Clear2Pay has announced the opening of its Beijing Office through the acquisition of ETH Tech Limited. Clear2Pay Beijing will work in conjunction with the Shenzhen office on developing, integrating and implementing payments solutions within Chinese banks and other financial institutions.

ETH Tech Limited was founded in 2004 with a focus on Business Intelligence (BI) for banks, financial institutions, government agencies and large corporates. Major clients include: China Construction Bank, China National Clearing Centre, Bank of China and the central bank, People’s Bank of China. Clear2Pay China will acquire 100% of the ETH shares, thus making it a full member of the group.

The Clear2Pay Beijing office is home to around 20 staff which brings the total count in China to 80. Internationally Clear2Pay operates out of 11 offices and employs over 450 staff in total.

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