The Bank of London

Launched in 2021, The Bank of London is the sixth principal clearing bank in the United Kingdom and only the second to be established in 250 years. It operates on a wholesale model, providing Banking-as-a-Service (BaaS) to other businesses, including banks, fintech companies, and corporations, rather than serving retail customers directly. The company's mission is to democratise access to the financial system by offering a patented, modern technology platform for global payments, clearing, and embedded banking solutions, aiming to improve compliance, security, and cost-efficiency for its clients.