov on why the choice of infrastructure partner, rather than the product scope, set the timeline.
Read the full case study on ClearBank.
CEO at Crassula
Ivan Sharov is CEO of Crassula, a white-label digital banking platform. He writes on fintech infrastructure, pricing, turnaround, and CEO leadership.
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