Real-time clearing bank ClearBank has opened its new London headquarters at Broadgate Tower in the City.

The FinTech has also revealed that it now holds £18bn in customer deposits – more than Monzo and Starling – as it continues to scale and expand its footprint.

ClearBank employs 700 people and powers major brands such as Revolut, Coinbase and Wealthify. The HQ move builds on a pivotal 12 months for the bank, after it launched its embedded banking, payments and clearing services to corporate businesses as well as appointing new senior leaders Tristan Kirchner (CEO of ClearBank Europe), Neil Drennan (CTO) and David Samper (group CFO).

The new headquarters was opened by Lucy Rigby KC MP, Economic Secretary to the Treasury.