“Can a lean European payments institution build a reliable SWIFT and cross-border payment execution product for SMBs and institutions by partnering with a regulated BaaS/clearing bank like ClearBank?”
My EU Pay operates as a European payments institution offering SWIFT-based international payments and safeguarded fund holding. The company processes same-day or next-day SWIFT payments and enforces a safeguarding model for client funds. Its partnership with ClearBank (publicly disclosed by IBS Intelligence) provides the underlying banking/settlement infrastructure. Beyond this, the company's history, founding details, and funding are not publicly disclosed in the available evidence.
My Eu Pay discloses ClearBank as its banking provider, according to the Embedded Finance Index 2026.
My Eu Pay does not disclose a bank charter of its own; its banking services are provided through ClearBank.
My Eu Pay moves money over SWIFT.
The Embedded Finance Index 2026 maps 3 layers in My Eu Pay's stack: Money movement (SWIFT); Banking / BaaS (ClearBank); Sponsor bank (ClearBank).
My Eu Pay is headquartered in EU/EEA (exact location not disclosed in evidence).
Get a read on where your own stack stands against My Eu Pay and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.